Is Formula E a serious threat to Formula 1?

Jarno Trulli latest addition to the Formula E grid

Jarno Trulli latest addition to the Formula E grid

According to the Times newspaper, Formula 1 must look over its shoulder at the new Formula E series that is rapidly gaining credibility in the world of motorsport.

The latest name attracting headlines for the FIA’s all-electric single seater category is Jarno Trulli, the well-known ex Formula 1 driver and Monaco GP winner.

The 39-year-old Italian has bought a team, and the former Renault and Toyota driver will be at the wheel of the Trulli GP car on city streets including Berlin, California and London.

“I am very pleased to be a pioneer of this new formula E project,” said Trulli, who will race against other ex-Formula 1 names like Lucas di Grassi, Jaime Alguersuari, Bruno Senna, Karun Chandhok and Franck Montagny.

And with Trulli in the team owner’s circle are the likes of Virgin, Audi, Super Aguri, Michael Andretti, Alain Prost, and Hollywood actor Leonardo di Caprio.

Formula E is an attractive proposition for many outside F1

Formula E is an attractive proposition for many outside F1

Times correspondent Kevin Eason said that the “intriguing” formula E concept is gathering speed just as Formula 1 is gripped in “soul-searching”, with its teams locked in factions arguing about costs.

Ferrari has issued its latest quit threat, arguments are raging about the volume of the engines despite formula E being almost completely silent, and the mere “viability” of a sport run by a private equity group “is in severe doubt”, he argued.

Furthermore, Formula 1′s television audiences are in decline, said Eason, and “sponsors are restless”.

“Formula E is a breath of fresh air,” he concluded, “and Formula 1 has to worry that fans will believe so.” (GMM)