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Formula E expects to be the only viable motorsport series left by 2040

Formula E chief Alejandro Agag believes Formula E could be the only viable motorsport series left by 2040, overtaking Formula One in the process.

The all-electric championship is currently in its fourth season of racing around street circuits at major world-wide city locations, and continues to go from strength to strength as electrification production increases on the road with global companies keen to embrace greener and more sustainable routes for the future.

Major car manufacturers including the likes of Renault, Audi and Jaguar Land Rover already compete in the series, while German giants Porsche and Mercedes have revealed plans to join the Formula E grid in the coming years.