The Swiss voice in the world since 1935

Organiser of Swiss Formula E race goes bust

The E-Prix in Bern
A Formula E car speeds through Bern in June Keystone

The company Swiss E-Prix Operations, which last year organised a Formula E electric car race through the streets of Bern, will be liquidated, according to the Swiss Official Gazette of CommerceExternal link (SOGC).

The announcement was reported on Wednesday in the Berner ZeitungExternal link. The SOGC said the bankruptcy judge of the Zurich district court had opened proceedings against Swiss E-Prix Operations on January 15. The company has been dissolved.

Since the race through Bern in June 2019, many small and medium-sized enterprises (SMEs) in the region have been awaiting payment of their invoices. 

Last October it turned out that Swiss E-Prix Operations, which had also organised a race through Zurich in June 2018  was experiencing financial difficulties linked to a lack of liquidity. It denied rumours that it owed millions of francs. 

The city of Bern, as the creditor, was not affected by the liquidity problems. Its engagement is ensured by a bank guarantee. 

The race through the Swiss capital attracted 130,000 people and was described in a city report as “generally positive”, despite a protest two days before the race against its environment impact.


More
Formule E de Sébastien Buemi

More

Motor racing returns to Switzerland via Formula E

This content was published on Zurich is hosting its first Formula E electric championship race on Sunday, in the nation’s first motor race since the sport was banned 60 years ago.

Read more: Motor racing returns to Switzerland via Formula E

Popular Stories

Most Discussed

News

The Olma pig race occupies the Swiss judiciary

More

Is pig racing a sport? Swiss judges to decide

This content was published on The traditional Olma pig race is not a sporting event and may therefore not be authorised by the city of St Gallen under the title of sports betting, says the intercantonal gambling watchdog.

Read more: Is pig racing a sport? Swiss judges to decide
Courthouse

More

Swiss man charged for planned jihad trip

This content was published on The Office of the Attorney General of Switzerland has filed charges against a 21-year-old Swiss national with the Federal Criminal Court for a planned jihad trip.

Read more: Swiss man charged for planned jihad trip
Property prices up slightly

More

Swiss property prices up slightly in Q1

This content was published on Transaction prices for owner-occupied homes in Switzerland rose slightly in the first quarter of 2025. Demand is being supported in particular by mortgage rates, which remain low.

Read more: Swiss property prices up slightly in Q1

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR