Fortescue Zero Racing
 | |
| Founded | 2026 |
|---|---|
| Founder(s) | Andrew Forrest |
| Base | Kidlington, England |
| Team principal(s) | Jim Wright |
| Current series | Formula E |
| Current drivers | 20.  Taylor Barnard30. Dan Ticktum |
Fortescue Zero Racing is a British-based Australian racing team which is set to compete in Formula E. The team, owned by mining and energy giant Fortescue, was formed following the buyout of Penske Autosport in September 2026.[1][2]
History
[edit]On 24 January 2022, Australian mining and energy firm Fortescue announced its purchase of Williams Advanced Engineering for £164m.[3] In January 2023, the company was renamed WAE Technologies.[4] In June 2024, it was rebranded again as Fortescue Zero.[5] Fortescue Zero supplied the battery technology used in Extreme E and Formula E Gen3 cars, as well as the new-for-2025 Pit Boost, and is the service provider for Jaguar Racing since 2016.[6][7]
On 18 September 2026, Andrew Forrest announced the buyout of Penske Autosport, thus adding full ownership of a team to Fortescue Zero's Formula E portfolio. The team are set to run Jaguar powertrains and be based in Kidlington, England.[8][9] Jim Wright was appointed as team principal.[10] In October, former Penske driver Taylor Barnard and Dan Ticktum were announced as the team's driver lineup for the 2026–27 season.[11][12]
References
[edit]- ↑ "Fortescue Zero launches racing and innovation team". Global. Retrieved 2026-09-18.
- ↑ "REVEALED: Fortescue Zero take over Penske FE Team". FE Notebook. 2026-09-17. Retrieved 2026-09-18.
- ↑ "Fortescue: Firm owned by Australia's richest man buys Williams F1 battery arm". bbc.co.uk. 24 January 2022.
- ↑ Vaughan, Tina (3 January 2023). "WAE Technologies: All new branding for Williams Advanced Engineering". WAE.
- ↑ "Fortescue announces official re-brand of WAE to Fortescue Zero". Fortescue Zero. 10 June 2024.
- ↑ Wilde, Dominik (17 September 2026). "Penske sells Formula E team to Fortescue Zero". RACER.com. Retrieved 18 September 2026.
- ↑ Wirtz, Tobias (17 September 2026). "Formula E: Fortescue Zero takes majority stake in Penske team & signs Jaguar Gen4 deal". e-Formula.news. Retrieved 18 September 2026.
- ↑ Golding, Nick (2026-09-17). "Formula E bombshell as Penske team acquired". RacingNews365. Retrieved 2026-09-18.
- ↑ Dudley-Nicholson, Jennifer (2026-09-18). "Mining giant Fortescue to enter team in world's biggest electric racing series as it aims to eliminate fossil fuels". The Driven IO. Retrieved 2026-09-18.
- ↑ "Fortescue Zero Racing appoints Jim Wright as Team Principal". Fortescue. 23 September 2026. Retrieved 23 September 2026.
- ↑ Hardy, Ed (12 October 2026). "Taylor Barnard secures Formula E future by joining Fortescue Zero". Motorsport.com. Motorsport Network. Retrieved 12 October 2026.
- ↑ Wilde, Dominik (22 October 2026). "Ticktum joins Fortescue Zero Formula E team". RACER.com. Retrieved 22 October 2026.
 | This Auto racing team article is a stub. You can help Wikipedia by adding missing information. |