Formula E champions Mercedes will leave the all-electric series at the end of the Gen2 era in 2022. Mercedes said it will withdraw from the championship so that it can concentrate on Formula One.
Mercedes decision comes three days after Dutch driver Nyck de Vries clinched the Formula E world championship title after finishing eighth in the season's final race in Berlin. Mercedes also won the team's title after Stoffel Vandoorne’s third place.
“Mercedes-Benz today announced that it will conclude its ABB FIA Formula E success story as a team entrant and manufacturer at the end of Season 8, in August 2022,” the manufacturer said in a statement as reported by Telegraph.
“Moving forward, the company will concentrate its works motorsport activities on Formula 1, reinforcing the sport’s status as the fastest laboratory for developing and proving sustainable and scalable future performance technologies.”
Mercedes announced its new strategic plan for its brand in July, planning to go all-electric by the end of this decade.
“As part of the new strategic direction, the brand has deliberately chosen to shift resources for this accelerated ramp-up of electrification, including the development of three electric-only architectures to be launched in 2025,” the carmaker said as reported by REUTERS.
“Therefore, Mercedes will reallocate resource away from its ABB FIA Formula E World Championship program and towards applying the lessons learned in competition to product development in series.” REUTERS
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