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Formula E: American firm set to take over ERT Formula E outfit

F1 Grand Prix, GP Mexico, Autódromo Hermanos Rodriguez Investment firm, the Forest Road Company has announced the it has acquired ERT Formula E Team which will be rebranded as Kiro Race Co and will race under an American license while maintaining Silverstone operations. The Forest Road Company, a Los Angeles-based investment firm has acquired 100% of the ERT Formula E team, the company has now announced. As part of the takeover, the team will be rebranded as Kiro Race Co and ahead of Season 11 of the Formula E World Championship 'with a change in ownership and vision, marking a new chapter in its history.' Forest Road brings a wealth of experience investing, operating and advising in...
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4w ago from F1Technical.net 0
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