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Former Manchester United chief confirmed as Formula E CEO

Former Manchester United chief confirmed as Formula E CEO

Formula E has confirmed former Manchester United commercial director Jamie Reigle will replace Alejandro Agag as CEO.

Canadian Reigle's most recent job was Executive Vice-President of Business Operations at the Los Angeles Rams, who reached the Super Bowl earlier this year.

Under Reigle, Manchester United's popularity in Asia soared, while he played crucial roles in attracting massive sponsorship deals with Adidas and Chevrolet.

Formula E's status has similarly been on the rise and the all-electric series recently revealed revenues of $200million.

FE will be boosted by the arrivals of Porsche and Mercedes for its sixth season, as well as a new race in Seoul, South Korea and the return of a race in the United Kingdom, which will serve as the season finale next July.

A new CEO has been sought since former chief Agag switched his role to chairman.

"I'm delighted and honoured to be charged with leading Formula E through its next phase of development," said Reigle.

"I've followed the championship from inception and admired the global sports platform Alejandro and his team have created in short order.

"I'm eager to plug in and work with Alejandro to continue to develop Formula E as the most exciting series in motorsport and a platform for the potential of the future of electric vehicles and sustainable mobility."

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