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Formula E said in a statement that the two companies had
secured minority investments.
No figures were given but the Hollywood Reporter indicated the
combined investment was approximately $55 million for a one
third stake.
"It is a significant step forward for Formula E to receive the
backing of two major global media companies when we are barely
halfway through our first season," said Formula E chief
executive Alejandro Agag.
"The experience and knowhow they bring will provide a
significant boost to Formula E."
Reports last year suggested Liberty Global and Discovery
Communications were interested in buying a combined 49 percent
stake in Formula One from rights holders CVC and Lehman
Brothers.
Formula E is holding its fifth round of the season in Miami this
weekend.
(Reporting by Alan Baldwin, editing by Justin Palmer)
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