McLaren to join Formula E in 2022-23 with purchase of Mercedes team

This expands the British team's reach in electric motorsport, following its decision to join the Extreme E series for this year. It had already signed an option deal to enter Formula E for the championship's ninth season, which it has completed on by purchasing the Mercedes squad.

The Formula E team will join McLaren's Formula 1 team and Arrow McLaren SP IndyCar team under the McLaren Racing umbrella.

Current Mercedes team principal Ian James will remain on board to lead the Formula E team, as the deal for Mercedes to relinquish control of the squad will be completed later in the year.

"Today's announcement confirms the next exciting chapter in the development of the team," said James.

"Since our inception in 2019, performance, sustainability and adaptability have been the keys to our success. Mercedes-Benz have been the main enablers for this team so far and when we started this journey, we could only have hoped for the results we’ve achieved to date.

"The company’s clear objectives and technological expertise accelerated our ambitions, and I would like to thank them for being the most supportive owner by helping us to do what we do best: racing. Now, once again, they have been instrumental in securing the right partner to continue our Formula E journey.

“Becoming part of the McLaren Racing family is a privilege: McLaren has always been synonymous with success and high-performance.

"This is a great moment for all parties involved but, above all, for the people that make up this team. They are what keeps its heart beating. Being able to continue working with them is what I am most excited about.

Ian James, Team Principal, Mercedes-Benz EQ

Photo by: Simon Galloway / Motorsport Images

“I'm very much looking forward for