British luxury brand Jaguar has unveiled its new electric motorsport future – revealing its Formula E team’s official name, vision, title sponsor, driver line-up and electric racing livery.

From this October, Panasonic Jaguar Racing will compete in the third FIA Formula E season with the first all-electric Jaguar racing car in history: the I-Type 1, said a statement from the company.

At the launch event at the Jaguar Collections Centre, the new I-Type 1 made a dramatic debut driven by the team’s official reserve driver Ho-Pin Tung and outlining the brand's commitment to ‘Race To Innovate.’

Additionally, Jaguar revealed an exciting race driver line-up with Adam Carroll and Mitch Evans confirmed to drive the I-Type 1 in the team’s inaugural season. This driver line up will spearhead Jaguar’s return to top-level racing, it stated.

Jaguar detailed its partnership with Panasonic that will see the leading electronics and automotive technology company partner with the Jaguar Racing Formula E team to develop a future that promises to push the boundaries of electric technology in a performance environment.

Gerd Mäuser, chairman of Panasonic Jaguar Racing, said: “Today marks a new chapter in the history of Jaguar Racing. As the first premium car manufacturer in Formula E we are proud to be back in top-level motorsport.”

“The future is changing and we’re part of that change. We can’t wait to begin racing competitively in inner city locations inspiring a whole new generation of Jaguar Racing fans to join us on this exciting journey. Formula E is the perfect platform to inspire the next generation,” stated Mauser.

Jaguar said this year Lear Corporation will be joining the team as an official team partner.

Jaguar Land Rover employs 9,000 engineers and is Britain’s largest research and development investor across any business sector, it said.

Nick Rogers, executive Director, Product Engineering at Jaguar Land Rover, underlined the important role Formula E will play in developing next generation electric vehicle technology and the importance of electric vehicles in the company’s future product portfolio.  

"Over the next five years we will see more changes in the automotive world than in the last three decades," stated Rogers.

The Panasonic Jaguar Racing team has successfully completed 21 days of testing including the last Formula E public test, which finished at Donington Park Circuit recently.

“The championship will enable us to engineer and test our advanced technologies under extreme performance conditions. We will apply this vital knowledge as part of our real world development,” he added.-TradeArabia News Service