Despite Formula E's increasing popularity with car manufacturers, Haas boss Guenther Steiner says the all-electric series poses no threat to Formula One.
FE recently announced two major coups -- reigning F1 world champions Mercedes will join in 2020, axing its DTM programme in the process, while Porsche will follow suit and end its participation in World Endurance Championship to focus on FE. The two German manufacturers will be joining a series already bolstered by the likes of Renault, BMW, Jaguar and Audi, while Ferrari is also considering a future entry in some capacity.
By contrast, F1 has struggled to attract new manufacturers to the sport in recent years, with independent outfit Haas the only team to join the grid since 2010 -- and that was only possible with an extensive engine and technical partnership with Ferrari.