HWA has launched its debut ABB FIA Formula E Championship program which will race under the HWA Racelab banner with Gary Paffett the first confirmed driver.
The Affalterbach-based company revealed its livery and team structure alongside confirming Paffett at a launch event on Monday afternoon.
It will run a pair of customer Venturi VFE-05s for Paffett and his currently unconfirmed teammate, who could be current Formula 1 driver Stoffel Vandoorne.
Ulrich Fritz will serve as team principal with HWA CEO and long-time DTM team principal Franco Chiocchetti as head of Formula E operations.
Martin Marx has been signed as the team’s director of track operations, meanwhile.
“The team name HWA Racelab bundles the DNA of HWA AG,” explained Fritz.
“Since the company was founded in 1998, our core area of expertize has been developing, researching and running cars in motor racing.
“In order to compete successfully in the ABB FIA Formula E Championship, the focus on, and confidence in, these areas of expertize will be particularly important.”
The team will base its program at its new headquarters in Affalterbach, near Stuttgart, operating out of a new workshop designed specifically for the Formula E project.
DTM Title Contender Paffett Confirmed
Paffett will make his Formula E debut after a strong season in DTM in which he could be crowned champion at the Hockenheimring this weekend.
He has driven Mercedes cars in DTM since 2003, winning the title in 2005 and finishing runner-up in four seasons.
He got his first experience of Formula E at the Marrakesh rookie test in January.
“I am really excited about driving for HWA in the fifth season of Formula E,” the Brit said. “This is basically the first time for 15 years that I will have switched series and cars.
“It will be a major challenge – for me, and for the team. Most of them – like me – are moving over from the DTM. As such, we have a lot to learn.
“It will certainly not be easy at first, but we are ready and are all looking forward to it. Formula E is a very promising series with great prospects.”