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Why Jaguar is betting on electric vehicle racing rather than Formula 1

Summarized by: Live Sports Direct
 
Why Jaguar is betting on electric vehicle racing rather than Formula 1

The new Formula E season starts in Mexico on January 14. Jaguar finished fourth in the team contest last year. The sport got 57% of its revenue from sponsorship in 2021. Formula 1 got 16%. Formula1 got more revenue by selling tickets and merchandise. The new generation of Formula e cars can match Formula One cars for initial acceleration off the start line. However, they are still slower around a full lap of most circuits. They are not lavished with the large wings that give Formula one cars the aerodynamic downforce. Lando Norris set the fastest Formula A lap at Monaco this year in one minute and 14 seconds.

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