Porsche moves closer to Formula E after Monaco meeting

Porsche is moving closer to a future in the FIA Formula E Championship following a meeting between key personnel of the German marque and series boss Alejandro Agag in Monaco.

Porsche moves closer to Formula E after Monaco meeting

The senior figures that met Agag during last month’s Monaco ePrix were Porsche CEO Oliver Blume, Porsche board member Michael Steiner and Andreas Seidl, the current team principal and technical boss of the Weissach marque’s LMP1 team.

Formula E is known to be firmly on Porsche’s future motorsport strategy radar, and an entry as soon as season five in 2018-19 could be made a reality.

Porsche has long since been linked to a potential Formula E campaign, with Motorsport.com revealing its interest in the all-electric series and in particular its battery deal last September.

In addition to the Monaco meeting, further Porsche staff members attended the Berlin ePrix last weekend to talk about additional parameters for an entry in the near future.

"We received an invitation [to Monaco] from Alejandro Agag to have a look and experience Formula E for the first time,” Seidl told Motorsport.com at Le Mans.

“We just had an invitation to an interesting series, though maybe there are not enough technical freedoms yet.”

Like many manufacturers, Porsche has been monitoring Formula E carefully, especially since the second season in 2015/16.

The likelihood of a direct involvement is believed to have accelerated in recent months, ever since it was confirmed that Formula E would stick to its plan to switch to one-car races in season five.

Last year, Porsche showed significant interest in the spec battery tender, which will see the series do away with the current two-car format in races from 2018/19.

McLaren Applied Technologies won the tender, which will be delivered in conjunction with the US-based Lucid Motors company, which specialises in automotive battery technology.

Porsche refutes LMP1 quit reports

Recent reports in German magazine Motorsport Aktuell have suggested that Porsche’s current LMP1 programme could be curtailed at the end of the 2017 season.

Porsche's initial project in the FIA World Endurance Championship was for five years, with three seasons of racing covering 2014-16 after two initial test and development years.

This was extended to cover 2017 and ‘18 in August of 2015, and Seidl insisted there was “no news” from the board when asked by Motorsport.com, saying Porsche remains “committed”.

A final decision on the German manufacturer’s future is expected to be made public later this year.

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