ACE Championship electric series rebrands as Formula G
All-electric racing series ACE Championship has announced its rebranding as Formula G for its launch in 2024. Series founders Dilbagh Gill, a former Mahindra Racing Formula E team principal, and former F1 racer Nick Heidfeld have also revealed initial details about the world’s first dual-power, all-electric racing series, which is set to race as a support series in four regions across the globe starting next year.
While retaining the original vision of creating opportunity through affordability at all levels of the sport, Gill and his organization are positioning Formula G as the only professional motorsports series capable of delivering a “green racing” solution to all existing motorsports formats. Formula G will compete as a support series on the same tracks, on the same weekends, as existing combustion engine, alternative fuel, and all-electric powered racing events featuring an all-new open-wheel all-electric race car, the FG-ETwin.
Featuring the unique technical ability to be raced at reduced power by a junior driver and then at full power by a professional driver, the FG-ETwin allows the creation of a two-race format series using a single car. This dual-power technology also reduces all costs of competition, enabling teams to run two races with the budget and crew required for a one-car entry.
This setup will double the entertainment value and branding opportunities for sponsors, and providing exposure for both emerging and established drivers as they compete in front of larger crowds.
Formula G’s inaugural season, commencing in late 2024, will feature independent championships in four regions that the series founders say will be announced soon. Each will have 10 team franchises and 40 drivers, 20 of which will compete in the reduced-power championship “F-G2” and 20 professional drivers competing in the full powered “F-G1 Championship.”
“When Nick Heidfeld and I created ACE, we always envisioned two series with the same teams competing around the world at its own events,” said Gill, founder and CEO of Formula G. “As we listened to team owners, promoters, owners of other motorsports series, and various stakeholders, it became clear that each region had its own economic and sustainability challenges and goals that we needed to address if Formula G was to become the leading support series in the fastest growing and underserved sector of motorsports.
“I am proud that after receiving support at every level of the sport, Formula G, by launching as a support series in multiple regions, is the first global series to create affordability and accessibility, unique by region, that will enable Formula G to attract more diversity in team owners, drivers, mechanics and engineers, while creating significantly more career opportunities on and off the track.”
“This is a championship I am extremely passionate about, and I wanted to be involved since the moment Dilbagh presented his vision,” said co-founder Heidfeld. “As a driver, I recognize the barriers that stand in the way of the opportunity to race competitively and progress through different levels. I believe Formula G is a truly unique racing platform that breaks down many of these, and will create previously unavailable opportunities. At the same time, Formula G will also fill a green racing void that everyone in the sport — from teams, to drivers, sponsors, and promoters, and most importantly race fans around the world — have all been waiting for. I cannot wait for the first races and helping the next generations of drivers become the stars of the future.”
More information can be found at formulag.com.
