Mick Schumacher, son of Ferrari great and seven-times world champion Michael, will be without a full-time Formula drive next season after the US-owned Haas team announced his departure on Thursday.
The 23-year-old German is expected to be replaced by older compatriot Nico Hulkenberg alongside Danish driver Kevin Magnussen.
Schumacher made his debut with Haas last season after winning the 2020 Formula Two title but was out of contract after this weekend's final race at Abu Dhabi's Yas Marina.
A member of Ferrari’s young driver academy, Schumacher was involved in costly crashes early in the season but has also scored his first F1 points this year with the best finish of sixth.
He is 16th in the overall standings with 12 points.
Haas team boss Guenther Steiner thanked Schumacher and wished him well.
"Mick’s pedigree in the junior categories was well known and he has continued to grow and develop as a driver in his time with Haas F1 team," Steiner said in a statement.
"While choosing to go in separate directions for the future, the entire team wishes Mick well for the next steps in his career path and beyond."
Ferrari-powered Haas are eighth of the 10 teams in the overall standings.
Formula One stewards handed Haas rookie driver Oliver Bearman a 10-place grid drop for his first home British Grand Prix for failing to comply with red warning flags in Saturday's final practice.
Seventh seed Mirra Andreeva outclassed American Hailey Baptiste 6-1 6-3 under the Court One roof to equal her best Wimbledon run by reaching the last 16 on Saturday.
Carrying a red floral wreath bearing his shirt number, Diogo Jota's Liverpool teammates joined relatives and residents in a small Portuguese town on Saturday for the funeral of the football star, who died with his brother in a car crash on Thursday.
An 83rd-minute Weverton own goal from a deflected Malo Gusto cross gave Chelsea a nervy 2-1 win over a spirited Palmeiras side in the Club World Cup quarter-finals on Friday.
Women's top seed Aryna Sabalenka fought off inspired home favourite Emma Raducanu in a cauldron-like Centre Court atmosphere to keep her Wimbledon quest on track but it was the end of the road for two other Grand Slam champions on Friday.