Drayson sign up for all-electric Formula E
British outfit Drayson Racing Technologies (DRT) on Wednesday announced that they are the first team to have signed up for the new Formula E world championship in 2014.
The new series will exclusively feature cars fuelled by renewable electric energy and has the full support of motor racing's governing body, the FIA.
"We are hugely excited about the prospect of competing in the opening season of FIA Formula E," said team principal Paul Drayson, a member of Britain's upper chamber of parliament and the former UK Minister of Science and Innovation.
"We aim to be one of the front runners from the start, leveraging the knowhow we've built up over the past two years working on electric drivetrains and developing our 200 mph electric Le Mans prototype.
"We believe that FIA Formula E has very significant commercial potential. It will attract new fans and new sponsors to motorsport and is on track to become the world's leading environmentally sustainable global sporting event."
The inaugural Formula E championship will feature 10 city-centre races, with Rio de Janeiro and Rome already confirmed as host cities.