Fortescue Zero acquires Team Penske ahead of Formula E's Gen4 season

2 sources1 min read • Latest: Sep 18, 2026, 10:03 AM

Last updated Sep 18, 2026

Fortescue Zero acquires Team Penske ahead of Formula E's Gen4 season
Summary

Fortescue Zero has officially acquired Team Penske's operation as it prepares for the 2026-27 Formula E season. The Australian team will run two Jaguar-powered cars, joining the existing four on the grid from the factory team and Envision. This development signals the conclusion of Penske’s participation in Formula E, as the new season is set to commence in December. The move expands Jaguar’s presence in the series, reinforcing the brand's competitive.

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Key Details
  • Fortescue Zero acquires Team Penske operation for Formula E.
  • Jaguar will supply cars for the upcoming season.
  • New season begins in December 2026.
  • Fortescue Zero adds two Jaguar-powered entries to the grid.
  • This marks the end of Penske's involvement in Formula E.
Latest Updates
  • 10:03 AMAutosportFortescue Zero purchases Team Penske for Formula E's Gen4 era
  • 10:00 AMMotorsport.comFortescue Zero purchases Team Penske for Formula E's Gen4 era
What they're saying
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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

"

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

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