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New all-electric Formula G series to begin in 2024 with radical format

A new all-electric series is set to commence in four regions around the world in late 2024, bringing with it a radical two-step format.

Headed by former Mahindra Formula E team principal Dilbagh Gill and former Formula 1 driver Nick Heidfeld, who also raced for Mahindra under Gill, Formula G will race on the support bill of existing combustion-based and electric series around the world, offering a space for both junior drivers and professional racers.

Its inaugural season in 2024 will comprise four independent regional championships, each featuring 10 team franchises.

Each of the four championships will be further divided into two paths, one catering to professional drivers and the other for junior racers.

This is made possible by the nature of the car, dubbed the FG-ETwin, which can be run in two power modes.

While professional drivers will be able to exploit the full speed of the car in what will be known as the FG-1 championship, the same machine will run on reduced power in the FG-2 series for up-and-coming racers.

FG said that the idea behind the dual-power technology is to bring the costs down and enable teams to run two races with the same budget and crew required for a one-car entry.

It also means that they will be able to run twice as many drivers across the two championships, with a total of 40 racers expected to take part in each regional 20-car series.

Plans for what was then known as ACE Championship were first revealed on the eve of the Hyderabad E-Prix in February earlier this year. The series has now been rebranded and relaunched as Formula G, with G standing for green, global, good, growth and groundbreaking.

“When Nick Heidfeld and I created ACE, we always envisioned two series with the same teams competing around the world at its own events” said Dilbagh Gill, Founder and CEO of Formula G.

Source: Autosport

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