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Porsche confirmed that it has already taken the first steps towards developing its own Formula E car.
Porsches' entry into Formula E will also bring down the curtain on its participation in LMP1 class at the WEC, Porsche's decision to quit LMP1 class is less than a year after sister brand Audi's departure leaves Toyota as the only manufacturer potentially committed for 2018.
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Overall, its the right time for Porsche to jump into Formula E with their electric technology. Leaving the LMP1 class in WEC (although remaining in GTE Pro class) is a sad news to here, meaning an end of winning of the 24 Hours of Le Mans which is at nineteen wins overall.
With the recent news of Mercedes joining Formula E in 2019 alone with Porshce, and BMW entering the series in 2018, while Audi will have fully works entry next season. Meaning there is four big German brands coming into Formula E in the years to come.
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