W Series season possibly stopped early due to financial problems

The W Series season appears to be coming to an early end. The Telegraph reports that there are financial problems for the series and the season may not be able to be finished.

The W Series was created in 2019 as a class exclusively for female drivers. In this way, the FIA wanted to give women more opportunities for a career in motorsport. The winner of the series received a hefty sum of money ($500,000), the corresponding licence points and, in 2022, the season will also feature during F1 race weekends.

W Series in trouble

Things are not looking very bright, however. Jamie Chadwick won five of the six races and is 75 points clear of the number two. She is most likely to take the class title in Singapore before making the switch to the Indy Light championship. However, the question is whether there will be any racing after Chadwick's third title.

The W Series is yet to go to America and Mexico this season for the final three (two in Mexico) races of the season, but there are said to be financial problems. The Telegraph reports that, according to accounts, 7.5 million in debt would be outstanding on 31 December 2021, and there are several creditors who have been waiting for payments for quite some time.

The organisers are said to be doing all they can to keep the series alive, but the medium has also learned that a million-dollar deal with an unknown US company still fell through after the contract was signed. Catherine Bon Muir, the series' founder, did not address this rumour, but did state that the series is looking for a backer. Whether that will come in time to save this season remains to be seen.