McLaren Racing have signed an choice to compete within the electrical Formulation E championship from 2022-23, the Formulation One group introduced on Monday.

The British-based group will spend 2021 assessing the feasibility of becoming a member of the collection for season 9, when a lighter and extra highly effective Gen3 automobile makes its debut with sooner charging.

BMW, whose group are run by U.S.-based Andretti Motorsport, and Audi have each introduced they’re leaving the collection on the finish of this 12 months.

Formulation E, a recognised FIA-backed world championship, permits a most 12 entries.

McLaren Utilized Applied sciences is the unique battery provider of the collection till 2022, with McLaren precluded from competing till that contract expires.

“We have been carefully observing Formulation E for a while and monitoring the collection’ progress and future course,” McLaren Racing CEO Zak Brown stated in a statement.

“The chance to take an possibility on an entry, along with the completion of the McLaren Utilized provider contract… offers us the mandatory time to resolve if Formulation E is true for McLaren as a future competitors platform.”

Formulation One is introducing a funds cap this 12 months and a few groups are taking a look at shedding workers by redeploying them to different areas.

Collection founder Alejandro Agag stated in a press release: “McLaren Racing securing an possibility to hitch the Formulation E grid from Gen3 is testomony to the continuing influence of our sport.”

The seventh Formulation E season is because of begin in Saudi Arabia with evening races on Feb. 26 and 27.