The W Series could come to an early end
The single-seater championship reserved for women is facing financial difficulties. It might not complete the season.
The idea and concept have been praised. This championship, reserved for women, allows the champion to win a large grant to fund her competition seasons. However, the W Series could end earlier than planned due to financial reasons. Therefore, the champion of the 2022 edition may not be able to receive her prize.
According to a report presented in early September, the championship was in deficit of 8.3 million euros. According to The Telegraph, the championship owes significant amounts to its creditors. As a result, a reduced team will be presenting itself this weekend in Singapore.
But the negative record does not worry the championship boss, Bond Muir. « We have a lot of conversations at the moment and I am very optimistic. We had to fight since day one. It’s a constant battle, but we are fighters », he told the Telegraph.
According to the British media, the origin of the financial problems comes from the failure of a contract with an American investor. These difficulties come at a time when the concept of the W Series is starting to be criticized because no woman who has passed through this category has ever managed to reach a higher level. Not even Jamie Chadwick, who has been dominating the competition since its creation.