Wednesday 30th of September 2020

Ferratum Team will continue in Projekt E when the series resumes in Belgium and Germany, the team having now taken delivery of the STARD Ford Fiesta ERX raced by Janis Baumanis in Riga. The Projekt E car will be run in addition to the team’s World RX Supercar raced in the first six FIA World Rallycross Championship events by Jani Paasonen.

The driver or drivers of the car for the remaining two Projekt E rounds will be revealed closer to the events but Ferratum Team has already been busy with the car, running it for promotional days with clients in Latvia and in Finland. 

Ferratum is also developing targeted financing solutions aimed to help teams overcome the hurdles connected to initial investments required to setup or changeover to all-electric racing activity.

"Everybody appreciates the cost efficient and simple technical concept. The option of a financing solution for a brand new powertrain kit or full car, boosts this even more. Running costs of Projekt E car are around 60% less than a petrol-engined car. Such a financing solution makes a lot of sense in mid-to-long-term view for a team,” said STARD CEO Michael Sakowicz.

Projekt E cars have been used in National Championship events in Austria, Hungary and Norway this year by STARD and clients. They are also now approved for use in Italy with a handful of other ASNs currently in discussion to permit the cars to compete at national level

Projekt E is an FIA approved International Series. It is the first all-electric series in rallycross and is pioneering connections with manufacturer customer racing programmes through Ford Performance and Citroen Racing. All cars in the series use the all-electric three-motor, 450kW, 1000Nm REVelution powertrain developed by STARD.

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