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Saudi fund partners with Formula E, Extreme E to develop electric motorsport

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Saudi fund partners with Formula E, Extreme E to develop electric motorsport

By Dominik Wilde - Jan 22, 2024, 1:00 PM ET

Saudi Arabia’s Public Investment Fund (PIF) has partnered with Formula E, Extreme E, and the new E1 electric powerboat racing series as part of its new Electric 360 program to support the growth of electric motorsport.The multi-year agreement is the first of its kind and is aimed at pushing innovation...

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