Formula One is working on launching an all-women championship series, according to multiple reports.
Although the W Series currently exists, this new series would be geared towards a younger group of drivers, ages 16 to 22, per Sky Sports. The W Series faced financial difficulties this season, resulting the cancelation of the last three races on the 2022 calendar to focus on securing next year’s funding.
According to ESPN, the new series would give a more clear path into the already existing pyramid of Formula Three and Formula Two. Formula 1 reportedly hopes the series will be operating by the beginning of the 2023 season.