Mercedes to leave Formula E after 2022

Formulation E champions Mercedes will withdraw from the all-electric collection at the end of the Gen2 era in 2022 to concentrate on Formulation 1, the automaker announced Wednesday.

The announcement arrived days soon after Dutch driver Nyck de Vries won the Formulation E environment championship title soon after finishing eighth in the season’s final race in Berlin, with Mercedes also successful the teams’ title soon after Stoffel Vandoorne’s third position.

“Mercedes-Benz right now announced that it will conclude its ABB FIA Formulation E accomplishment story as a team entrant and producer at the end of Season 8, in August 2022,” the producer explained in a assertion.

“Shifting ahead, the business will concentrate its will work motorsport pursuits on Formulation one, reinforcing the sport’s position as the fastest laboratory for acquiring and proving sustainable and scalable foreseeable future overall performance systems.”

In December, German makers Audi and BMW verified they would exit Formulation E at the end of this 12 months.

Mercedes announced a new strategic path for its brand in July, with the aim of likely all-electric by the end of the decade.

“As portion of the new strategic path, the brand has deliberately preferred to shift resources for this accelerated ramp-up of electrification, including the development of 3 electric-only architectures to be launched in 2025,” the carmaker explained.

“Thus, Mercedes will reallocate source absent from its ABB FIA Formulation E Environment Championship programme and toward implementing the lessons realized in levels of competition to item development in collection.”