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The Audi e-tron FE04 is the automaker's first all-electric racecar.
This marks the automaker's first foray into Formula E with its own works team.
The team's two drivers will be Lucas di Grassi, last year's champion, and Daniel Abt.
Allan McNish will oversee Audi's efforts as team principal.
The e-tron FE04 sports a new livery that's a bit easier on the eyes than ABT Schaeffler's mish-mash of colors and styles.
Audi chose to mate the car's electric motors to a single-speed transmission -- other teams tend to use transmissions with multiple gears.
The public will get to see the e-tron FE04 in action starting in Hong Kong on December 2, with the season continuing into 2018.
In order to combat range issues, drivers must switch cars at some point during the race.
Formula E may not carry the popularity of Formula 1, but it's still quite new, so give it some time.
We can't wait to see how Audi's efforts translate to the track.