The new FIA-sanctioned electric single seater series Formula E could sweep in and snap up a New York street race.<\/p>\n
Series organiser Alejandro Agag told Forbes that talks with city authorities are underway.<\/p>\n
F1 has been planning a street race amid the Manhattan skyline, but the event has been repeatedly delayed, with the main problem reportedly being money.<\/p>\n
“We are working with New York,” Formula E’s Agag told F1 business journalist Christian Sylt, “but we are kind of waiting to see what happens with formula one.”<\/p>\n
Formula E’s advantage, according to Sylt, is that while F1 charges promoters a fee of up to $27 million per race, the new electric series is offering its events to cities for free.<\/p>\n
“Mr Agag does not ask for a hosting fee,” Sylt said, “but in return requires cities to provide prime positions for the race as well as assistance with the preparations and introductions to local sponsors.”<\/p>\n
Agag admitted he is trying to woo the New Jersey F1 race promoter Leo Hindery.<\/p>\n
“In New York the hospitality revenues would be huge so Hindery should put the money forward and he would recover it,” he said.<\/p>\n
\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" The new FIA-sanctioned electric single seater series Formula E could sweep in and snap up a New York street race. Series organiser Alejandro Agag told Forbes that talks with city authorities are underway. F1 has been planning a street race amid the Manhattan skyline, but the event has been repeatedly delayed, with the main problem …<\/p>\n","protected":false},"author":1,"featured_media":19399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[2120,3,4625],"tags":[4559,5262,5300,4631,5340,3344,4459,4847],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/21405"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=21405"}],"version-history":[{"count":2,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/21405\/revisions"}],"predecessor-version":[{"id":23059,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/21405\/revisions\/23059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media\/19399"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=21405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=21405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=21405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}