“Le Mans has used hydrogen, Dakar [too] but they’re not going to be all-hydrogen championships.
“We are going to be the only hydrogen championship for many years [through an exclusivity deal with the FIA] – that gives us a unique position.”
Agag is keen to point out where would-be partnership funds could come from – “Ineos [Mercedes F1 sponsor and co-owner], they don’t want to touch batteries, but if you go to their website the first thing they speak about is hydrogen. They are all over it, many [companies] are.
“What is also interesting is what is going on outside the car. The big hope for hydrogen: it’s used to transport green energy. Store the power of the sun from solar panels in countries with deserts like Namibia, Chile, Saudi then take it elsewhere. A championship like Extreme H could be a platform where all these technologies can be tested.”
The final country mentioned by Agag is key – the hydrogen arm of Saudi’s proposed tech city Neom is a big partner of Extreme E. It sponsors both the 60sec ‘Hyperdrive’ power boost available to drivers mid-race and its branding is plastered everywhere at championship events. The opening round of every season has been held in Saudi Arabia, the latter two at Neom.
Next year Neom opens its first hydrogen plant producing the fuel source for domestic vehicles. A larger factory focused on exports will operate from 2026.
The country’s officials appear highly enthusiastic for Extreme E’s hydrogen change, with its energy minister Prince Abdulaziz bin Salman al-Saud emphasising that it intends to become the top exporter as it diversifies its energy portfolio.
“We want to showcase ourselves as an energy exporting country, because we will be working hard in exporting hydrogen along with oil, along with liquid gases,” he told Reuters last year.
Motor Sport put it to Extreme E managing director Ali Russell, who has been with Agag for the duration of Formula E and Extreme E, that “unique business opportunities” might be behind the rapid switch to hydrogen.
“This isn’t something that Alejandro just dreamt up in the shower – we’ve seen the value in being first to the market”
“This isn’t something that Alejandro just dreamt up in the shower,” he replied.
“This is something that’s a very considered and calculated move and something we’ve discussed for many years now.
“I think we’ve seen with Formula E the value of being first to market, and I think we really want to do that on hydrogen development.”
When Saudi Arabia’s influence over the championship’s direction was mooted, he said: “There are many governments around the world looking at how they can move into it.