Amlin Andretti Brings Formula E Racing to Consumer

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Amlin Andretti Brings Formula E Racing to Consumer Electronics Show

Racing Legend Michael Andretti Partners with Amlin PLC to Showcase  Current and Future Innovations in Electric Vehicle Technology;  Driverless ROBORACE Steers Discussion on Autonomous Driving and Risk Management

LAS VEGAS, Jan. 06, 2016 (GLOBE NEWSWIRE) -- Visitors to ShowStoppers at the 2016 Consumer Electronics Show can get behind the wheel of a Formula E racecar and test their skills against motorsport legend Michael Andretti while learning about the latest breakthroughs in electric vehicle innovation and driverless technology.

Amlin PLC (LON:AML), a global specialty insurer and reinsurer with more than 100 years of underwriting experience, has partnered with Andretti Autosport to compete in the 2016 FIA Formula E Championship series. The world’s first fully electric racing series, Formula E competes in 10 of the world’s leading cities, including Mexico City, Miami, Beijing, Monaco and Paris. Formula E aims to represent a vision for the future of the motor industry, serving as a framework for R&D around the electric vehicle, accelerating general interest while promoting clean energy and sustainability.

At ShowStoppers, visitors can experience Formula E racing in the VirtualGT automotive racing simulator. Manufactured by Virtual-E Corporation, VirtualGT includes custom audio electronics and loudspeakers, a distributed vibration system, D-BOX motion technology and a fully enclosed triple-screen video display to produce the most authentic racing simulation available. Visitors can test their performance against members of the Amlin Andretti Formula E team using software developed exclusively for Formula E driver training.

Las Vegas to San Diego on a Single Charge Amlin Andretti is showcasing technology components driving performance in the Formula E circuit such as battery capacity, power generation and overall design, as well as a roadmap for future advances meant to advance the electric vehicle category and overall consumer adoption.

According to the Fédération Internationale de l'Automobile (FIA), the governing body for world motor sport and the Formula E circuit, energy storage capacity for Formula E vehicles is expected to nearly double by 2018, increasing from the present level of 28 kWhr to 54 kWhr. Performance will also increase with racing power expected to move from a present level of 150 kW to 200 kW in the next two years.

Applied to consumer electric vehicles, this rate of innovation would increase the average range of Tesla cars to 342 miles – allowing a vehicle to travel from San Diego to Las Vegas on a single charge. If Formula E power systems were used in present day electric vehicles, consumers would be able to drive from X to X without stopping to recharge. In terms of power output and performance....

“Formula E is focused on creating efficiency and an exciting driving experience,” said Roger Griffiths, Team Principal for Amlin Andretti Autosport. “There is tremendous demand for electric vehicles, but consumers are concerned with performance, range and reliability – as well as having a car with an attractive design. Formula E creates excitement for racing fans worldwide while accelerating electric vehicle technology well beyond what would occur organically.”

Amlin Andretti Formula E cars can accelerate from zero to 62 mph (zero to 100 km/h) in three seconds and reach a maximum speed of 140 mph (225 km/h). In place of refueling during a conventional internal combustion race, driving teams currently switch cars once over the course of a 45-minute event. By 2018, performance and efficiency is expected to increase to a level that would allow a single car to complete the entire race.

ROBORACE and Driverless Technology Amlin Andretti will also discuss Formula E’s partnership with Kinetik to launch the world’s first global race series for driverless electric cars. Scheduled to take place during the 2016-2017 Formula E season, ROBORACE is a competitive platform designed to drive innovation in autonomous driving solutions. Racing teams will use identical cars and compete using real-time computing algorithms and AI technologies. ROBORACE is also designed to generate excitement and practical discussions around the viability of autonomous driving.

“ROBORACE is evidence that the technology to make autonomous driving commonplace is advancing rapidly and can perform under harsh conditions,” said (Amlin executive). “Amlin is committed to driving the discussion towards the more formidable obstacle of risk. For true adoption to occur, liability must be determined through data modeling, risk management and scenario planning. Today’s generation may be open to the concept of ordering a driverless vehicle from an app, but risk for this model must be defined before industry invests in technology and infrastructure.”

The Amlin Andretti Formula E Team A U.K. native, Roger Griffiths is a key figure within Andretti Technologies, helping to shape the future of electric energy in motorsports. He has enjoyed a vast background in many motorsports endeavors including Formula 1, IndyCar, American Le Mans Series, and Super Touring Cars, and served as the Technical Director for Honda Performance Development where he experienced success at the Indy 500 in 2012, and the 2013 Driver’s Championship.

