- ABB FIA Formula E World Championship opens applications for its Season 11 Better Futures Fund
- Building on its world-leading sustainability credentials benefitting both people and planet
- Every race market for Season 11 will benefit from a €25,000 charitable donation, increasing the fund total to €275,000 from last season’s €100,000
- The Better Futures Fund will continue to play a key role in Formula E’s Formula Equity social impact strategy, focused on tackling social inequalities and nurturing diverse communities within host cities
- Charities can now apply for funding from the Better Futures Fund here with more information available here
- 2024/25 ABB FIA Formula E Better Future Fund Application Deadline for Jeddah-based Charities is Monday October 14th
LONDON, UK. Wednesday 25th September. 2024 – Formula E has today launched the application process for its flagship charitable support programme – the Better Futures Fund – providing direct support to local impact projects and causes across all race locations in Season 11.
Launched during Season 10, the Better Futures Fund was created to build on the positive legacy Formula E leaves behind in host cities, maintaining the world-leading sustainability standards that the ABB FIA Formula E World Championship sets across the sporting and sustainability sectors.
With the goal of accelerating sustainable human progress through the power of electric racing, the Fund empowers and supports communities via impactful initiatives that will leave a legacy well beyond race weekends through funding (€25,000 per city), awareness, engagement with Formula E.
Focusing on initiatives aligned to Formula E’s purpose and sustainability strategy delivering environmental and social impact, the Better Futures Fund is designed to leave a significant tangible impact all year round, far beyond each scheduled race week.
The Fund plays a pivotal role in the series’ social impact strategy – Formula Equity – that tackles social inequalities and nurtures resilient and diverse communities where races take place. This focus is aligned to Formula E’s wider commitment to diversity, equity & inclusion, both internally and externally.
Announced towards the end of Season 10 ahead of the 2024 Berlin E-Prix in May, the fund was rolled out in all remaining Season 10 host cities (Shanghai, Portland, London) with the funding enabling a projected impact of 13,520 people within those local communities.
For Season 11, the Fund will focus on:
- Empowering underserved communities in race locations, to tackle social inequalities
- Environmental protection, prioritising nature and air quality in urban environments
- Community engagement with the transition to more sustainable lifestyles
Alongside the funding itself, Formula E is committing to working with each charity holistically, providing awareness of the causes, engaging directly with the organisation and offering volunteer support while in the city. Organisations will also be included within Formula E’s wider sustainability strategy, including hosting representatives at track and introducing them to the wider Formula E ecosystem as part of the series’ Inspiration Hour held every race week, to engage local communities with Formula E’s races.
Charity Application Process
- 1) Expression of Interest: Charities will need to complete an expression of interesting form by the deadline in their market
- 2) Review & Shortlisting: Formula E reviews all submissions and creates a shortlist based on alignment with the fund’s impact themes and mission
- 3) Full Proposal Submission: Shortlisted organisations are invited to submit a full funding proposal
- 4) Final Selection: The selection panel will review full proposals received against funding criteria and select one cause per city
Julia Pallé, VP Sustainability at Formula E, said: “We’re delighted to be expanding our Better Futures Fund to all cities this upcoming season, following the immediate and lasting impact it has created in four race markets in Season 10, benefitting more than 13,500 people. Our mission as a championship is not just to leave each location where we race better off, but for our impact to have meaningful, measurable and lasting benefits. We recognise that underserved and more diverse communities are often most affected by climate change, so by supporting charities and projects that focus on environmental protection and improving air quality we can help those most in need.”
ENDS
2024/25 ABB FIA Formula E Better Future Fund Application Deadline for Jeddah-based Charities is Monday October 14th.
| City | Expression Interest Deadline |
| Sao Paulo, Brazil Mexico City, Mexico | Monday 30th September |
| Jeddah, Saudi Arabia Miami, USA Tokyo, Japan | Monday 14th October |
| Monaco Shanghai, China Jakarta, Indonesia Berlin, Germany London, UK | Monday 4th November |
The 2025 Jeddah E-Prix will take place on a modified version of the iconic Corniche Short Circuit on 14-15 February 2025, set against the stunning Red Sea coastline.
This move follows six successful seasons racing in Diriyah and marks an exciting new chapter in Formula E’s history since its inaugural race in Saudi Arabia in Season 5. The shift to Jeddah reflects Formula E’s commitment to innovation and sustainability and aligns with Saudi Arabia’s vision for the future of sports in the Kingdom.
The Jeddah E-Prix will offer an exhilarating race experience on a modified layout of the fast and flowing Corniche Street Circuit, contributing to the growth of motorsport in the region. With its breathtaking Red Sea backdrop, the 2025 Jeddah E-Prix promises an unforgettable experience for fans and competitors alike.
———————————————————————————————————————
About Formula E and the ABB FIA Formula E World Championship:
As the world’s first all-electric FIA World Championship and the only sport certified net zero carbon since inception, the ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world’s most iconic cities providing an elite motorsport platform for the world’s leading automotive manufacturers to accelerate electric vehicle innovation.
The Formula E network of teams, manufacturers, partners, broadcasters, and host cities are united by a passion for the sport and belief in its potential to accelerate sustainable human progress and create a better future for people and planet.
www.FIAFormulaE.com
About ABB:
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com
