The spread of Coronavirus COVID-19 is affecting the movement of people around the people and hence a lot of industries are taking a negative hit, including automobile manufacturing and motorsports. Several grand prix events have been either postponed or cancelled for premier class MotoGP and Formula 1. Now. It has been announced that all races of the Formula E calendar have been suspended for the next two months. Mahindra Racing shares an update with regards to the current status of Season 6.
“We are in full support of Formula E’s decision to temporarily suspend the season. With the World Health Organisation declaring COVID-19 a pandemic, the world is facing an extraordinary challenge, and it is up to all of us to be responsible. In addition to Formula E’s decision, as an organisation we are also taking measures to protect our workforce. The most important thing at the moment is the consideration of the health and safety of the people in our ecosystem; from our staff to the wider championship workforce, our partners and suppliers and our fans,” Dilbagh Gill, Mahindra Racing Team Principal and CEO, said.
FE has implemented a ‘flag system’ to identify the different phases and time windows for forthcoming races:
RED FLAG: March/April No races
YELLOW FLAG: May Opportunity open
GREEN FLAG: June/July Races to take place as planned (should situation improve/stabilise)
To confirm, the upcoming races in Rome, Paris, Seoul, and Jakarta will not take place on the originally scheduled dates. The races in Berlin, New York, and London remain unaffected. In terms of completing the race calendar following the suspension, all options are being considered, including rearranged dates, new venues and making existing races into double-headers.
FE has also stated that they may look to extend the season up to the weekend of the 8/9 August. Whilst every effort will be made to ensure the current season is successfully completed, FE also wants to minimise the impact on Season 7, with the Official Valencia Pre-Season Test currently scheduled to take place the week of 12-16 October.
In a statement issued by Formula E, the series’ founder and chairman, Alejandro Agag said, “Right now is the time to take responsible actions and this is why we have decided to temporarily suspend the season and move forward with introducing measures to freeze races from taking place over the next two months. Motorsport plays a major part in our lives and it is important, but what is more important is the health and safety of our staff, fans and their families, as well as citizens in the cities we race. The ABB FIA Formula E Championship will be back in full force, once the ongoing health crisis and spread of COVID-19 has subsided.”
Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.