FIA president Jean Michel signs agreement to the series in 2014 . Electric car racing will be focused on city - center venues . From 2014 , Formula One pit lanes will have to be electric only . Brazil 's Rio de Janeiro is the first host city to sign up . Todt says new series will attract a ` ` younger audience '' to motorsport .
FIA president Jean Michel signs agreement to the series in 2014 . Electric car racing will be focused on city - center venues . Brazil 's Rio de Janeiro is the first host city to sign up . Todt says new series will attract a ` ` younger audience '' to motorsport .