BMW Motorsport announced on Wednesday that they will end their involvement in the ABB FIA Formula E world championship at the end of season seven which gets underway next month in Santiago.
The news comes just days after Audi announced that they too will leave the ABB FIA Formula E world championship at the end of season seven.
In a statement released on Wednesday, BMW said:
The same engineers who develop the drivetrains for electric production vehicles are also responsible for the drivetrains in the race cars. Examples of the successful transfer of technology between the Formula E project and production development include new findings regarding energy management and energy efficiency, the transfer of software for power electronics from racing to production, and an improvement in the power density of the e-motors.
When it comes to the development of e-drivetrains, BMW Group has essentially exhausted the opportunities for this form of technology transfer in the competitive environment of Formula E.
Furthermore, the strategic focus of BMW Group is shifting within the field of e-mobility. In the future, greater emphasis will be placed on the comprehensive scaling of the offering and global production. BMW Group plans to have put one million electric vehicles on the roads by the end of 2021. The goal is to increase this figure to seven million by 2030, of which two-thirds will be fully-electric.
Since entering a works team in Season 5, BMW i Andretti Motorsport has claimed four victories, four pole positions and nine podiums in its 24 races so far. In the coming season, the team will do everything it can to achieve as much sporting success on the track as possible with the BMW iFE.21 and drivers Maximilian Günther (GER) and Jake Dennis (GBR).