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Alejandro Agag is CEO of Formula E Holdings – a new FIA backed global motor racing Championship
using cars powered solely by electricity, launched in September 2014. Born in Madrid in 1970,
Alejandro Agag enjoyed an international upbringing in Madrid, Paris and New York, gaining fluency
in English, Spanish, French and Italian.
In 2012, Agag together with his business partner Enrique Bañuelos, a London-based real estate entrepreneur, created Formula E Holdings Ltd. After a period of negotiation, the company signed an agreement with the FIA to exclusively promote the new FIA Formula E Championship featuring racing cars powered solely by electricity. Agag’s motor racing and business credentials earned him the position of CEO of Formula E. The clean energy Championship debuting in 2014 will be held in the heart of global cities, where environmental concerns and rapid urban growth are calling for urgent clean mobility solutions. Agag sees the research and development of electric racing cars as a catalyst for the development of tomorrow’s clean city cars. With over a decade of motorsports experience and years of shaping global and social issues as a politician, Agag is determined to revolutionize the world of clean mobility on the racetrack, city streets and consumer markets. With a passion for technological innovation and a proven skill for turning things around - his biggest challenge yet will be to leave a legacy of clean mobility innovation in our 21st Century racetracks and cities.