Julius Baer extends commitment to electric racing


Zurich – Julius Baer will remain a global partner of the ABB FIA Formula E electric motorsport series until the 2026 season, underlining the founding member of the world championship for e-vehicles its multifaceted commitment to sustainability.

Private bank Julius Baer is continuing its partnership with the FIA Formula E World Championship until the 2026 seasons, according to a media release. Julius Baer continues to contribute to the development of the championship, which is attracting more and more fans worldwide. In addition, the extended cooperation includes title sponsorship of the Julius Baer São Paulo E-Prix 2023. The Brazilian city joins Hyderabad and Cape Town as another new venue for the ABB FIA Formula E World Championship races in 2023, he said.

As one of the founding members, Julius Baer launched the racing series for exclusively electrically powered motorsport vehicles in 2014. From the company’s point of view, Formula E stands for progress and dynamism and helps to accelerate electric mobility. “What we have in common with Formula E, apart from the pioneering spirit, is an interest in the innovations and megatrends that are shaping our future,” CEO Philipp Rickenbacher is quoted as saying. heg