Kevin Magnussen has confirmed he is on his way out of McLaren.
The 23-year-old, who raced for the team last season, mentioned his impending departure from the team on Twitter.
“I want to say thank you to my friends at McLaren,” said Magnussen “There are a lot of great people there. Good luck guys.”
“Shame it didn’t work out,” he added, “but I’ll never give up on the dream”.
McLaren CEO Ron Dennis praised Magnussen’s “very impressive and professional job” at the team.
“In 2014 he raced very well alongside Jenson [Button], who is a hugely experienced and very quick world champion. Kevin’s grand prix debut in Melbourne last year was rewarded with a podium that day that he, and we, can be justifiably proud of.”
“He is extremely keen to return to racing next year,” Dennis added, “and in keeping with our tradition with our young drivers, we will not stand in the way of his ability to fulfil his ambition and potential.”
Magnussen’s most recent race appearance came at this year’s Australian Grand Prix as a substitute for the injured Fernando Alonso. However a technical problem kept him from starting the race.
Twelve months earlier Magnussen caused a stir by finishing on the podium on his debut at Albert Park. That proved the high point of his and the team’s season, and at the end of the year Magnussen was squeezed out of the team’s driver line-up when Alonso joined.
McLaren kept Magnussen on as a test and reserve driver this year, but with Alonso and Button contracted to drive again next year, Magnussen will have to look elsewhere to find a race seat.
“He is a very talented racing driver,” Dennis added, “and he deserves to have a Formula One career as Jenson has publicly said.”
“Evidently, we have no space for him at McLaren-Honda as a race driver next year, but there is no shame in being edged out by two world champions, Fernando and Jenson. We wish Kevin well, and will do all we can to help him successfully embark on the next chapter of his racing career.”
Magnussen was part of the team’s young driver programme and was promoted to the squad off the back of his Formula Renault 3.5 championship victory. Fellow McLaren junior Stoffel Vandoorne, who was runner-up to him that year, won the GP2 title last weekend.
2016 F1 season
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- Brawn among key F1 hires announced by Liberty
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