Faraday Future may cut its Formula E team to save cash

Faraday Future has gone through a lot lately. The electric car startup has struggled to get its factory project off the ground, lost executives, and seen its main investor — Chinese conglomerate LeEco — nosedive.Now, the next victim of FF’s financial woes could be its participation in Formula E. Multiple sources with knowledge of the situation, who spoke with The Verge on condition of anonymity, say that Faraday Future’s involvement with the fledgling, all-electric racing