Drayson Racing Technologies, the pioneering low-carbon motorsport R&D business, has announced that the Drayson Racing Formula E Team is the first team to have agreed with Formula E Holdings to be officially proposed to the FIA as one of the 10 teams taking part in the Championship starting in 2014.

The Oxfordshire based outfit is the first team to commit to the zero-emissions series and will run in the inaugural season of the Championship which will see cars racing on city street circuits powered exclusively by renewable electric energy.

Drayson will field a two driver attack and is already talking to a number of leading racing drivers about seats with the team. During 2013, it will work with Spark and Formula E Holdings to test the Formula E customer car and to promote the championship around the world in the 10 host cities planned for the first season.

Drayson Racing will run the new Formula E customer racing car in 2014 which will be supplied by the promoter Formula E Holdings and is currently being developed by Spark and McLaren.

From 2015, the team plans to be a constructor in its own right fielding a new drivetrain developed from the advanced DRT 4X2-640 electric system featured in the Lola-Drayson B12/69EV car that set a new electric record this summer at the Goodwood Festival of Speed.

The team is a wholly owned subsidiary of Drayson Racing Technologies which has been pioneering green racing initiatives since 2007 and has been acting as Scientific Adviser in terms of sustainability to the FIA Formula E Championship during its establishment over the past few months.

"We are hugely excited about the prospect of competing in the opening season of FIA Formula E," said Lord Drayson, Team Principal of Drayson Racing. "We aim to be one of the front runners from the start, leveraging the know-how we've built up over the past two years working on electric drivetrains and developing our 200 mph electric Le Mans prototype.

"We believe that FIA Formula E has very significant commercial potential, it will attract new fans and new sponsors to motorsport and is on track to become the world's leading environmentally sustainable global sporting event."

"Today is a very special day for the FIA Formula E Championship," added Alejandro Agag, Chief Executive Officer of FEH. "Announcing Drayson Formula E team as the first of the 10 teams proposed to take part in the competition is a very important step in the creation of the first sustainable global motor sport Championship.

"Having a team like Drayson join our ranks, gives the FIA Formula E a true electric racing DNA, as the British company represents, like no other, the passion for research and technology in the field of green motor sport.