W Series season could end early as cash flow issue hinders progress



by   |  VIEW 487

W Series season could end early as cash flow issue hinders progress

In the wake of a contemptuous lack of cash flow in W series, the Formula One’s feeder event for women racers, the W series could end early this season. In the matter of fact, latest remarks from the founder of W series founder Catherine Bond Muir that all-women racing event could conclude earlier this season, came against the backdrop of an entirely negligence from FI officials on W series.

Besides, adding further holocaust over W series, F1 chief Domenicali was quoted saying last month that he was not expecting a female F1 driver over next half a decade, eventually escalating financial hindrances for the event.

W Series could conclude earlier this season

On top of that, latest drawback in W Series came forth as the all-women racing event had been met with a significant scale of blow following collapse of a significant deal. Meanwhile, speaking with a press agency on Friday, Catherine Bond Muir said, “We are speaking to a huge number of people, which is why I'm not sleeping very much, to get more money in.

I am reasonably confident that that will happen. I hope that the last few races will go ahead” Besides, Muir added that the W Series must find a solution as early as by next week whether it would push forth for races in US and Mexico next month.

While being asked whether she would look forward to 2023 for a better stratagem, she said “definitely” adding, “I am touched by people's reaction. You may pummel me tomorrow [in the media], but you could have been harsher if you had chosen to.

I think everyone has been pragmatic because you don't want to see us go down. The main thing I sort of want to get across is that this isn't the most unusual circumstance I've found myself in. We've struggled from the word go.

You all know the stories about women sport. The female rugby players go in economy, the men go in first class. There's only equality and parity in tennis because Billie Jean King's been fighting for 50 years for it. So I have no doubt that in the future, it will be a lot easier for us.

But I think it's not just a motorsport issue, I think it's a female in sport issue. The reason why it just came to a head is that I was in San Francisco at the weekend and money that had been contracted to come in, didn't come in.

So that's why it's become a bit stressful. These things tend to be like a bit of a slow train crash. There's a day in which you're supposed to receive money and then it doesn't arrive and then you chase it for a bit and then you go over and sit in front of them and say where's the money”.