Sebastian Vettel will leave Ferrari at the end of the season after both sides agreed not to renew his contract for the 2021 Formula One season.
The news broke late on Monday night in the German media, with confirmation coming from Ferrari on Tuesday. A statement from the team said it was a joint decision and Vettel said money was not a defining factor.
As recently as last month, Vettel had said he expected to sign a new contract with the team before racing resumes later this year, but talks appear to have stalled in the meantime.