Forrest calls F1 a 'smelly old dinosaur' and urges Formula E race

Fortescue founder Dr Andrew Forrest has criticised Formula 1 harshly, describing it as a "smelly old dinosaur" and suggesting it should be turned into a museum. He made the remarks at the launch of Fortescue Zero Racing's Gen4 livery, the team he has built after his green energy firm acquired Penske Autosport in September.

Fortescue Zero will enter Formula E's 2027 season as the series' first Australian-licensed outfit, running customer Jaguar Gen4 powertrains from its Kidlington base under team principal Jim Wright. The group has previously been Formula E's official Pit Boost charging provider and a technical partner to Jaguar.

Forrest called for a head-to-head contest between Formula 1 and Formula E machinery, saying he did not care whether his team finished first or second. He said Formula E would become the place where younger fans go for high-performance, environmentally conscious racing.