Electric car racing body invites charities to bid for more than £200,000 in grants

The organisers of the Formula E World Championship for electric cars is inviting charities to bid for grants through its Better Futures Fund.

A total of £229,000 is being made available, with £20,000 available for a charity in each location the global championship takes place.

This sum is an increase on last year’s total inaugural funding pot of £83,000 which supported good causes in four cities to host a race.

Its Better Future Fund is part of Formula E’s social impact strategy, called Formula Equity, to take social inequalities and support diverse communities in cities hosting its races.

This year’s funding pot will also be used for charities involved in protecting the environment, improving air quality in urban areas and helping communities become more sustainable.

Rolling deadlines for expression of interest have been set, including a date of November 4 for charities in London, Jakarta, Berlin and Shanghai.

“We’re delighted to be expanding our Better Futures Fund to all cities this upcoming season, following the immediate and lasting impact it has created in four race markets…benefitting more than 13,500 people,” said Formula E vice president of sustainability Julia Pallei.

“Our mission as a championship is not just to leave each location where we race better off, but for our impact to have meaningful, measurable and lasting benefits.

“We recognise that underserved and more diverse communities are often most affected by climate change, so by supporting charities and projects that focus on environmental protection and improving air quality we can help those most in need.”



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