Motorsports
W Series won’t end season due to lack of funds
behind Singapore Grand Prix, Rumors began to spread that W series They learned that they were unable to finalize a deal with one of their investors and their championship was in jeopardy.Last Monday, the bad news was confirmed and through a statement, the race was USA and Mexico not celebrated Because of the lack of financial support.
“This decision was made to focus on our long-term fundraising process. Enable survival and ensure financial health in 2023 and years to come. For this reason, we are allowing cost savings by canceling the races in Austin and Mexico City,” the statement explained.
A total of 7 races have been held so far, with 6 races being the minimum requirement for the championship to be declared valid.This means Jamie Chadwickhas an overall lead of 50 points. Champion for 3 consecutive years (2019, 2020, 2022) and continue to make history. In total, the Englishman scored 11 victories, 10 pole positions and 18 podiums.
Catherine Bondmuir, W Series CEO is very sorry that we were not able to complete what was originally planned. It will be needed after the contract funds have not arrived and the global economy is in recession.”
Despite the very bad news for the championship, Bonds affirms:We remain positive about the long-term future of the W Series“Negotiations with new investors are underway, but nothing is done yet. We are not in a position to make a formal announcement yet. many positive ongoing conversations And all involved share a passion and belief in our mission to provide great female drivers with a platform to showcase their talent and race in front of a passionate fan base around the world. ”
Source: Mundo Deportivo
I am a writer at Sportish, where I mainly cover sports news. I’ve also written for The Guardian and ESPN Brasil, and my work has been featured on NBC Sports, SI.com and more. Before working in journalism, I was an athlete: I played football for Colgate University and competed in the US Open Cross Country Championships.
