Female F1 Hopeful & $120 Million Worth Caitlyn Jenner’s Motorsport Dreams Could End Over Financial Collapse

Stepping away from the world of F1, let’s talk about the W series. We know of Formula 1’s initiative to host a female driver in the premier class. However, climbing to the top tier is not straightforward and has its own obstacles, and currently being in the W series is a challenge in itself.

According to reports, the upcoming Singapore GP could be the last of the series because of financial difficulties. The series that was set up in 2019 with the express purpose of promoting women to F1 is in debt. According to accounts filed with Companies House at the end of 2021, the series had net liabilities of $8.29 million.

Speaking on the potential end of the series, two-time W Series champion Jamie Chadwick shared her thoughts. She said, “When we were all briefed about the situation, it’s really cool to see how much the series means to everyone.”

“It’s been a huge opportunity for all of us and I think there’s a bit of emotion that comes with that, and all of us obviously don’t want to see it go.”

“In that sense, we all want to fight as much as we can to help and support the series in the right way,” she concluded.

Read More: Williams development driver Jamie Chadwick Returns to W-Series Amidst Lack of Funding for F2 or F3

The Briton who is racing for Jenner Racing of Caitlyn Jenner can clinch her third title at the Marina Bay track. Caitlyn Jenner, who is worth a whopping $120 million, could become the saving grace. However, there are no reports supporting that claim.

The founder Catherine Bond Muir claimed the series will run its course but the prize money could take a hit. The prize money prospect could hinder Chadwick’s future plans.

Jamie Chadwick’s F1 plans could take a hit because of the cancellation of the W series

The F1 hopeful is aiming to become the first full-time female driver in F1 since 1976, following Italian Lella Lombardi. The winnings from the championship will play a part in her plans next year, she claimed.

“Of course those winnings will be factored into whatever my plans are next year. That is a factor but something that I try not to think too much about,” said Chadwick.

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The prize money might be cut short, but the Williams development driver is optimistic about breaking the Formula 1 barrier.