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Formula E’s Power Play: London ExCeL vs. Silverstone for the Future of Electric Racing

Virgilio Machado by Virgilio Machado
January 9, 2025
in Motorsports
Reading Time: 3 mins read
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Formula E’s Power Play: London ExCeL vs. Silverstone for the Future of Electric Racing

In a high-stakes twist for Formula E fans and the racing world, the London ExCeL Centre is on track to host the electrifying London E-Prix through 2026, with an official contract expected by the end of this year. However, whispers of a shift to Silverstone or even other UK circuits for the Gen4 era are sparking debate—and may hint at a fundamental shift in Formula E’s strategic vision.

ExCeL Extension Secured, but Silverstone Looms Large

Formula E’s current UK home at ExCeL, which has hosted roaring double-headers since 2021 after a pandemic delay, has become iconic with its unique indoor-outdoor track design. Yet, despite sell-out crowds and a fan-friendly atmosphere, the racing series is evaluating whether the ExCeL circuit can handle the Gen4 cars set to debut in 2026—faster, more powerful machines that could outgrow several existing venues.

While Formula E CEO Jeff Dodds confirmed ExCeL’s appeal as an “amazing venue” for the sport, talks have quietly resumed with Silverstone, stirring curiosity over a possible shift from the capital to a more traditional racetrack. Insiders hint that this pivot isn’t just about track size; it’s part of a broader cost-cutting move. Hosting races at purpose-built venues, like Silverstone, would slash infrastructure costs, a factor that is increasingly relevant as Formula E strives to break even for the first time since its inception.

Cost-Cutting Drive: A New Financial Reality for Formula E

Formula E’s financial strategy has shifted under Liberty Global’s majority ownership. Cost-cutting has already transformed the race calendar, with high-cost circuits like Rome and Diriyah replaced by more budget-friendly alternatives such as Misano and the newly designed Jeddah Corniche circuit. Now, extending the ExCeL contract could offer a budget-friendly boost—but if the Gen4 cars push the ExCeL venue to its limits, costly expansions may be required to accommodate the faster speeds and tighter corners, raising questions about long-term viability.

ExCeL vs. Silverstone: A Cultural Clash in UK Motorsport?

Moving Formula E to Silverstone, the crown jewel of British motorsport, would be symbolic—and potentially problematic. The comparisons to Formula 1 would be inevitable, drawing a contrast that Dodds has admitted could be “unhealthy” for Formula E’s distinct electric racing ethos. “We’re not trying to be Formula 1,” Dodds emphasized, noting that a Silverstone deal could spark unhelpful comparisons with the high-octane glamour of F1.

And while Silverstone and Brands Hatch stand out as viable options in the UK, Dodds warned that a move to a traditional racetrack might overshadow the sport’s appeal as a unique urban series. ExCeL, located in the heart of London Docklands, embodies Formula E’s drive to bring racing to city centers, a principle that could be diluted if races are relocated to rural circuits.

Fans in Limbo: What’s Next for Formula E in the UK?

Despite the uncertainties, fans can look forward to at least one more spectacular season at ExCeL, with a possible August 2026 date in alignment with calendar adjustments for the Tokyo E-Prix. Dodds hinted that the ExCeL venue remains a top contender, but he also left the door open for a new “fixed circuit” in the UK.

So, what lies ahead? Formula E faces a dilemma: Should it invest in expanding the ExCeL track, or make the bold jump to Silverstone? For now, fans await an official announcement, fingers crossed that the ExCeL’s unique urban race experience will endure and evolve for the Gen4 era and beyond.

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