Fox Sports acquires FIA Formula E Racing

Did you know there was an electric care racing league? If you didn't, rest assured. There currently isn't, but that will be changing in 2014. Fox Sports and the FIA Formula E Racing League have entered into an agreement that creates the first ever fully electric car racing circuit and places television coverage on the FOX networks. Below are the details. 

FOX SPORTS Inks International Multi-Media Deal With
FIA Formula E Championship

New global electric race series to broadcast across FOX family of networks
spanning 88 territories over six continents.

FOX Sports, one of the largest global sports networks, has signed a multi-year, international

multi-media deal with the FIA Formula E Championship, the world’s first fully-electric car racing

series beginning in September 2014. 

Formula E (www.fiaformulae.com) is a new FIA Championship featuring open-wheel cars
powered exclusively by electricity and racing in the heart of 10 of the world’s leading cities,
including two in the US with Los Angeles and Miami. Designed to promote interest and
investment in electric vehicles and sustainable motoring, 10 teams each with two drivers will
compete in one hour races using Formula cars capable of reaching speeds of more than
220kph with zero emissions. “This series makes racing very relevant well into the future,”
said Carlos Martinez, President Latin America for FOX International Channels, who helped
broker the deal. “With a global approach to acquiring knowledge and fast-tracking technology
through the world of international racing competition,the FIA Formula E Championship is much
more than just another weekend at the track...it makes racing an integral part of solving one of
the world’s most daunting challenges and we are thrilled to be a part of that process.” 

With full U.S. exclusivity across the FOX family of networks, including FOX Sports 1, America’s
new sports network set to launch on August, 17th, FOX Sports also has exclusive and
non-exclusive rights in more than 80 territories including Canada, Latin America/Caribbean,
Netherlands, Italy, Japan, Hong Kong, Malaysia, Indonesia, Singapore, Taiwan, South Korea,
Australia and other areas of Asia, India and Africa.The deal, across all territories, includes
exclusive and non-exclusive on-line and mobile transmission rights.“We are very proud to
announce this major agreement between FOX and the FIA Formula E Championship and to be
partnering a truly global organization that fully believes in the future of racing,” said Alejandro Agag,
CEO of Championship promoter Formula E Holdings. “This global broadcasting deal will bring
our Championship to nearly 90 countries and a potential 180 million households worldwide,
giving our partners, our teams, and our team’s part ners a platform to visualize the association
to the values of this competition. We are particularly happy to join FOX at the time when
FOX Sports 1 is being launched. America is a key market for electric cars and to show
our races live in the US will be central to promoting this type of mobility.” As well as two
races in the US, last month saw leading IndyCar outfit Andretti Autosport become the first US
team to join Formula E. Six of the 10 teams have now been signed for the inaugural season,
three of which have already been announced with Andretti Autosport, China Racing and
British-based Drayson Racing.

FOX Sports internationally is largely operated by FOX International Channels, 21st Century
FOX’s international multi-media business operating over 300 entertainment, sports, factual
and lifestyle pay-TV network and non-linear services worldwide.

For more information on Fox Sports visit www.foxsports.com or further details on the FIA

Formula E Championship go to www.fiaformulae.com