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Formula E is a motorport racing competition, called the ABB FIA Formula E Championship, for electric-powered single seater cars. The ABB FIA Formula E Championship has 24 cars, 24 drivers, and 12 teams that participate. The 12 teams of the ABB FIA Formula E Championship are: AUDI SPORT ABT SCHAEFFLER (Germany), BMW i ANDRETTI MOTORSPORT (United States), DS TECHEETAH (China), ENVISION VIRGIN RACING (England), GEOX DRAGON (United Staes), MAHINDRA RACING (India), MERCEDES-BENZ EQ (Germany), NIO FORMULA E TEAM (England), NISSAN E.DAMS (Japan), PANASONIC JAGUAR RACING (England), TAG HEUER PORSCHE FE TEAM (Germany), and VENTURI FORMULA E TEAM (Monaco). The ABB FIA Formula E Championship offers participants two awards furing their 7 month racing championship, one award is given to the best individual driver, and the other award is given to the best performing team
The Formula E title partner is ABB, the Formula E global partner is Julius Bar, and the technical partner of Formula E is Michelin. Official partners of Formula E are: Saudia, Allainz, Bosch, Heineken, Enel X, Hugo Boss, Modis, Antofagasta Minerals, Tag Heuer, DHL and BMW.