Fortescue Zero Launches Formula E Racing Team
The Australian firm plans to enter the ABB FIA Formula E World Championship for the 2026/27 season, subject to approvals.
Updated on Nov. 6, 2026 in Electric Vehicles
Fortescue Zero has launched a racing and innovation team that intends to be the first Australian-owned outfit to race in the ABB FIA Formula E World Championship. The team has acquired the Penske Formula E operation to establish its customer team and will compete with a Jaguar GEN4 powertrain.
Why it matters
The move extends Fortescue Zero's presence in electric motorsport, where it has been a longtime participant and official PIT BOOST provider. Its backers frame racing as a testing ground for technology later applied across commercial electric vehicles and heavy industry.
The team plans to start for the 2026/27 season and will race with a Jaguar GEN4 powertrain. Fortescue Zero previously served as official PIT BOOST provider in the 2024/25 and 2025/26 seasons.
The players
Fortescue Zero
The zero-emissions technology arm of Australian mining company Fortescue, which develops electric and hydrogen technologies for heavy industry and transport.
Jaguar TCS Racing
The works Formula E team of Jaguar, which has a technical partnership with Fortescue Zero.
The details
Fortescue acquired the Penske Formula E operation to establish the new customer team. Fortescue Zero also holds a technical partnership with Jaguar TCS Racing and has been part of Formula E since the championship's early years.
Timeline
2024/25 season: Fortescue Zero serves as official PIT BOOST provider.
2025/26 season: Fortescue Zero continues as official PIT BOOST provider.
- 2026-11-06
Fortescue Zero launches its racing and innovation team.
2026/27 season: Planned start of the team's Formula E competition, subject to approvals.
Roadmap
Formula E, now in its established years as the top-tier all-electric racing series, has drawn energy and automotive firms seeking to test powertrain technology under competitive conditions. Fortescue Zero's entry continues that pattern, positioning a mining-linked clean energy company alongside traditional automakers.
For drivers and fans, the entry adds a new Australian-owned team to the Formula E grid, with its racing results likely to shape viewing interest in the series. The technology developed through the program is intended to inform electric vehicles and industrial equipment in the longer term.
The takeaway
Motorsport remains a proving ground for electric drivetrains, and Fortescue Zero's entry shows how energy firms are using racing to develop technology for heavy industry as well as passenger vehicles.
What happens next
The team's Formula E entry for the 2026/27 season depends on FEO and FIA approvals, which will determine whether the planned start proceeds.
Further reading
For more on the electrification push behind this entry, see Electric Vehicles.
