Cupra Kiro might be new in terms of name, but it’s a familiar face in Formula E. The team has gone through a number of different identities since it debuted as Team China in the inaugural Formula E season — which it won with Nelson Piquet Jr. — but it entered this season after fresh new investment.

U.S.-based investment firm The Forest Road Company — with financing from Ares Management co-founders David Kaplan and Bennett Rosenthal — took over the team in the off-season with the clear aim of turning the erstwhile back marker outfit into regular contenders.

A strong financial backbone and powertrains from Porsche have given the team cause for optimism going forward, optimism that driver Dan Ticktum wasn’t able to fully enjoy until recently, with his deal to continue with the team for a third season (under a third different guise) coming at the 11th hour.