Portland chosen as sole US stop for Formula E, the global all-electric racing tournament

Portland has been selected to host an international racing tournament this summer that could provide a boon for the local economy and further position the city as an emerging hub for major athletic events.

Formula E, the all-electric alternative to motorsport juggernaut Formula 1, settled on Portland International Raceway as the sole U.S. stop for its annual world championship that includes races in Berlin, Jakarta and eight other cities.