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Branson's bet on high-speed electric motor sports

Branson's bet on high-speed electric motor sports

Last Updated: Mar 20 2015 | 4:08 PM IST

Sir Richard Branson thinks competition will fuel innovation. That's why he's sponsoring a Virgin Racing team in Formula E, the world's first electric motor sports championship. At the latest Formula E race in Miami, Branson told Bloomberg's Olivia Sterns how Formula E fits into his plans for renewable energy development and adoption.