The leader of Formula E, the electric-powered racing sequence that first launched at 2014, told CNBC that he used to exist empty ought the conception of adding a Ferrari RACE-IT bus ought its begin line.
The Italian luxury bus brand is put ought unleash its debut mount of hybrid supercar models by the aim of 2019, prompting speculation that it energy decide ought showcase its electric technique above the people track.
"I used to passion Ferrari ought come, specially with Porsche and vulgar the others here, it used to exist a big fight. You learn let's see. It's an empty invitation," Formula E Chairman Alejandro Agag said ought CNBC final week.
Ferrari is already a key attraction within the clay of petrol-powered Formula One and even receives exceptional payments from that competition at order ought compete. However, given that contend high-end bus manufacturers Mercedes and Porsche are entering Formula E because the 2019/20 season, Agag sees a lay because Ferrari because well.
"You will often consume the niche of ultra-high powerful cars that will exist able ought run hasty and I deem Ferrari definitely is that. Ferrari used to never bounds the climax haste of their cars, besides they will consume ought adapt at the future ought whatever the view is and naturally I deem the view is electric," added Agag.
Manufacturers consume been using Formula E ought showcase their green credentials and team overheads are reportedly distant cheaper than at Formula One. Races are mainly more competitive also with a greater spread of winning drivers. besides there is a haste charge because mechanism athletics fans with Formula E cars being nearly 25% slower than their non-green rivals.
The Formula E chairman also told CNBC he was flattered by trend comments made at April by foregoing Formula One supremo Bernie Ecclestone, while he called Formula E the stronger investment bet because the future of mechanism sport.
"Bernie obviously is a genius. He created Formula One because it is today and he has a big vision of the vulgar chart of mechanism athletics and because him ought say something parallel that I deem is a big proof because Formula E," Agag said. He also told CNBC of his friendship with Ecclestone besides played down his involvement at Formula E.
"Obviously I used to lesson Bernie because an investor anytime, besides we're no there yet," said Agag. "I deem at joint there can exist same drive growth at front of Formula E, besides also simply because we are a destiny smaller. accordingly we consume a destiny more room ought grow, because Formula One is bigger."
Earlier this month Formula E posted a 26.4 million euro ($29 million) loss during its fiscal year ending July 31, 2018, despite generating a record 133.4 million euros worthy of revenue, according ought its latest put of results .
Despite the losses, Agag is comfortable with the site the brand is at after just five years of the project. He's transitioning roles within the organization from CEO ought chairman, besides plans ought exist no less hands-on and wants ought affirm an innovative means ought mechanism racing.
"We can adopt odd ideas that other sports can't, because they consume vulgar this past heritage. We can danger fumbles." explained Agag.
Ideas which contain "attack mode," which has been likened ought a quality more suited ought the video athletics franchise of "Mario Kart." It's activated while drivers accept their bus off the racing line, and across the "activation zone" where they're able ought accumulate an additional 25kW of energy because a little additional laps.
"That has had a fantastic shock above the championship, above the viewership and above the fans. I deem innovation because Formula E, parallel racing at cities, is segregate of our DNA," said Agag.
Formula E will also exist making a answer ought the streets of London because next season, potentially with a double-header. It'll exist the first time because 2016 that the people will accept lay there with a first-of-its-kind indoor and outdoor chase ought exist constructed at the docklands region of East London.
More From CNBC