The newest run begins in 1979 and ends in 1990, with Olivia Colman as Queen Elizabeth II.
This is the first time the show has included the late Princess Diana (played by Emma Corrin) and Gillian Anderson as Margaret Thatcher.
However, after watching “three-quarters” of the new series, Jeremy has hit out.
The 60-year-old compared it to over-the-top 80s soap Dallas, as he plotted revenge.
The Top Gear star’s headline read: “Here’s a blockbuster idea: a lie-filled show about a TV boss’ family.
“I bet the Queen would watch.”
He started by listing the events that have taken place onscreen, including the funeral of Lord Mountbatten, “overlaid with the soundtrack from an IRA statement on British oppression in Ireland”.
Jeremy then mentioned the Princess Of Wales’ eating disorders, a scene that has sparked much debate.
He light-heartedly stated he was thinking of writing a TV drama based on Reed Hastings, the American billionaire who co-founded Netflix, despite knowing very little of him.
“[He] is responsible for The Crown being made and shown,” Jeremy said.
“… And we’ll see how he likes it. Not much, is my guess.”
The television star added: “I simply cannot enjoy this series of The Crown at all because I keep thinking that the made-up scenes could be watched by Harry and William, or Charles or Camilla, or Carol Thatcher.