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Yeah, not a surprise. Their budget was estimated to be $200 million annually, and with so little competition and the resultant publicity, it didn't make sense.
I've watched a few Formula E races, and didn't like them at all. First of all, the cars sound like electric drills, not the most appealing thing to me. Secondly, instead of a quick-change battery pack that they could replace at the pit stops, the driver changes cars.
It's early in the evolution of the class, but the way it stands now, I'd rather watch NASCAR (which I know a lot of sports car people are snobbish about, but the competition is always great).
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