Mumbai, July 18: Formula 1 driver Kevin Magnussen will leave Haas at the end of the season when his contract expires, the team said on Thursday. The 31-year-old Magnussen is competing in his seventh season with the American team, starting 135 grand prix across two spells, from 2017-20 and 2022-24. The former McLaren and Renault driver achieved a career-high ninth in the drivers' standings for Haas in 2018. He has five points this season. Haas did not say who is going to replace Magnussen. Formula One Circuits at Austin, Miami Keep Sprint Races for F1 2025 Season; Belgium’s Spa-Francorchamps Replaces Austria Grand Prix As Per New Schedule For Upcoming Season.

“I'm proud to have raced for such a great team of people these last few years," he said. "While I'm looking forward to the next chapter of my racing career, I remain fully focused on giving everything I've got for the rest of 2024."

On the eve of the Hungarian Grand Prix, team principal Ayao Komatsu said he hopes they can “find a way to keep working together in some capacity.”

News of Magnussen's departure came after Oliver Bearman signed a multiyear deal with Haas from 2025 onward. The 19-year old British driver will take the seat vacated by German driver Nico Hulkenberg, who is joining Sauber at the end of the year ahead of its rebranding to Audi for 2026.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)