Mercedes has confirmed it will join the Formula E grid for season six (2019/20) after taking up its option on an entry to the all-electric series.
After conquering the F1 world in recent years, Mercedes announced last October that it had secured an option on an entry for season five, making it the latest manufacturer to express serious interest in the championship.
Mercedes head of motorsport Toto Wolff said last month that research into Formula E was still ongoing, with a decision not due until the October deadline.
Prior to this weekend’s season finale in Montreal, Mercedes announced that it would be going ahead with its plans for Formula E, joining the grid as a manufacturer for season six.
In a sign of the changing landscape of global motorsport, Mercedes also confirmed that it would be quitting DTM at the end of 2018 in order to focus on its Formula E interests.
“In motorsport like in every other area, we want to be the benchmark in the premium segment and to explore innovative new projects. The combination of Formula 1 and Formula E delivers that,” Wolff said.
“Formula E is like an exciting start-up venture: it offers a brand new format, combining racing with a strong event character, in order to promote current and future technologies.
“Electrification is happening in the road car world and Formula E offers manufacturers an interesting platform to bring this technology to a new audience – and to do so with a completely new kind of racing, different to any other series.
“I am pleased that we were able to extend our entry option for one year to the 2019/20 season. This gives us time to properly understand the series and to prepare for our entry in the right way.”
Formula E CEO Alejandro Agag added: “Today is a great day as we welcome Mercedes to the Formula E family – adding to the increasing number of manufacturers joining the electric revolution.
“This step shows how much the world is changing, not only in motorsport, but the whole automotive industry. We’re witnessing a transformation that will first change our cities, and then our roads.
“Formula E is the championship that embodies that change, and together with all our teams and manufacturers we’ll keep pushing for technologies to have better and more affordable electric cars.”