A new all-female racing series, launched on Wednesday and supported by former grand prix driver David Coulthard and top designer Adrian Newey, is aiming to help women racers get to Formula One.
No woman has competed in Formula One since 1976 but organisers of the W Series hope to provide a platform for them to develop skills before taking on the men further up the motorsport ladder.
With a planned start in May 2019, the series said it will offer a prize fund of $1.5 million (Dh5.5 million) and free entry for 18-20 competitors who will be selected purely on merit after tests and appraisals.
The overall winner will collect $500,000, with prize money down to 18th place.
Organisers said they aim to stage six 30-minute races at top circuits in Europe, most of which were past Formula One venues, with identical 1.8 litre Formula Three cars.
Future seasons would see the series expand to America, Asia and Australia.
"At the heart of W Series' DNA is the firm belief that women can compete equally with men in motorsport. However, an all-female series is essential in order to force greater female participation," organisers said in a statement.
Coulthard, winner of 13 grands prix between 1995 and 2003, is on the advisory board along with Red Bull's technical head Newey and both will be involved in the driver training programme.
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Former McLaren team manager Dave Ryan has been appointed racing director, while the chief executive is lawyer and corporate finance banker Catherine Bond Muir.
The idea of an all-female series is not new but has been controversial in the past, with top women racers adamant they want to compete against the men rather than be separated.
Spaniard Carmen Jorda caused a storm last year when she advocated a women-only series on the grounds that they had a physical disadvantage and could not compete equally with men at the top level.
Claire Williams, deputy principal of the Williams Formula One team, said this year that an all-female championship would be a "regressive step".
Coulthard said, however, that women tended to reach a "glass ceiling" at Formula Three level, often due to a lack of funding.
He saw no reason why women could not ultimately compete with men on level terms.
"In order to be a successful racing driver, you have to be skilled, determined, competitive, brave and physically fit, but you don't have to possess the kind of super-powerful strength levels that some sports require," Coulthard said.
"You also don't have to be a man."
Newey hoped W Series would create "a platform on which women drivers can improve by racing one another and from which they may then springboard their careers forward and ... ultimately race successfully in F1."
Former McLaren and Renault driver Kevin Magnussen, now with Haas, expressed support in a quote provided by the series organisers.
"When I was karting as a boy, I raced a few girls who were talented and quick. But there weren't many of them; a lot more boys than girls go karting and that's a fact," said the Dane.
"So I welcome W Series and hope it'll help female racers progress their careers."
No woman has scored a point in Formula One, although Italian Lella Lombardi scored a half point in the shortened 1975 Spanish Grand Prix, and only two have started races since the championship began in 1950.
Lombardi started 12 races between 1974 and 1976. The last to attempt to enter a race was Italian Giovanna Amati, who failed to qualify in 1992.
In June, Saudi Arabian Aseel Al Hamad drove a 2012 Lotus F1 car around the Circuit Paul Ricard in Le Castellet ahead of the French Grand Prix to celebrate women in the kingdom being allowed to drive on the roads.