Simona de Silvestro , the highly-rated Swiss driver, joined the single-seater ranks in 2005 competing in Formula Renault Italy. She then made the switch to Formula BMW in the U.S., ending the year in an impressive fourth in the overall standings. She competed with the team's Formula E squad in the FIA championship's inaugural season finale in June, and joins the series full-time in the No. 28 Amlin Andretti Spark SRT_01E for season two.

The Dutch driver and GP2 race winner, Robin Frijns , like many of his competitors progressed through the single-seater ranks from an early age and won titles in a number of junior categories including Formula BMW Europe, Formula Renault 2.0 Eurocup and the 2012 World Series by Renault 3.5. Robin has been recognized for his talent throughout his career, testing for both Sauber and Red Bull Racing at a Formula 1 young driver test in Abu Dhabi. Frijns won the Blancpain GT Series Driver Championship. He raced in Formula E for the first time in Beijing 2015 and will be in the No. 27 Amlin Andretti Spark SRT_01E.

Formula E Racing Circuit The second season of Formula-E electric racing, which includes 10 rounds in destination cities around the globe, kicked off in Beijing on October 24, 2015, and concludes in London on July 3, 2016, with a street race in Long Beach, California on April 2, 2016, the exclusive U.S. race on the circuit. With a battery capacity of 32 watts, the Amlin Andretti team’s engine power is equivalent to 268 hp.

Fans in the U.S. can give Amlin Andretti’s drivers an extra speed boost by voting for them on fanboost.FIAFormulaE.com before and during the opening laps of the race. The three drivers with the most votes will receive an extra 95 BTUs of energy which can be used to boost power up to 79 units of horsepower. For more information, visit www.Amlin-AndrettiFE.com .

About Amlin Amlin (LON:AML) is a global specialty insurer and reinsurer with more than 100 years of experience in the insurance markets. The company’s strong foundation and superior financial strength demonstrate that it’s here for the long-term. Amlin’s track record is built on a proven strategy; encouraging its teams to apply the firm’s successful underwriting formula, incorporating a dynamic approach to risk, while developing a geographically diverse global portfolio. Amlin underwrites more than 30 classes of business through three underwriting platforms: Syndicate 2001 at Lloyd’s, Amlin AG in Switzerland and Amlin Europe in the Netherlands. Amlin plc and its underwriting subsidiaries are highly rated for their financial strength.

 

Media Contact: Michael Goodwin Makovsky mgoodwin@makovsky.com 212 508-9639

Scroll down for more posts ▼

Top 10 Most Recent News Articles

DIRECTV and DAZN: NBA Games Reach Local Fans

Updated Category News Views 24

DIRECTV Teams Up With DAZN: A Slam Dunk for NBA Fans DIRECTV just inked a deal with DAZN to broadcast games for five NBA teams—Cleveland Cavaliers, Indiana Pacers, Memphis Grizzlies, Minnesota Timberwolves, and San Antonio Spurs—across their territories. For fans, this means a whole lot more hoops action conveniently bundled into your TV package, right in your living...

Continue Reading
E-Filing: Why Ditching IRS Paper Forms Matters Now

Updated Category News Views 153

Tax Filing Today: The Old vs. The New Listen up, tax-filing warriors. Tackling that IRS Form 941 deadline isn’t just another play in the small business game—it’s crunch time. November 2, 2026, isn’t waiting around for excuses. Luckily, Halfpricesoft.com just chucked you a lifeline with their updated ezPaycheck platform. Swap that mountain of mangled paper forms...

Continue Reading
Duke Energy's Battle Against Energy Vampires Heats Up

Updated Category News Views 158

Unplugging Hidden Electricity Drains Ever wonder why your electric bill has been sneakily creeping up? You might think it's just the AC running full blast or lights left on, but surprise, surprise—there’s a whole army of “energy vampires” quietly sucking the juice out of your home. Duke Energy Florida is drawing attention to this sneaky leak, especially around...

Continue Reading
ASICS and University of Michigan Launch Innovation Lab

Updated Category News Views 123

Running Innovation Gets a Boost in Ann Arbor On a crisp fall day up in Ann Arbor, ASICS and the University of Michigan have decided it's high time to shake up the world of running product R&D. These two powerhouses just launched the ASICSx Michigan Sport Innovation Center (AMSI), an academic-industry research lab. It's like they're mixing college smarts with business...

Continue Reading
P.C. Richard & Son: 117 Years of Thanksgiving Tradition

Updated Category News Views 144

In today's cutthroat retail world, where every dollar counts, you won't see many shops in a rush to shutter their doors on a busy shopping day unless they mean business. So here's a rare bird: P.C. Richard & Son, the family-owned retail stalwart, has a different tune to hum amid the holiday hustle—closing every single one of their 63 stores for Thanksgiving. Figure...

