Sebastian Vettel has announced he will leave Ferrari at the end of the year.
The four-time Formula 1 world champion had been in talks to extend his deal with the Italian team for a number of months, but they were unable to agree terms.
While explaining his decision to leave, the German suggested he's been reflecting on what his 'real priorities' are in life away from the sport.
"My relationship with Scuderia Ferrari will finish at the end of 2020," Vettel revealed on Tuesday.
"In order to get the best possible results in this sport, it’s vital for all parties to work in perfect harmony.
"The team and I have realised that there is no longer a common desire to stay together beyond the end of this season.
"Financial matters have played no part in this joint decision. That’s not the way I think when it comes to making certain choices and it never will be.
"What’s been happening in these past few months has led many of us to reflect on what are our real priorities in life.
"One needs to use one’s imagination and to adopt a new approach to a situation that has changed. I myself will take the time I need to reflect on what really matters when it comes to my future.
"Scuderia Ferrari occupies a special place in Formula 1 and I hope it gets all the success it deserves.
"Finally, I want to thank the whole Ferrari family and above all its 'Tifosi' all around the world, for the support they have given me over the years.
"My immediate goal is to finish my long stint with Ferrari, in the hope of sharing some more beautiful moments together, to add to all those we have enjoyed so far."
Vettel will leave Ferrari after five seasons with the team.
Although he never won a Formula 1 Driver's Championship there, his driving was impressive, leading to second-place finishes in 2017 and 2018.
- F1 season could start with back-to-back races
- Fernando Alonso interested in Vettel's Ferrari seat
- Lewis Hamilton deletes post about his Mercedes future