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Agag takes on Chairman role as Formula E seeks new CEO

Formula E founder and CEO Alejandro Agag has been named Chairman of the electric series with immediate effect. The board of directors of Formula E Holdings Ltd. Gas decided to bolster its management team, with a new CEO to be appointed in the coming months. "It’s time to open a new phase in the world’s fastest-growing motorsport," said Agag on the eve of the opening round of Formula E's fifth season that takes place this weekend at Ad Diriyah in Saudi Arabia. "I’m really proud of the job we’ve done, together with the FIA, our management team, shareholders, partners and teams. "Formula E is in the best moment of its short history. As Chairman, I’ll be better...
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