Continue Reading
EQT Acquires Range Resources: Redefining Gas Markets

Updated Category News Views 199

A New Chapter in Natural Gas Who would have thought? EQT Corporation, that sturdy old veteran in the natural gas game, finally made its move and snatched up Range Resources, sprinting right out of left field. This merger isn't just about two companies shaking hands; it's about rewriting the entire narrative of America's natural gas landscape. With this acquisition, EQT's...

Continue Reading
Huntington Bank Bolsters Westside Future Fund with $1M Boost

Updated Category News Views 141

Huntington's Commitment Goes Beyond Dollars In a world where corporations often toss out pretty phrases without the substance to back them up, Huntington Bank's $1 million shout-out to Atlanta's Westside Future Fund (WFF) speaks volumes. This ain't your run-of-the-mill PR move. It's a solid, tangible effort to help a community that's rich in history but screaming for...

Continue Reading
Blue Moon Metals Gears Up for Springer Mine Revamp

Updated Category News Views 30

Getting Set for a Big Move Blue Moon Metals Inc. isn't sitting around with its thumbs in its pockets. The company has made some strides with their Springer Tungsten Mine project in Imlay, Nevada. Let's break down what these folks are up to. Refurbished Up for the Fast Track The rock mover here is the refurbishment of the Springer processing plant. You don't just snap your...

Continue Reading
Ouma Connect Streamlines Surrogacy Medical Clearance

Updated Category News Views 177

A Game Changer for Surrogacy Agencies When we talk about innovation, we often focus on the flashiest tech in finance or the buzz of a scorching hot stock. But here's Ouma Health, shifting gears in a sector many traders don't blink at—surrogacy. They're unveiling Ouma Connect, a portal pulling back the curtain on medical clearances for gestational-carrier candidates....

Continue Reading
Anderson Auto's Bold Move in Florida Market

Updated Category News Views 24

Big Moves Down South Anderson Automotive Group is making ripples down in Southwest Florida, and they're turning heads with quite the strategic play. The family-owned business that's been at it for seventy years just gobbled up two luxury auto dealerships: Acura and Lexus of Fort Myers. These are no small potatoes—luxury brands come with a heft that could really rev up...

Continue Reading

Top 5 Most Recently Viewed Articles

Dark Horse CPAs Welcomes Mike Grimasauskas as New Principal

Updated Category News Views 106

Dark Horse CPAs Welcomes New Leadership Dark Horse CPAs, renowned for their exceptional accounting and tax services, is thrilled to announce the hiring of Mike Grimasauskas as a Principal. This strategic addition is expected to significantly enhance the firm’s capacity to serve its diverse clientele, focusing on delivering tailored financial solutions for businesses and...

Continue Reading
bioAffinity Technologies Expands Leadership with New CFO

Updated Category News Views 49

bioAffinity Technologies Appoints New Chief Financial Officer bioAffinity Technologies, Inc. is excited to announce the appointment of J. Michael Edwards as its Chief Financial Officer (CFO). With a strong focus on early-stage cancer detection, bioAffinity continues to strengthen its leadership team. Edwards has been serving as the interim CFO and brings a wealth of...

Continue Reading
Solventum's Q2 2025 Financial Results and Future Outlook

Updated Category News Views 204

Solventum's Q2 2025 Financial Results Overview Solventum Corporation (NYSE: SOLV) reported an impressive financial performance for the second quarter of 2025. The company's sales saw an increase of 3.9%, reaching $2.2 billion, with organic sales growing by 2.8% during the period. Highlights of the Second Quarter Strong Sales Growth The sales growth was supported by the...

Continue Reading
Merck & Co. Exceeds Earnings Expectations in Latest Quarter

Updated Category News Views 83

Merck & Co. Reports Strong Quarterly Results Merck & Co. (NYSE: MRK) has recently announced its financial results for the third quarter, revealing earnings per share (EPS) of $1.57. This result surpassed analysts' expectations by $0.07, with the market forecasting an EPS of $1.50. The company's revenue for the quarter reached an impressive $16.66 billion, exceeding the...

Continue Reading
American Water Celebrates 140 Years of Essential Service

Updated Category News Views 7

Reflecting on 140 Years of Water Service Legacy Water flows, markets rise and fall; yet some constants remain. Let’s raise a glass—metaphorically speaking—to American Water’s 140-year mission of keeping the taps on. This juggernaut, the largest regulated utility for water and wastewater across the US, hit a whopping anniversary in 2026. Founded back when Grover...

Continue Reading