Julius Baer, the leading Swiss private banking group, announced today that it has agreed to extend the partnership with FIA Formula E Championship until the end of the 2020/21 season.

Zurich, 11 May 2017 - Julius Baer has extended its partnership with the FIA Formula E Championship as the Global Partner of the electric street racing series until the end of the 2020/21 season. The extension demonstrates Julius Baer's continuous commitment to the world's first fully-electric single-seater racing series and its mission of pioneering innovation and promoting sustainability.

Established by the International Automobile Federation FIA, the Formula E Championship represents a vision for the future of the motor industry, showcasing the potential of sustainable power and innovative technology. Julius Baer joined the FIA Formula E Championship prior to the inaugural race in September 2014.

Boris F.J. Collardi, Chief Executive Officer at Julius Baer, commented: 'Julius Baer is very proud to continue the partnership with Formula E as the exclusive Global Partner until 2020/21. We have recognised the great potential of this novel platform right before the very first race in 2014. Visionary thinking is not only a concept at Julius Baer, we live and share it with Formula E. The renewal of the partnership highlights Julius Baer's ongoing support and commitment to Formula E and its forward-thinking and innovative approach.'

Alejandro Agag, Founder and CEO of Formula E, said: 'I am extremely happy to see Julius Baer extend their partnership with Formula E. They have been involved in the series since before the first-ever race took place, and it's fantastic news that they'll remain part of the Formula E family until at least the end of the 2020/21 season. To extend the partnership with over two years left prior to the renewal shows commitment to the concept of Formula E.'

Julius Bär Gruppe AG published this content on 11 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 May 2017 10:21:24 UTC.

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