Auckland could host latest addition to Formula E circuit

New Zealand could become the latest destination for an event which demonstrates the world's most advanced clean technology.

An Auckland-based consortium has bid to bring the ABB FIA Formula E championships to the city.

Formula E shines a light on the benefits of electrification in reducing carbon emissions, the need for deliberate infrastructure development, and providing a positive economic impact, while delivering a thought leadership platform bringing global expertise that could help shape the New Zealand of tomorrow.

Consortium CEO Craig Cotton said the track designers have had a look, and loved what they've seen.

"They believe it will be one of the best tracks on the circuit because of the back drop of the port and the city," he said.

"The reality is we do need about 40 million dollars above what we already have committed to close this out."

The City of Sails is looking to become the 14th stop as part of the all-electric championship and would join cities such as New York, Paris, Rome, Hong Kong, Berlin, Mexico City and Santiago.

"Government has been really supportive - both local and central," Cotton said.

The Auckland ePrix is scheduled for a November 2019 date. Options for the venue are still being evaluated.