Mahindra Racing & Pininfarina Release Concept Formula E Designs.

[20th April 2016. Paris] Mahindra Racing and Pininfarina today released three concept designs for a future Formula E racing car. These images are the product of a collaborative and creative project that offers fans a glimpse of the potential form of Formula E in the future.

The release of these images follows the recent launch of the FIA Formula E tender to design and manufacture the chassis that will be used from season five onwards. To reduce costs, all teams will use the same chassis with the powertrain and software being open to development by the individual manufacturers.

Mahindra Racing aims to stimulate and curate a conversation on the future form and next generation technology of Formula E, encouraging fans to share their thoughts on these designs on Facebook, Twitter and Instagram using the hashtag #FormulaEConcepts.

Anand Mahindra, Chairman of the Mahindra Group said: "Mahindra is a pioneer of EV technology that is always striving to push the boundaries of this exciting new form of mobility. Our participation in the Formula E championship gives us yet another platform to co-create the Future of Mobility. While these innovative designs are a creative project at this stage, I would be thrilled to see the M5Electro look like this."

Pininfarina joined the Mahindra Group in December 2015 signing an investment agreement with Tech Mahindra. With legendary high-end design credentials across many sectors, it is perhaps Pininfarina's era-defining automotive designs which most racing fans will associate with the iconic Italian design house. The H2 Speed hydrogen car concept was most recently awarded Best Concept at the 2016 Geneva Motor Show.

Chief Creative Officer of Pininfarina Fabio Filippini commented: "Formula E is one of the most exciting signs of the changes underway in the automotive world as well as in motor racing. Its success is the proof. Exercising our creativity on these sketches allowed us to imagine the evolution of this formula. A possible contribution of Pininfarina to the future development of a Formula E car would be a highly motivating challenge, fully consistent with our mission of creators and innovators in the automotive field".

About Mahindra Racing

Mahindra Racing is one of only nine teams - and the only Indian team – to compete in the FIA Formula E Championship. It is also the first and only Indian team to participate in the FIM MotoGPTM World Motorcycle Racing Championship series since 2011 and the Italian National Motorcycle Racing Championship (CIV) in 2012.

Mahindra Racing entered the second season of Formula E as one of eight manufacturers developing its own electric powertrain to power its quartet of electric racing cars. With this second generation Mahindra Racing car, the M2Electro, the team hopes to build on the success of the inaugural FIA Formula E Championship. Working together with Mahindra Reva - an electric car company whose sole aim is to develop and produce an affordable compact electric, the Mahindra Racing Formula E Team is in good hands.

The M2Electro has impressed from the beginning of the season, with Nick Heidfeld scoring a maiden podium in the opening round in Beijing. The car has also impressed with its efficiency and reliability, which has contributed to three double points finishes in the opening five rounds alone.

Mahindra is known for competing in the Moto3TM class of the MotoGPTM Championship as both a team and manufacturer. From 2015, India's first and only MotoGPTM manufacturer will concentrate on strengthening the development program of its successful Mahindra MGP3O Moto3TM racing motorcycle and will no longer run its own team. The decision to concentrate on machine development as a full-scale constructor only strengthens Mahindra’s commitment to top-level two-wheeled racing. Mahindra's bold decision to take on the world's best at the highest level of motorcycle racing has won the team a number of prestigious awards in India.

Visit us at www.mahindraracing.com

About Mahindra
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.9 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2015, Mahindra & Mahindra was recognized as the Best Company for CSR in India in a study by the Economic Times. In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world's largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times 'Boldness in Business' Award in the 'Emerging Markets' category in 2013.

Visit us at www.mahindra.com

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For enquiries please contact:

Naomi Panter,
PR & Communications Manager
Tel: +91 22 24975178
Email: naomi.panter@mahindrafe.com

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