The Fortescue founder used the unveiling of Fortescue Zero Racing to champion electric motorsport's technical evolution against traditional competitors. Formula E's forthcoming Gen4 car is projected to significantly out-accelerate current Formula One machinery when it debuts for the 2026/27 season. Meanwhile, legacy organizers point to their own sustainability efforts, including sustainable fuels and an ongoing target to reach net-zero carbon operations by 2030.
Key points
Mining billionaire Andrew Forrest believes younger audiences will increasingly reject tra…: Mining billionaire Andrew Forrest believes younger audiences will increasingly reject traditional combustion racing in favor of high-performing electric alternatives.
The new Australian electric team features drivers Dan Ticktum and Taylor Barnard using po…: The new Australian electric team features drivers Dan Ticktum and Taylor Barnard using powertrains supplied by Jaguar.
Despite maintaining a massive viewership advantage over Formula E, Formula One is utilizi…: Despite maintaining a massive viewership advantage over Formula E, Formula One is utilizing fully sustainable fuels to achieve net-zero targets by 2030.
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LONDON, Nov 6 : Australian mining billionaire Andrew Forrest said Formula One belonged in a museum and challenged the combustion-engined series to a duel at the launch on Friday of his new all-electric Fortescue Zero Racing Formula E team.
The Fortescue founder and executive chairman said he would like to see their respective cars go head-to-head.
"I think Formula One has a place," he told reporters.
"It should have a very large building with Formula One at the front of it, made out of limestone, with lights on it, and it should be a museum because the younger generation are going to go to the highest performance, greatest technically advanced and kindest to the environment racing there is, and that's going to be Formula E.
"Formula One are fantastic but their time is ticking past them."
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