The Jaguar I-PACE eTrophy will be scrapped at the conclusion of the 2019-20 season as the series prepares to face the economic aftershocks of the Covis-19 pandemic.
The one-make series, which acts as the support series to the Formula E championship, was launched in 2018 on a three-year contract.
The inaugural race of the championship was contested at that year’s Diriyah E-Pirx, where kiwi racer Simon Evans claimed victory.
The first season saw the grid feature 12 cars, including one-off guest drivers at individual events. However, that number had fallen to 10 entries for the 2019/20 season.
It is believed that there is currently no other support series set to replace the I-PACE eTrophy from next season.
“The series has realised many of the targets we set out to achieve,” said Jaguar FE team director James Barclay.
“However, during these unprecedented times of the coronavirus pandemic, we have reviewed our strategy and made the decision to withdraw the Jaguar I-PACE eTrophy series after two successful seasons.
“We remain fully committed to electric motorsport and our Jaguar Racing Formula E programme as an important part of our transition to electric mobility.”
The Formula E season remains suspended amid the global pandemic with racing planned to resume from July onwards.
Plans have been mooted which will see the series resume its season behind closed doors with races at permanent tracks.
The eTrophy is believed to be the first international motorsport series to be abandoned directly as a result of the coronavirus pandemic.