Every sport has a spectacle that use the power women have over us weak men. So sexist and old school. There is no purpose and does not really add value. It's a sideshow whose time has come in F1 and it took courage and leadership for LM to make the move. Sure there's backlash but it'll pass.
It is an institution in basketball and football with its cheerleaders. Stroke of genius when Jerry Buss put on a sideshow called the Laker Girls and many followed.
Same if you go to the fights. It'll stick around in many sports and venues. So men and women (yes, equal opportunity), don't fret. Don't be disappointed. There's so much out there to get your fill.