Pastor Maldonado has confirmed that he will be leaving F1, with Kevin Magnussen set to replace him at Renault factory F1 team.
Maldonado has now released a statement announcing that he will not be racing in Formula 1 in 2016.
“As everyone knows, in recent days, there have been a number of rumours about my immediate future in Formula 1,” he said.
“Today I most humbly inform you I will not be present on the starting grid for the 2016 F1 season.”
“Thanks for all your messages of support, passion and concern for my future.
“I feel very honoured, with the support of all of you and proud of my professional performance.
“I thank God, my family, my sponsors, my friends, my fans and all who have helped me realise this great dream of being able to represent Venezuela in the pinnacle of motorsport.
“See you soon.”
Maldonado has started 95 races and won the Spanish Grand Prix for Williams, the British team’s last victory, in 2012 but his career has been blighted by number of crashes and errors.
Total penalties –
That’s an average of one every 2.4 races
Penalty data source: maldonadopenaltycounter.com