Formula E is gaining in popularity each year and manufacturers like Jaguar, BMW and Audi have decided to take stakes in the racing series. The E.Dams-Renault team clinched the first-ever team title, beating Dragon Racing, which recently teamed up with Faraday Future, to the top spot.

In 2018, the series will drop its current format of requiring racers to swap cars during the race, limiting it to just one. All 12 cars will also feature a new chassis, which has been redesigned to improve aerodynamics and house a more powerful battery.

Mercedes-Benz is, of course, competing in Formula One with the Mercedes AMG Petronas Formula One team. The auto giant believes it can use advancements in electric racing to further the development of its futuristic zero-emission road cars: "Electrification will play a major role in the future of the automotive industry - racing has always been a technology R&D platform for the motor industry," says Toto Wolff, Head of Mercedes-Benz Motorsport. "This will make Formula E very relevant in the future."