Fortescue Zero purchases Team Penske for Formula E's Gen4 era
Jaguar will have a new customer team in the 2026-27 Formula E campaign as Fortescue Zero has acquired the Team Penske operation for the Gen4 era. The Australian outfit will field two Jaguar-powered cars for the upcoming season that is due to start in December, adding to the four already on the grid between the factory team and Envision. This marks the end for Penske, which joined for the ... Keep…
Fortescue Zero has acquired Team Penske for the upcoming Formula E Gen4 era, with the Australian company set to field two Jaguar-powered cars for the 2026-27 season. This marks the end of Penske's participation in the series, which began in 2014 and included various manufacturer partnerships before DS Penske left at the end of the 2025-26 season.
Fortescue Zero, known for developing groundbreaking technologies in electric racing, will now aim to compete on the track alongside Jaguar. Jaguar TCS Racing and Fortescue Zero Racing look forward to collaborating, with the latter looking to push the limits and innovate in motorsports.
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