Hollywood star Idris Elba invests in brand new Formula E team as he reveals ‘deep and personal’ reason for decision

IDRIS ELBA has invested successful a marque caller Formula E squad - and has revealed the "deep and personal" crushed for the decision.

The Hollywood star, 52, is portion of a star-studded radical to get progressive successful KIRO CUPRA.

Elba believes Formula E combines sport, amusement and sustainability - thing adjacent to his heart.

And the sport's CEO, Jeff Dodds, besides believes the caller concern radical tin assistance turn the athletics connected a planetary scale.

Announcing the news, a connection read: "Kiro Race Co (“KIRO”), the newest squad competing successful the FIA Formula E World Championship arsenic CUPRA KIRO, is thrilled to denote expanded ownership with a radical of highly strategical investors arsenic the fully-electric motorsport series’ 2024/25 play continues.

"Joining pb investors David Kaplan and Bennett Rosenthal, the powerhouse concern radical present includes: Golden Globe-winning histrion and shaper Idris Elba; large league sports squad owners Tony Ressler, Larry Berg and Shaun Neff; media deal-makers Navid Mahmoodzagedan, Steve Bornstein and Rick Hess; and strategical advisors Jeffrey Assaf, Caleb Kramer and Michael Woronoff.

"This concern underscores the shared content successful Formula E’s immense imaginable and increasing commercialized appeal, pursuing the acquisition of Kiro Race Co by The Forest Road Company, a Los Angeles-based concern firm, successful October 2024.

"With unparalleled expertise crossed the business, media, sports, and amusement sectors, the divers capitalist radical signifies the commencement of a compelling caller epoch for KIRO and volition beryllium pivotal successful the strategical positioning of the team’s semipermanent maturation arsenic a sports franchise."

Elba revealed the team's imaginativeness "resonated with maine connected a deep, idiosyncratic level" arsenic helium explained his latest investment.

The Wire prima said: “Formula E is astatine the cleanable intersection by blending athletics and planetary amusement with sustainability.

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"I’m arrogant to beryllium joining the grid with CUPRA KIRO astatine this pivotal moment.

"The team’s imaginativeness for the future, tendency to innovate, and committedness to excellence resonate with maine connected a deep, idiosyncratic level, and I’m looking guardant to playing my portion successful its travel to the beforehand of the grid."

Formula E CEO, Dodds, revealed his excitement and called it a "transformative moment" which could "catalyse maturation for the full championship".

Dodds said: “The accomplishment of this caller capitalist radical marks a transformative infinitesimal for Kiro Race Co and serves arsenic a resounding endorsement of its strategical maturation plan.

"This awesome radical brings unparalleled expertise and a diverse, well-rounded position that volition catalyse maturation not conscionable for the team, but for the full championship."

But this is not Elba's archetypal foray into motorsport.

In 2022, the Luther histrion - who besides performs arsenic a rapper, vocalist and DJ - launched the Idris Elba Speed Academy, an inaugural launched to nurture aboriginal racing endowment from communities underrepresented successful the satellite of motorsport.

A twelvemonth later, SunSport revealed ex-Formula One technologist Rob Smedley was besides hoping to alteration the aboriginal of motorsport - with a small spot of assistance from Elba.