Formula E has no qualms about FIA Formula 1 superlicence omission

The new all-electric championship was not included on the governing body's list of single-seater series where drivers can earn points towards a superlicence.

Agag says he is happy with that decision, as Formula E is not a feeder series.

"I think it was a very logical choice from the federation," he said on the eve of the fourth round of the championship in Buenos Aires.

"Our series is not used to prepare drivers for Formula 1 because we are not part of that pyramid.

"Formula E is something totally different in the landscape of motorsport.

"If anything, what we could see in the future is a championship that will qualify drivers to secure a licence to race in our series."

Agag added that he is happy with the way the series is shaping up financially in its first season.

"In terms of brand exposure, the value collected in the first three races is over $150million, while the value of television advertising slots, if they were purchased, is $41.3million," he said.

"I'm very happy with this start. It's not just a personal feeling, but the result of analysis of the data collected so far by independent companies."

Formula E also released TV figures for its first three events, claiming 56 million viewers from the opening three races, and 1.45 billion social media impressions.