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Formula E Crisis Unveiled: McLaren and Maserati Teams on Brink of Collapse

Carl Smith by Carl Smith
May 12, 2025
in Motorsports
Reading Time: 1 min read
0
Formula E Crisis Unveiled: McLaren and Maserati Teams on Brink of Collapse

Formula E in Crisis: Teams Struggle to Stay Afloat Amid Financial Turmoil

As the Formula E grid faces impending turmoil with the departure of the NEOM McLaren team, the electric racing championship is on the brink of a crisis. The forced evolution of the NEOM McLaren team, leading to the removal of both names from the grid after July, has sent shockwaves through the racing community.

The financial struggles of teams like the MSG Maserati squad paint a bleak picture for the future of Formula E. With debts amounting to as much as €15 million, the MSG team is barely staying afloat with the help of financial assistance from Formula E. The precarious situation of these teams raises concerns about the sustainability of the championship.

The uncertainty surrounding the future ownership of struggling teams like MSG and NEOM McLaren has cast a shadow over Formula E’s future. The potential departure of manufacturers could further destabilize the championship, with repercussions that may be felt for years to come.

Despite the challenges, Formula E CEO Jeff Dodds remains optimistic about the future of the championship. Dodds emphasizes the importance of finding credible investors to ensure the continuity of teams like MSG and NEOM McLaren. The departure of McLaren and the financial struggles of other teams present a critical juncture for Formula E, with the need for new investors and partners more urgent than ever.

The evolving landscape of Formula E, with changing team ownership and financial difficulties, raises questions about the championship’s long-term viability. As Formula E navigates these turbulent waters, the future of electric racing hangs in the balance.

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