The all-female W Series has cancelled its remaining three races within the US and Mexico for monetary causes and declared Britain’s Jamie Chadwick champion for the third season in a row.
The sequence had been because of help Components One on the US Grand Prix in Austin, Texas, subsequent week earlier than ending its season with two races at Mexico Metropolis’s Autódromo Hermanos Rodríguez on the finish of the month.
“As a result of latest unexpected circumstances exterior of W Collection’ management, we had not been in receipt of contracted funds because of us,” mentioned the W Collection founder and chief govt, Catherine Bond Muir. “Subsequently, we now have been compelled to make the unlucky choice to not full our scheduled calendar this season.”
Bond Muir mentioned she remained optimistic in regards to the long-term way forward for the sequence, and needed to stay on the F1 help programme. “We’ve simply needed to name it as a result of clearly there are deadlines on funds and issues that should be performed – we simply needed to make a realistic name at present. Going ahead, the massive message is that I’m extraordinarily assured that W Collection will probably be right here subsequent 12 months.”
Chadwick was 50 factors away from the Dutch rival Beitske Visser on the high of the standings after seven races.
W Collection, which is free to enter, had web liabilities of £7.5m as of the tip of final 12 months, based on statements filed with Corporations Home.