Home » Market News » DirectorsTalk Highlights » Nico Rosberg: ‘At some point Formula 1 has to go all-electric’
Ilika Plc

Nico Rosberg: ‘At some point Formula 1 has to go all-electric’

Rosberg, who quit the sport immediately after clinching his first title, has turned his focus to the automobile sector, particularly electric cars and is an investor in the all-electric racing series Formula E.

The former Mercedes driver doesn’t believe it make sense for F1 to continue using petrol engines when electric power is now capable of matching the performance of an F1 car and believes it will grow on motorsport fans as it continues to evolve and develop.

“When I was a Formula 1 driver I was completely focused just on what I was doing and then when it stopped it was all gone and I had to look at the world and say, ‘what’s out there?’,” he said during a visit to the World Economic Forum in Davos.

 

Ilika plc (LON: IKA) has world class expertise in accelerated materials innovation, including in the automotive, aeronautical and electronic components sectors. Global brands such as Rolls-Royce and Toyota have long-term collaborations with Ilika. High throughput technology enables functional materials to be made, characterised and tested up to 100 times faster than traditional techniques. Robust datasets enhance intellectual property value, optimise product performance and reduce time to market, thereby maximising return on R&D investment.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.