Apr 8, 2014, 9:00 AM EST
In a clip slightly more than 3 minutes on Monday, FIA Formula E CEO Alejandro Agag spoke with CNBC to hit the basics of the new all-electric open-wheel championship that premieres in September.
While many of the points were familiar for those who have followed the series’ growth and development over the last 12 months, Agag did make a rather brilliant technology comparing where modern cell phone technology is now compared to what it was when it was in its infancy roughly 25 years ago.
“I always have this comparison … we are here, at this moment [while holding an old, heavy, early generation cell phone],” Agag said during the interview, roughly at the 0:50 mark. “I’m holding an old school [phone]. Now look where we are today after 25 years.”
Video from NASCAR America
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