The ABB FIA Formula E Championship could be granted full World Championship status for its 2019-20 season, e-racing365 has learned.
Plans to apply for the status have become more serious in recent months with manufacturers and teams having been recently informed that a formal proposal could be submitted early next year.
World Championship status is granted to series that can evidence they race on multiple continents and Formula E will compete in Europe, Asia, Africa, North America and South America in the upcoming season.
A formal submission must also be given to the FIA World Motorsport Council which sits, considers and votes on such a proposal.
Formula E founder and CEO Alejandro Agag told e-racing365 last month that World Championship status was “a future possibility, but not currently not a massive priority.”
“I think there is a desire from some but it is not at the top of the agenda at the moment really,” he said.
Now though, the desirability seems to have escalated for the all-electric championship which has attracted multiple manufacturers and high-profile global brands as partners in recent seasons.
The commercial element of becoming a World Championship is known to be a significant amount for manufacturers, with customer teams paying significantly less for the World Championship status to be formalized.
NIO team principal Gerry Hughes believes that “careful thought and discussion” is needed regarding the possible elevation to World Championship standing.
“Clearly there is a cost to the competitors and the promoter associated with it going from what it is today to going full World Championship status,” Hughes told e-racing365.
“I think it would be great for Formula E as a championship to be known as a World Championship, but to increase the entry costs to our governing body needs some careful thought and discussion.”
The FIA’s current World Championships are the FIA Formula 1 World Championship, FIA World Rally Championship, FIA World Rallycross Championship and FIA World Endurance Championship.