Formula E Racing Series to Launch in 2014
LONDON - A new 'Formula E' global series of city centre electric car races will start in 2014 after motor sport's governing body licensed the commercial rights to a Hong Kong-based consortium.
A statement on Monday said London-based Spanish businessman Enrique Banuelos will be lead investor in Formula E Holdings Ltd, with compatriot and fellow shareholder Alejandro Agag serving as chief executive.
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