[ Diretor: Mário Frota [ Coordenador Editorial: José Carlos Fernandes Pereira [ Fundado em 30-11-1999 [ Edição III [ Ano XII

sexta-feira, 24 de novembro de 2017

Electric motorsport to ditch no-deal Brexit UK

Friday, 24 November 2017

The London-based Formula-E electric car racing series will leave Britain if Brexit goes ahead without a deal on tax and employment, the outfit’s chief executive said on Wednesday (15 November).

The Formula E championship is the first all-electric racing series in the world and was inaugurated in September 2014.

The global city-based championship, which will be starting its fourth season in Hong Kong on 2 December, employs about 100 staff at its West London headquarters.

Alejandro Agag, who has lived in London for 15 years, said he was “very worried” by Brexit and Formula-E could relocate its business to the European Union in the space of a day if necessary.

“We have a lot of expats that work in the company… probably of our 100 employees, 50 are British and 50 are from other countries,” he told Reuters at a media breakfast with members of the Jaguar team.

EU negotiator hammers home harsh realities of no-deal Brexit

The EU’s chief Brexit negotiator warned the United Kingdom on Thursday (6 July) that ending talks without a comprehensive agreement would only worsen the already complex situation, contrary to London’s oft-repeated stance of ‘no deal is better than a bad deal’.

“And a lot of our contracts come from the European Union in terms of sponsorship, so if there is not a deal in terms of tax and employment, we will leave.

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