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Jul 1, 2024

Schaeffler will partner with FG Series to help create more affordable racing

Schaeffler will partner with FG Series to help create more affordable racing

Motion Technology Company Schaeffler to supply groundbreaking electric championship FG Series in long-term deal. 

FG Series has partnered with the Motion Technology Company Schaeffler ahead of the championship’s launch in 2025.  Schaeffler have been a fixture on the international motorsport scene for decades and their wide-ranging participation has cemented them as a global player in the field of mobility worldwide. 

They are involved in numerous areas of motorsport. From the successful history as a pioneer and World Champion in FIA Formula E, to the Formula 1 Academy with Carrie Schreiner, to Formula Student. FG Series will now join their prestigious list of motorsport partners. 

Schaeffler distinguishes itself from worldwide competition through innovation, agility, and efficiency, and the company puts these strengths to good use in motorsport. Their commitment to motorsports has helped their partners to achieve new record times, victories, and titles which make them the perfect partner to help evolve FG Series’ all-electric racing technology. 

Reducing financial barriers to entry to motorsport is a key ethos for FG Series as the new championship is on a mission to make the sport more accessible and present globally. Schaeffler will supply e-mobility components like inverters and e-motors including software to make professional racing more affordable.

Talent development is also a passion for both Schaeffler and FG Series which is why the partners explore opportunities for talents to intern with the championship to increase their skills and confidence in a practical setting.  

Both parties share the ambition to bring motorsport to all corners of the globe whilst lowering the barrier to entry which is why this partnership is a great match. Their years of experience within automotive manufacturing will help FG Series have a clear road map to introduce further technology into the race car which will provide better racing and entertainment. 

This announcement comes shortly after the groundbreaking electric series revealed its race car to the world, the FG-Twin, created by automotive designer and futurist Daniel Simon. He worked closely with founders Dilbagh Gill and Nick Heidfeld to ensure the car will be a torchbearer for championing electric and accessible motorsport, two key elements in the FG Series ethos.
   

Matthias Zink, CEO Automotive Technologies at Schaeffler, said:

“Motorsport is part of Schaeffler’s DNA. And electrified powertrains have been part of our core business since 2018. The merger with Vitesco will enable us to further expand our software and electronics expertise in the powertrain. The insights that we gain in motorsport are always applied in research and development for series production. And these findings are increasingly being channelled back again. We are proud to supply the FG Series with our e-mobility components, thereby reducing the financial entry barriers for talented drivers. In general, affordable e-mobility is key for a successful green transition.”   

Dilbagh Gill, Founder and CEO of FG Series, said:

“Having Schaeffler onboard is exciting because with our combined experience we know we will have a very strong technical package. They have achieved a lot in other motorsport series – most notably becoming Formula E World Championship winning technical providers. We are happy that their experience in electric racing will aid us in our sustainable car development over the coming years.” 
   

Updates regarding development, drivers, teams, and partners will be announced in the coming months.

About FG Series:

FG Series is a global all-electric motorsports series that will race as a support series with two championship levels (FG1 and FG2), using the world’s first dual powered race car FG-Twin. FG Series' inaugural season, commencing in 2025, will feature independent regional championships, each with 10 team franchises. With the FG-Twin race car and its unique technical ability to be raced at reduced power by one driver, and then at full power by a more experienced driver, each race event will see 20 competing in the reduced-power race FG2, and 20 competing in the full powered FG1 Championship.

The five core principles encapsulate the FG Series values: Green, Groundbreaking, Good, Growth and Global. These values will prioritize sustainability within motorsport with a constant stride to generate more opportunities for talent from all aspects of the sport to flourish.

FG Series is poised to bring affordable, accessible, exciting, and competitive green energy open-wheel racing to motorsports fans around the world will be the pathway for race drivers and teams from all regions of the world to compete and perfect their professional racing skills – both on the right race tracks and in front of the right audiences. 

About Schaeffler Group:

Schaeffler Group – We pioneer motion

The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. The Motion Technology Company manufactures high-precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. The Schaeffler Group generated sales of EUR 16.3 billion in 2023. With around 83,400 employees, the Schaeffler Group is one of the world’s largest family-owned companies and one of the most innovative companies in Germany.

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