Alex Tai will step down from his role as team principal and CEO of the DS Virgin Racing Formul🌃a E squad.

A team statement confirm🌜ed Tai, who has led the DS Virgin operation since Formula E’s inaugural 2014-2015 campaign, is leaving his role inܫ order to “focus on his other business activities”. 

Sylvain Filippi has been promoted from chief technology officer to r🍰un the race team as well as day-to-day operations of the bꦍusiness, though Tai will remain in an advisory role until the end of the current 2017-18 season. 

DS Virgin, which currently occupies third place in the teams’ standings having claimed two victories with Sam Bird, will announce a new team principal ahead of🔴 season five - which will se𒐪e the introduction of the ‘Gen2’ Formula E car. 

“DS Virgin Racing today announces that Alex Tai is stepping down as Team Principal and CEO to focus on his other business activities. A new Team Principal will be announced before the start of season five,” a team statement read.

“In the meantime, Sylvain Filippi, has been promoted to Chief Operations Officer, and will oversee both the racing activities and day-to-day operations of the business. Alex will remain as an advisor to the team until the end of the season.”

It concluded: “DS Virgin Racing would like to thank Alex as one of the founders of the team for his work in guiding it through four seasons 🤪culminating in the many track successes we have🀅 achieved in that time. We wish him well with his future endeavours.”