Formula 1 will never go electric, says Domenicali

20 February 2023 - 07:54 By Antonio Vanuzzo
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Formula 1 “will never switch to electric", said Stefano Domenicali, president and CEO of the motor sport group.
Formula 1 “will never switch to electric", said Stefano Domenicali, president and CEO of the motor sport group.
Image: Dia Dipasupil/Getty Images

Formula 1 “will never switch to electric”, Stefano Domenicali, president and CEO of the motor sport group, said in an interview published by Italian newspaper Il Sole 24 Ore on Sunday.

To help lower emissions, F1 is developing a zero-emission petrol that “could also be used by planes and vessels”, Domenicali said. 

The successor of Bernie Ecclestone criticised politicians for setting impossible energy transition targets and for having an ideological approach to electric, which has become “an indisputable dogma”.

“It’s possible to reach zero emissions without changing engines or throwing away existing cars,” Domenicali told the newspaper.

Last week the European Parliament signed off on a deal reached with member states last year that requires automakers to reach a zero-emission target by 2035 and cut pollution levels by 55% this decade.

Acquired in 2017 by US-based Liberty Media in a $4.4bn (roughly R79,423,080,000) deal, Formula 1 has embarked under Domenicali on a plan to both expand its popularity and its geographical reach, especially in the US.

More stories like this are available on bloomberg.com


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