Formula E 2025 Schedule Released; Liberty Global Takes Ownership of Series
Formule One's owner will also run electric car series now
Posted On: June 13, 2024 By :Liberty Global, the owner of Formula One, will acquire additional shares in Formula E that will bring Liberty’s ownership of the electric car racing world championship to 65% after buying out Warner Bros Discovery.
“Liberty Global have a proven track record of building and growing businesses and their investment in us comes at the perfect time as we plan for a period of exponential growth,” said Formula E Chief Executive Officer Jeff Dodds. “Having personally known and worked alongside the Liberty leadership team for over a decade, I’m thrilled to be able to further benefit from their expertise and their resources. This is a powerful vindication of the huge potential of our sport.”
The announcement came on the same day that Formula E released its 2025 schedule with 17 races across 11 locations with doubleheaders in Shanghai, Tokyo, Berlin, London, Monaco and Saudi Arabia.
The 2025 season will actually start December 7, 2024, in Sao Paulo, Brazil, before going January 11 to Mexico City with stops included in Miami on April 12, Monaco on May 3-4, Tokyo on May 17-18, Shanghai on May 31 and June 1, Berlin on July 12-13 and London on July 26-27. There is one race still open on the calendar with the date in March yet to be announced while final discussions with a new venue take place.
Miami will be on the Formula E schedule for the first time since the series’ inaugural season with the race scheduled to be at Homestead Miami Speedway. The Formula E World Championship this season will make a U.S. stop in Portland on June 29 with the season finale in London on the weekend of July 20–21 at ExCeL London with a track that weaves its way both inside and outside of the xhibition center and around the historical heartland of the Royal Docklands.
“We’re excited to take a controlling interest in Formula E, a business we first invested in nearly 10 years ago,” said Liberty Global Chief Executive officer Mike Fries. “Formula E has a massive potential for further growth while integrating the most advanced sustainability standards in sports. The investment continues our approach of disciplined capital rotation across our Ventures portfolio and our strategy of making long-term investments in highly attractive businesses.”
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