In a stunning twist set to electrify the motorsport world, Hyundai is reportedly laying the groundwork for a seismic move into Formula E—a game-changing maneuver that could redefine the landscape of global electric racing. As whispers intensify, the South Korean automotive giant has been deep in talks with McLaren Racing, eyeing a blockbuster partnership that could debut as early as Formula E’s second Gen4 homologation cycle in 2028-29.
Hyundai’s Grand Electric Vision
Already a heavyweight in motorsport, Hyundai has been relentlessly expanding its presence across disciplines. The manufacturer recently unveiled a high-stakes sportscar project under its luxury Genesis brand, set to debut in 2026. With technical backing from ORECA and IDEC Sport, the program boasts an all-star team, including Andre Lotterer, to take on the world’s endurance racing elite.
Meanwhile, Hyundai’s World Rally Championship campaign just delivered its first-ever drivers’ title via Thierry Neuville. Yet, uncertainty clouds its WRC future beyond 2025, as the company refocuses its efforts on electrification. Pair this with its dominance in the TCR World Tour, and Hyundai’s trajectory is crystal clear: total domination of global motorsport, spearheaded by electric innovation.
Formula E: The Next Frontier
Hyundai’s rumored Formula E ambitions align perfectly with its EV roadmap. Leveraging its cutting-edge Electric-Global Modular Platform (E-GMP) and global commitment to sustainability, the brand aims to conquer the all-electric racing stage. Talks with McLaren have reportedly progressed further than with any other team, positioning McLaren as a prime candidate for a Hyundai-powered partnership. If finalized, this collaboration could rival Formula E’s biggest names, from Jaguar to Porsche.
McLaren currently runs Nissan powertrains, but their deal expires after the 2025-26 season. Enter Hyundai, which could provide a bespoke electric powertrain to revolutionize McLaren’s competitiveness in the Gen4 era. Additionally, Hyundai has held discussions with DS Penske, suggesting that multiple entry points into the sport are on the table.
Timing is Everything
Hyundai’s potential entry in 2028-29, halfway through Formula E’s Gen4 ruleset, could disrupt the series’ dynamics. While late entries are rare, Hyundai’s arrival could force existing manufacturers and customer teams to rethink their alliances. Yet, for Formula E, Hyundai’s involvement would be a boon, signaling a renewed vote of confidence in the championship’s future.
Despite Hyundai’s cautious approach, industry insiders see this as inevitable. With Formula E CEO Jeff Dodds recently emphasizing the importance of striking a balance between manufacturers, Hyundai’s addition would bolster the championship while raising its competitive stakes.
Hyundai’s Electric Arsenal
Behind Hyundai’s motorsport expansion is François-Xavier Demaison, the technical mastermind who helped create Volkswagen’s record-shattering ID.R. With his expertise, Hyundai’s potential Formula E powertrain could set new benchmarks in performance and efficiency, adding prestige to the championship and reinvigorating fan interest.
Formula E’s High-Stakes Gamble
While Hyundai’s entry promises to reshape Formula E, the series faces broader challenges. Current manufacturers like Jaguar, Nissan, and Porsche dominate, with Maserati joining the ranks. However, fewer manufacturers have entered the sport in recent years, raising questions about its appeal. Hyundai’s decision to join would not only validate Formula E’s long-term vision but could also inspire other manufacturers to follow suit.
The Road Ahead
Though Hyundai has yet to make an official commitment, the signs point toward an electrifying future for both the brand and Formula E. With its motorsport pedigree, technical prowess, and relentless drive to innovate, Hyundai’s entry could mark the dawn of a new era in electric racing—one that fans and competitors alike won’t want to miss.
