Formula E is in good shape and still attracting strong manufacturer interest despite BMW and Audi announcing their departures after next season, the electric racing series' founder and chairman Alejandro Agag said on Thursday.
The two German carmakers announced this week that they would leave next year, with BMW saying its strategic focus was shifting."When it comes to the development of e-drivetrains, BMW Group has essentially exhausted the opportunities for this form of technology transfer in the competitive environment of Formula E," it added.
Mercedes, dominant in Formula One and who also have a Formula E team, indicated they would be staying but wanted to see costs cut. Agag said only one entry was affected, since BMW never had one of their own and were technical partners of Andretti Motorsport.
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