Govt of Telangana signs agreement with Formula E for Hyderabad to become host city
India Today
Formula E and the Government of Telangana have signed a Letter of Intent to consider Hyderbabd as a host city for a future Formula E race.
Formula E, the most prominent name in the electric car racing space, signed an agreement with the Government of Telangana to make Hyderabad a host city. Fastest growing motor sport series on the planet @FIAFormulaE comes to #HappeningHyderabadI strongly believe that this will usher in an electric growth in EVs, new decarbonised sustainable future & make #Telangana an ideal EV Hub#ChangeAccelerated pic.twitter.com/H0cvtjPXwf We were one of the founding teams in Formula E and a long held dream of @MahindraRacing has been to race our cars on home ground, cheered on by a home crowd. Thank you @KTRTRS for taking a huge step towards making that dream a reality! We can’t wait https://t.co/HF9OoVDVXO
Although ideated just 10 years ago in 2011 and the first race held in 2014, its viewership per race is more than half of Formula 1 and is increasing every year quite rapidly. Currently, Formula E boasts of a cumulative viewership of 500 million. Currently, there are more than 20 cities that are being considered for a chance to host a Formula E street race.
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