W Series cancelled with three races of season left due to funding, Jamie Chadwick wins title for third time

W Collection is not going to full the ultimate three races of its 2022 season attributable to fundraising points, with Jamie Chadwick topped champion for a 3rd time.

The all-female racing collection was set to complete its third season with races in Texas and Mexico Metropolis.

Nonetheless, it was introduced on Monday that the “determination has been made to give attention to the longer-term fundraising course of to allow the longevity and monetary well being of W Collection into 2023 and past”.

Motorsports

‘He’s the identical animal as me’ – The superior rivalry between Rea and Toprak

04/08/2022 AT 10:52

A press release stated: “The required funding because of the enterprise from a current contracted funding was not obtained, forcing the remaining three races of the 2022 calendar into doubt.

“The untimely finish to the 2022 season signifies that Jamie Chadwick – who sits 50 factors clear within the drivers’ championship standings – is topped W Collection Champion for a record-breaking third time.”

Chadwick received 5 of the seven races and completed 50 factors forward of Beitske Visser in second place, with Alice Powell third, an additional seven factors behind.

Six races had been wanted for the championship outcome to face.

Chadwick has received every of the three seasons that W Collection has been held.

W Collection CEO Catherine Bond Muir prompt there had been important curiosity from potential traders.

“We’ve got labored laborious to lift the required funding to allow us to complete the season. Sadly, it was not attainable to do that within the quick time-frame required following the failure of contracted funds to reach and the worldwide financial downturn.

“Nonetheless, whereas we’re all extremely disenchanted that this determination has needed to be made within the quick time period, we stay optimistic about the way forward for W Collection in the long run.

“It’s well-documented that girls’s sports activities obtain far much less funding than its male counterparts, and W Collection isn’t any exception.

“We’re extremely grateful for the assistance and help now we have obtained in current weeks following the information of the monetary difficulties we’ve been dealing with, which has accelerated our fundraising course of and given us nice optimism as we glance to 2023 and past.

“Whereas we aren’t ready to make a proper announcement but, there are numerous optimistic conversations ongoing and all events share our ardour for and perception in our mission to supply our unimaginable subject of girls drivers a platform to showcase their abilities and to race in entrance of enthusiastic followers all all over the world.

“We’re doing every part we are able to to make sure the long-term monetary well being of our enterprise and we stay up for W Collection’ continued development and success.”