In early April, Jean Todt, president of the Federation Internationale de l'Automobile (FIA), made it known that he hopes to launch a couple of racing events (electric car, go-kart and single-seat vehicles) that will eventually lead to an electrified Formula One series. Though Todt's plans will likely be opposed by F1 supremo Bernie Ecclestone, that hasn't prevented Mitsubishi from declaring that it's "very interested" in a racing series for electric vehicles. Japan Today reports that Mitsubishi president Osamu Masuko is intrigued by the notion of electric racecars. Masuko supposedly told the newspaper that:
Open-wheel racing, at any level, would be uncharted territory for Mitsubishi, but the Japanese automaker has invested a significant amount into developing its own electric vehicles. If the company is going to enter the world of open-wheel racing, it's fitting that it would go electric.The development costs for electric vehicles seem much lower than for gasoline cars, and it would also contribute to the technological development of cars that are already on the market. I'm said to be unenthusiastic about motorsports, but with electric vehicles, I want to promote them.