Officer Puts Blame on KTR in Formula e-Racing Case

Formula E Jakarta podium changes two weeks later after appeal win

Sebastien Buemi has been reinstated as the third place finisher in the recent Jakarta E-Prix after his penalty for what was deemed to be a collision with Edoardo Mortara’s Mahindra was rescinded.In a rare successful appeal, which came via an initial petition for review earlier this week, Buemi's Envision team provided additional camera footage and rationale of the incident to get the five-second penalty, which dropped Buemi from third to eighth …

Formula E losses nearly double to €78.3m in 2023/24 - BlackBook Motorsport

Formula E saw its pre-tax losses nearly double to €78.3 million (US$92.2 million) in its financial year ending 30th September 2024. Confirmed: Losses grew by 87.4 per cent year-over-year (YoY) from €41.8 million (US$49.2 million) in 2023 Revenue fell by 13.7 per cent to €189.6 million (US$223.3 million) Cost of sales was largely flat at €202.1 million (US$238 million) Context: The decrease in revenue was attributed primarily to the reduced numb…

Officer Puts Blame on KTR in Formula e-Racing Case

IAS officer Arvind Kumar appeared before ACB in Formula e-Racing case. The ACB questioned Arvind Kumar following a statement by ex minister KTR on June 16. Arvind Kumar is A2 in the case and KTR is A1. Arvind Kumar made some interesting statements during the inquiry. He pointed finger at KTR saying the funds were […] The post Officer Puts Blame on KTR in Formula e-Racing Case appeared first on M9.news.