Motor racing-Global electric car series to launch in 2014

Newswire

By Alan Baldwin LONDON, Aug 27 (Reuters) - A new 'Formula E' global series of city centre electric car races will start in 2014 after motor sport's governing body licensed the commercial rights to a Hong Kong-based consortium. A statement on Monday said London-based Spanish businessman Enrique Banuelos will be lead investor in Formula E Holdings Ltd, with compatriot and fellow shareholder Alejandro Agag serving as chief executive. British ...

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