Techeetah has completed the formal takeover of Team Aguri in Formula E and announces Ma Qinghua and former DS Virgin Racing driver Jean-Eric Vergne for the 2016-17 championship.

After Team Aguri officially confirmed its withdrawal from Formula E after the end of the second season Chinese sports marketing and management company SECA has backed Techeetah's takeover of the team licence for next season.

Techeetah will use Renault Z.E 16 cars for the 2016-17 championship - the same specification of car as title winners Renault e.Dams - having signed French driver Vergne and home talent Qinghua.

"Formula E represents a global vision for the future of the motorsport industry. Formula E offers a rare global sports opportunity with its unique positioning around the Environment, Energy and Entertainment," Sheng Li, founder and CEO of SECA, said. "Racing in Formula E opens up marketing, R&D and fan engagement possibilities for global and Chinese brands.

"Techeetah Formula E Team is a global team with unique access to Chinese and European fans through our two star drivers next year."

Formula E CEO Alejandro Agag is thrilled to see the Chinese squad pick up the tenth team entry for next season as it accesses a key market for the all-electric car championship.

"Formula E is very happy to welcome the new Team Techeetah, backed by SECA, to our Championship. China is one of the big priorities of this Championship." Agag said. "Our first race ever took place in Beijing, and the country is doing great efforts towards electrification of mobility.

"We will work together with SECA and our Chinese partners to expand Formula E in China, and reach out to millions of potential new fans."

The 2016-17 Formula E championship begins on the 9th October at the inaugural Hong Kong ePrix.

Two rounds on the calendar are yet to be confirmed but it is believed one will be filled by a race in China. The Beijing ePrix acted as the season opener for the first two Formula E campaigns.

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