Formula V8 3.5 to end after 2017 season
17 November 2017 – Formula V8 3.5 will end after the 2017 season, organisers have announced, citing the "continuous and alarming drop" in entries across European categories.
V8 3.5 has struggled for entries since Renault cancelled its backing of the series at the end of 2015, with only 10 drivers taking part in 2017's finale in Bahrain this weekend.
RPM-MKTG, which has overseen the Nissan (1998-2004), Renault (2005-2015) and current guises (2016-2017), expressed sadness at the outcome.
"RPM's original idea was helping parents and relatives build driver careers by providing the best possible single-seater at the lowest cost," read a statement.
"In the recent years, no other series nor championship in any continent has been able to match the unbeatable cost/performance ratio of World Series Formula V8 3.5.
"Unfortunately, neither World Series Formula V8 3.5 nor any other top single-seater series in the world have reached the ideal number of participating drivers in 2017."
But organisers have not ruled out a return in the future.
"RPM-MKTG will keep track of evolution of all European-based single-seater series, their associated costs and participation figures," continued the statement.
"Should teams, drivers and sponsors scenarios change in the near future, a World Series Formula V8 3.5 comeback is not to be dismissed."
25 drivers have reached Formula 1 after competing in the category, including Fernando Alonso, Sebastian Vettel, Carlos Sainz and Daniel Ricciardo.
Formula V8 3.5 was part of the World Endurance Championship's support bill in 2017, and organisers had agreed to extend the deal into 2018.