In October 2013, it was announced that Prost would join forces with Jean-Paul Driot's DAMS racing team to form e.dams, a team which would compete in the FIA Formula E Championship for electric racing cars from its commencement in September 2014. In June 2014, the team announced that its initial driver line-up would consist of Nicolas Prost and Sébastien Buemi. The team went on to win the inaugural Formula E teams championship. In 2017, he was employed as a special adviser for the Renault Formula One Team. Since July 2019, he took up a non-executive director role with Renault Sport. During the 1000th Formula One race, the 2019 Chinese Grand Prix, Prost had the honor of waving the chequered flag as Mercedes driver Lewis Hamilton crossed the line to take his 75th career victory.