The Swiss voice in the world since 1935
Top stories
Stay in touch with Switzerland

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

Demographics

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

News

Council of States against Switzerland recognising Palestine

More

Senate against Switzerland recognising Palestine

This content was published on The Swiss Senate does not want Switzerland to recognise the state of Palestine at present. On Tuesday it rejected an initiative by canton Geneva calling for this.

Read more: Senate against Switzerland recognising Palestine
UBS economists do not expect a recession in Switzerland

More

UBS economists not expecting a recession in Switzerland

This content was published on If US tariffs remain at the current level, Swiss GDP growth could be noticeably lower than previously assumed, according to a UBS study. However, a recession is not expected.

Read more: UBS economists not expecting a recession in Switzerland
Marked rise in nominal wages in 2025 according to initial estimate

More

Marked rise in nominal Swiss wages in 2025

This content was published on On average, employees in Switzerland have received a significant pay rise this year. This is higher than the expected inflation rate, which should leave more money in their wallets at the end of the day.

Read more: Marked rise in nominal Swiss wages in 2025
Once again, fewer flats are vacant in Switzerland

More

Fewer flats vacant in Switzerland

This content was published on Across Switzerland, 48,455 flats were vacant in June. This means that the vacancy rate has fallen to 1%.

Read more: Fewer flats vacant in Switzerland

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