Here’s Your Chance To Buy Your Very Own Formula E Racer (Or 40)

Want to get your hands on your very own Formula E racer? Your time will come soon.

With the new, second-generation cars set to roll out at the next season’s debut race in Saudi Arabia this December, Bloomberg reports that the series organizers will be selling off the old ones.

The original SRT-01E has formed the backbone of the electric racing series since its inception in 2014. They were built by Spark Racing Technology based on a Dallara chassis, with electric motors provided by McLaren and batteries by Williams.

With 250 horsepower (190 kW) on tap, they provided for some exciting (if inaudible) racing action over the course of four seasons now. But they’re being sold off as the new cars are being introduced with a host of improvements – not the least of which will be seen in the battery capacity that will obviate the need for the mid-race car swaps that have punctuated every race to date.

“The current cars are still fit for purpose. They’ve provided us with four seasons of exciting, intense, and unpredictable racing,” Formula E chief Alejandro Agag told Bloomberg. “I know there’s a lot of interest from collectors and they could even be used for racing purposes.”

Each car is expected to sell for about $200,000-289,000 – approximately half of the €400,000 ($458k) amortized cost of each of the 40 that were purchased for €16 million ($18.2 million) four years ago. Since they’re all identical, the end price will likely reflect the achievements of the car in question. For example, the car in which Lucas di Grassi won the first race in 2014 will likely be worth more than a chassis that never won a race.

Some of the cars may be retained by the teams that campaigned them, and which have leased them from Agag’s company until now. But those that aren’t kept by their teams (or the series organizers) will be up for grabs.

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  • Shelby GT500

    Strangely, Tesla Model S P100D or Rimac Concept One are faster 0-60 than Formula E. They want to be the alternative to F1 but even 2018 car has just 340 bhp…

    • Matt

      They’re about endurance not acceleration. You use a lot of battery power doing rapid acceleration runs, which decreases range. Formula E needs to strike a balance so they can actually complete a race.

    • fabri99

      I don’t think they are trying to be an alternative to Formula 1. Performance is fit for cars to race on street circuits like those of Formula E and the series has been around for just five years. Let them develop reliability and performance and in a decade you’ll have a much better car. Gen 2 is already a big step up.

    • Like others have said, FE is not about being the fastest and those rapid accelaration consumed a lot of battery, those cars has humongous battery pack, FE meanwhile is single seater with the size of GP2 cars.

      • Shelby GT500

        I understand all that, but for me a video of Tesla destroying Corvette or Dodge Challenger Hellcat in a drag race is a way better proof of EV potential than Formula E.

  • Actually the question would be, whether the sale includes the software that runs the car, also whether the original parts manufacturer would be willing to support it.

    Also I think several teams/manufacturer will keep their cars for prosperity or marketing purpose, not to mention maybe some drivers/team owner wants to keep some for themselves.

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