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Fortescue Zero purchases Team Penske for Formula E's Gen4 era

Fortescue Zero will run two Jaguar-powered cars as the Penske name leaves the grid and Formula E expands to 22 entries.

Summary by Motorsport
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 reading

7 Articles

The Season 13 of the Formula E will be decidedly that of the novelty. In addition to the much expected arrival of the GEN4, the new iteration of the single-seater...

With Fortescue Zero Racing, a new team joins the starter field of Formula E. Rennstall takes over shares of Penske. Jaguar upgrades against Porsche.

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RACER broke the news on Thursday, September 17, 2026.
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