Press release #Electrified mobility

New sponsorship deal: Bosch named official partner of the ABB FIA Formula E Championship

  • Contract up to 2021: Bosch sponsors electrifying Formula E motor racing.
  • Bosch management board member Heyn: “Bosch electrifies the powertrain – whether on the streets or in motor racing.”
  • Passion for racing: Bosch’s history of motor racing stretches back 117 years, to its first victory with its own technology in 1901.
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Stuttgart, Germany, and Valencia, Spain – Right on time for the start of the ABB FIA Formula E Championship’s fifth season, the race series has engaged a new sponsor: for the next three years, Bosch will be an official partner of the world’s first purely electric single-seater racing series. The move underscores Bosch’s aim to be a leader in electromobility. “Bosch is the go-to partner for electric driving, a position that is now also reflected in our status as an official Formula E partner,” says Dr. Markus Heyn, a member of the board of management of Robert Bosch GmbH. The partnership with the race series covers a wide-ranging advertising collaboration at the race tracks, online, and on TV. “It’s with great pleasure that we welcome Bosch to the ABB FIA Formula E Championship as our official partner,” says Alejandro Agag, Founder & CEO of Formula E. “Bosch is one of the leading automotive suppliers and a renowned and respected name – and the move into Formula E is definitely a big step. I couldn’t think of a more natural tie-up – with Bosch’s long-standing tradition of competing in motorsport and expertise in electrification, automation and connectivity. In my mind, these pillars are key to the future of urban mobility and together with our complete roster of partners we can collectively help to speed up the switch to electric.”

Bosch is the go-to partner for electric driving, a position that is now also reflected in our status as an official Formula E partner.

Dr. Markus Heyn, a member of the board of management of Robert Bosch GmbH

Yet for Bosch, the partnership with the electric driving championship goes beyond pure sponsorship: as an official partner, the company is close to spectators and close to its customers. All the major automakers are now represented in Formula E. As Bosch joins the race series, moreover, it is continuing its own motor racing tradition: the supplier of technology and services is a long-time DTM partner as well as the source of numerous prototypes and touring vehicles for the World Endurance Championship. By moving into Formula E, the company is rounding out its activities in motor racing. “Bosch electrifies the powertrain – whether on the streets or in motor racing,” Heyn says.

It’s with great pleasure that we welcome Bosch to the ABB FIA Formula E Championship as our official partner.

Alejandro Agag, Founder & CEO of Formula E

13 races, twelve cities, five continents

With Formula E, Bosch is focusing on a race series that has a global reach, and that offers an attractive technology and marketing platform. The races are held around the world on city-center circuits. To kick off its fifth racing season on December 15, 2018, 22 electric race cars will floor it in the Saudi Arabian district of Ad Diriyah, and it is there that the Bosch logo will debut on the race track. “Vibrant cities, enthusiastic fans, and vehicles with electrifying acceleration – this emotive setting is perfect for our motor racing activities,” says Clemens K. Krebs, head of Marketing Communication for the Mobility Solutions business sector at Bosch.

Passion for racing

Hardly any other company has a corporate history that is so intertwined with motor racing: Bosch achieved its first victories with its own technology back in 1901 and 1903. Since that time, the company has also been using its racing successes in its marketing. The Bosch brand has been inseparable from the DTM championship since its return in 2000. All race cars in the touring series feature the company’s highly sophisticated technology. From 2006 to 2012, diesel and diesel-hybrid vehicles took the top spots in the legendary 24-hour Le Mans race of the World Endurance Championship – these vehicles, too, always had Bosch technology on board. With their fully electrical powertrains, Formula E race cars are virtually silent. “Regardless of what the powertrain is, motor racing is part of Bosch DNA,” Krebs says.

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 45.3 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting, and combines the group’s expertise in the domains of personalization, automation, electrification, and connectivity. For its customers, the outcome is integrated mobility solutions. The business sector’s main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrification, vehicle safety systems, driver-assistance and automated functions, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automotive aftermarket. Bosch is synonymous with important automotive innovations, such as electronic engine management, the ESP anti-skid system, and common-rail diesel technology.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.

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