F1 News, Reports and Race Results

All-female W Series placed into administration

The all-female W Series seems to have hit the end of the road with conformation that the championship has been formally placed into administration.

The W Series was formed in 2019 as a junior championship alongside DTM exclusively for women racers. Britain's Jamie Chadwick won the inaugural season, and went on to repeat her success in 2021 after a hiatus in 2020 due to COVID.

Chadwick completed a hat-trick of titles in 2022 when the series ended its season early, after seven races which were held as support events at F1 weekends at Miami, Barcelona, Silverstone, Paul Ricard, Hungary and Singapore.

The final three races due for the Circuit of the Americas in the US and the Autodromo Hermanos Rodriguez in Mexico were all cancelled.

In all there were 22 W Series races, with Alice Powell, Beitske Visser, Emma Kimiläinen and Marta Garcia also emerging victorious. Visser was the final winner in Singapore in October.

At the time, series CEO Catherine Bond Muir said that she was hopeful of securing backing that would allow the series to continue. However, plans for a fourth championship have remained conspicuous by their absence.

Now Kevin Ley and Henry Shinners of Evelyn Partners LLP have been appointed joint administrators of the series, and expressed regret to all those affected by the news.

“The news will be upsetting for the company’s employees and drivers together with the worldwide supporters of the championship,” Ley acknowledged.

“The company had been unable to commit to the 2023 race season due to its liquidity position," he confirmed.

"The directors had been in discussions with various parties to provide additional funding together with a potential sale of the business. Unfortunately, these discussions did not progress.”

The administrators pledged to “explore all available options to allow the W Series to restart in the future,” according to Shinners.

“We are seeking expressions of interest in the business and assets of the company. We would ask that any interest is registered with us as quickly as possible," he added.

In fact it appears that Bond Muir was by now the only remaining member of staff, and it appears unlikely that the W Series will survive in any form.

“Staff had been made redundant or had left the business before our appointment and it has unfortunately been necessary to make the remaining staff member redundant," Shinners acknowledged.

"The joint administrators will be looking to support any staff impacted by the administration, given the financial position of the company, with making and progressing any claims with the Redundancy Payments Office.”

©GettyImages

Formula 1 has already launched a new junior championship for female racers called the F1 Academy.

It has held three of its seven triple-header race weekends planned for this season at Red Bull Ring, Valencia and Barcelona with further races planned for Zandvoort, Monza and Paul Ricard.

Marta Garcia and Amna Al Qubaisi have both won three races for Prema and MP Motorsport respectively. Other winners include Bianca Bustamante (Prema), Emely de Heus (MP) and Léna Buhler (ART).

The final F1 Academy race weekend of this year will be as a support event at the United States GP at COTA in October. All of next year's F1 Academy events will be on Grand Prix programmes.

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

Alpine double-podium in Brazil could deliver $30 million windfall

Alpine’s remarkable double podium at the São Paulo Grand Prix with Esteban Ocon and Pierre…

41 mins ago

F1i's Driver Ratings for the 2024 São Paulo GP

Alexander Albon, Williams (Did Not Start): 5.5/10 Alex Albon is definitely going through something of…

2 hours ago

Jos Verstappen rips British media after Brazilian Max fest

Jos Verstappen wasted no time after his son spectacular win at the São Paulo Grand…

4 hours ago

Leclerc left with ‘mixed feelings’ after disappointing Sao Paulo GP

Charles Leclerc's weekend in Sao Paulo was unfortunately a stark contrast to Ferrari's recent triumphs…

5 hours ago

Back when Kimi knew exactly what he was doing

Twelve years ago on this day, Kimi Raikkonen took a popular win at the 2012…

7 hours ago

Mercedes fined for starting grid tyre pressure infringement

The Mercedes team was hit with a fine by the FIA after Sunday’s Sao Paulo…

8 hours ago