Formula One announces new all-women series of races to begin in 2023

The F1 Academy will be run and financially backed by the sport’s owners Formula One Management with the intent of helping more young women progress in motor racing and ultimately into F1. The new championship will consist of five teams, each with three drivers run by existing competitors in the F1 feeder series, F3 and F2. The series will use a Tatuus T421 chassis with a turbo-charged engine, delivering 165 horsepower, a combination equivalent to those used in F4 championships across Europe. The future of the existing female drivers only W Series remains in doubt. The series cancelled the last three races of this season due to a financial shortfall and has yet to make an announcement on its plans for next year. The W Series has run as a support race at F1 meetings this year and F1 has said it believes the new championship can run in parallel to it. The W Series has yet to comment on its future given the announcement of the F1 academy.

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