DS Techeetah set to exit Formula E

All-electric series appears to confirm only 11 teams competing in 2023.

DS Techeetah set to exit Formula E

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  • Long-term partner DS Automobiles is set to move over to Penske Autosport from next season
  • Founding Formula E partner Julius Baer has also been announced as São Paulo title sponsor

Formula E appears to have confirmed DS Techeetah's exit from the all-electric series by stating only 11 teams will compete next season.

While there has been no official announcement from either the series or the team, Formula E has revealed there will be one fewer team from 2023. 

Techeetah entered the series in 2016, and became known as DS Techeetah in 2018 following a powertrain partnership with DS Automobiles.

Earlier this season, DS Automobiles confirmed it was parting ways with the Shanghai-based team at the end of 2022 to join up with the Penske Autosport team.

Rumours have swirled about the future of DS Techeetah all season and this appears to confirm that they have been unsuccessful in securing a replacement to continue.

The information was unveiled in a release announcing Julius Baer as title sponsor of the inaugural São Paulo round, which will take place on 25th March at the Sambadrome, just one month after the world famous São Paulo carnival happens at the same venue.

“We cannot wait to race in the vibrant city of São Paulo, thanks to the help and vision of the São Paulo City Council,” said Alberto Longo, co-founder and chief championship officer of Formula E.

“Together we will bring an electric carnival of motorsport to São Paulo where we will showcase the pinnacle of electric racing and innovation – our Gen3 car – around the local streets and infamous Sambadrome venue for the passionate Brazilian fans.”

Ricardo Nunes, mayor of São Paulo, added: “The city of São Paulo hosts thousands of cultural, sporting and business events every year and having Formula E on our calendar is a source of pride and celebration.

“A race with exclusively electric vehicles also meets our Goals Program, which has the Sustainable Development Goals as a design and execution premise in each of its 77 points.”