Formula E takes minority stake in Agag's Extreme E


FILE PHOTO: Alejandro Agag, Formula E CEO, speaks during an interview with Reuters ahead of round four of the Formula E championship in Buenos Aires January 8, 2015. REUTERS/Marcos Brindicci

LONDON (Reuters) - Formula E has become a minority shareholder in Extreme E, the electric off-road series due to start next year with six-times Formula One world champion Lewis Hamilton a team owner, the two sides announced on Tuesday.

No financial details were provided for what was described as a strategic investment.

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