W Series has canceled the remaining three races for 2022 due to lack of funding
They trust to celebrate the 2023 season
The financial problems of the W forced the 2022 season to be halted and to begin raising funds for next year. Despite this, the category’s executive director, Kathryn Bond-Muir, is sure of the championship’s return and stresses that its continuity is essential.
W Series has canceled the three remaining races of the 2022 season – with Jimmy Chadwick winning – in order to secure funding for next year.
W Series executive director, Kathryn Bond-Muir, confirmed that this decision was due to the fact that they wanted to continue the “DNA” of the category and promote the best pilots.
“As far as we are concerned now, We want to preserve the DNA of the W . chain “We intend to continue to cover all drivers’ expenses,” Bond-Muir said in a statement published by RacingNews365.
The W Series bears all the expenses associated with competing with its pilots, but a lack of funding puts its continuity on hold. Funding is essential in sports and hard to come by, which is why the competition wants it to stay in their hands.
The pilots were understanding, but the feeling that arose was ‘Yeah, that’s nonsense, but This is what we’ve been dealing with for 20 years“We’ve been given promises of money, we have contractual obligations that have not been fulfilled,” Bond-Muir explained.
“We’ve always said that It’s about finding the best pilots, not the richest. Most W Series drivers find it very difficult to get any kind of care.”
“On the men’s side, it’s a very difficult sport, but I think it’s more difficult for women. You just have to compare what’s happening to us to other women’s sports. Things are tough,” she added.
For Bond Muir, women’s sport is thriving, but it still needs more growth, which is why continuity of the W series is essential.
“The only sport that seems to have some sort of par with the men’s team is tennis. In the UK, football had a big shot at winning the European Championship,” he said.
“They have fans, and we have TV fans. I don’t compare myself to football because they have been around longer than us, but my belief is that Women’s sports will continue to grow Exponentially “.
Therefore, the CEO is positive about the future of this category. Bond-Muir explains that restrictions derived from covid-19 have made it difficult to expand and that expenditures need to be better managed, but he is confident that competition will return.
He pointed out that “last year’s closing season prevented us from making good cuts this year.”
“I am absolutely confident that the W Series will be here next year.. We want to continue to support Formula 1, but in the future we must be aware of our costs, and it would be wise to have more European races.”
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