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The White Wire

Development and Investment news from the most effective Commercial Property Consultants along the London to Birmingham M40 motorway

Andretti Formula E Race to New Premises in Banbury

12 March 2019

Andretti Autosport, symbolic with the world of speed and motorsport innovation, have relocated their UK based Andretti Formula E team operations from Donnington Park in Leicestershire to Banbury, Oxfordshire, in the heart of the motorsport valley. The ABB FIA Formula E Championship, is a class of auto racing that uses only electric-powered cars. The series was conceived in 2011, and the inaugural championship started in Beijing in September 2014. The series is currently in its fifth season.

Andretti, headquartered in Indianapolis, Indiana, USA, are involved in a number of motorsport series including the NTT IndyCar Series, FIA Formula E Championship and the four-time U.S. rallycross championship team Andretti Rallycross. The team is headed and owned by former CART Series Champion Michael Andretti and has strong ties to several OEMs including BMW, Honda and Volkswagen.

Andretti Formula E have taken a unit on the Thorpe Way Industrial Estate, an 11,000 sq ft site which will provide them with modern quality facilities where they will operate their Formula E programme. The company will benefit greatly from the pool of talented and skilled workforce present within the region and the Silverstone technology cluster.

JF Thormann, President of Andretti Autosport says “We’re thrilled to be relocating to Banbury for our Formula E team operations. The people at White Commercial Property Consultants were instrumental in helping us find the perfect location, and we thank them for their support in our transition. We look forward to meeting many of the local businesses and becoming part of the community.”

Harvey White, Commercial Property Negotiator at White Commercial Surveyors says “We are seeing a great deal of occupiers in the automotive industry relocate to the region currently. From those dealing in artificial intelligence, robotics, competition racing teams; both traditional and electric, as well as haulage businesses and various part manufacturers. The quite apparent, symbiotic nature of the region has been further reinforced by Andretti’s acquisition of this excellent facility in Banbury.”

Chris White

Managing Director

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Harvey White

Commercial Property Advisor

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