Hydrogen driving motorsports towards sustainability

© Extreme E

Worth $5.11bn in 2022 and projected to reach a valuation of $7.47bn by 2028, the motorsports industry is in race to reduce its emissions and secure its future – with hydrogen’s role increasingly edging to the forefront of plans.

he pinnacle of motorsports, Formula 1 (F1), amassed an average viewership of 1.11 million per race in the 2023 season, whilst the viewing figures for the first 12 races of the 2023 season in MotoGP saw a 20% audience increase from 2022, proving the scale of the motorsports market.

In 2019, F1 launched its Net Zero Carbon by 2030 initiative, after an extensive report into the championship’s environmental impact found it was responsible for generating 256,000 tonnes of carbon dioxide (CO2) emissions during the 2019 season.

F1’s governing body, the Federation Internationale de I’Automobile (FIA), established seven new engine regulations from 2026, such as F1 power units running on fully sustainable fuels, which has been researched and tested by the organisation and its partner ARAMCO.

Electric off-road racing competition, Extreme E, signed a non-binding Memorandum of Understanding (MoU) with the FIA in August (2023), with intentions to establish the first hydrogen-powered racing world championship, Extreme H…

Click here to keep reading.



Source link