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W Series goes into administration after failed rescue attempts
Article To news overview © W Series The W Series has gone into administration after attempts to rescue the all-female racing championship failed. The series had to cut short its 2022 season after the Singapore round in September, after funding issues prevented it from completing the final two races in Mexico and the US. Talks were ongoing with investors over the last eight months over whether the series could be rescued, but ultimately they have not come to fruition. Administrators Kevin Ley and Henry Shinners of Evelyn Partners LLP were appointed this week to the company, as it confirmed that it would be unable to commit to the 2023 season due to its liquidity position. Viewed by others:...
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2y ago from RacingNews365.com
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