On September 16, all-electric racing series anunced that Former Manchester United Commercial Director Jamie Reigle will take position of Formula E’s Chief Executive from Alejandro Agag with immediate effect. Jamie Reigle, 42-year old Canian has held several positions in past. He was executive vice-president of NFL franchise’s business operations from Los Angeles Rams. His expertise comes from deces of experience at Premier League club and taking responsibility of global commercial operations. 

Alejandro Agag new Formula E. chairman

Chief Executive and founder of Formula E. Agag will take position of Chairman. He is currently heing an Extreme E series, which is due to launch in 2021. Extreme E. series will enlighten people about climate change and will display electric SUVs. FIA has approved of upcoming Championship with commencement of sixth season in vember. grand opening race will be held in Saudi Arabia.

Formula E. in a statement given to international media stated that “Reigle will oversee overall manment of company, day-to-day operations and delivery of ambitious plans for growth on a global scale.”

RE | WWE Clash Of Champions: Seth Truly Creates 'Hell In A Cell' For Braun

Jamie Reigle, new CEO of Formula E.

Reigle was appointed as United’s Hong Kong-based Asia Pacific Managing Director. He has experience working in different countries which ds to his vant. Canian has served in rth America, Europe, and Asia. In 2017, he joined LA Rams. Agag, who is a Spanish native said in his interview that, “With his dition to our existing Executive Team, we have an incredibly strong line-up to continue building and developing Formula E through our next growth cycle.”

RE | Michael Schumacher Update: Formula 1 Legend In Paris For Cell rapy

Formula E. makes 50% profit

Last week, Formula E. reported its revenues, profits making, and its record audience figures. Formula one empire presented its gratitude to its sponsorship growth. According to statistics presented by m, city-based series marked a 50% increase in revenue growth to more than 200 million euros which are roughly $221.32 million last season. report highlighted major shareholders which were Liberty Global and Discovery Communications.

RE | CWG 2022 | Shooter Heena Sidhu And National Rifle Association Back IOA's Call To Boycott Event Over n-inclusion Of Shooting

RE | Kimi Raikonnen To Leave Ferrari, Join Sauber At End Of 2018 F1 Season