Haas has announced that Kevin Magnussen’s long-standing partnership with the team will come to an end when he departs at the end of the 2024 Formula 1 season.
Magnussen’s stint with Haas began in 2017 upon a move from Renault and his second season with the side saw it ascend to fifth in the Constructors’ Championship.
However, the American outfit was unable to build upon that as a slump and the subsequent pandemic saw Magnussen and team-mate Romain Grosjean exit in 2020.
The Dane completed an unexpected return, though, in 2022 to replace the ousted Nikita Mazepin and capitalised on new technical rules to log a fifth place in Bahrain.
But Magnussen has struggled to match current team-mate Nico Hulkenberg, who will be moving to Sauber in 2025, since he took Mick Schumacher’s place last term.
Haas’ announcement earlier this month that Ferrari prospect Oliver Bearman will progress to a race seat means that the side will have a revised driver line-up in 2025.
The Kannapolis-based squad has not revealed who will partner the Briton next season, but outgoing Alpine driver Esteban Ocon is rumoured as the leading candidate.
“I’d like to thank Kevin for everything he’s given us as a team – both on and off the track,” Haas Team Principal Ayao Komatsu said.
“He’s truly been a bedrock of our driver line-up over the years. Nobody’s driven more races for us and we’ve had some memorable highlights together – not least a remarkable fifth place finish at the Bahrain Grand Prix in 2022 when Kevin returned to start his second spell with the team.
“He wasn’t expecting to be driving a Formula 1 car that weekend, but he put in a remarkable performance that was a tremendous boost to the entire organization and once again showcased his own talents behind the wheel.”
“There’s plenty of racing to go this year so I’m looking forward to seeing what else we can achieve with Kevin as we push together in the championship.
“Beyond that, and with Kevin’s special relationship with the team, I’m hoping we can find a way to keep working together in some capacity.
“We can hopefully define that in the near future, but his extensive experience in Formula 1 and knowledge of our working operations are undoubtedly of value in our on-going growth and development.”
Magnussen disclosed earlier this term that he has options elsewhere to continue in the sport, with Alpine, Sauber/Audi and Williams all still boasting available places.
“I’d like to extend my thanks to everyone at MoneyGram Haas F1 Team – I’m proud to have raced for such a great team of people these last few years,” Magnussen added.
“In particular I’d like to thank Gene Haas for his commitment to me, notably in bringing me back once again in 2022 when I thought, at that time at least, my time in Formula 1 had ended.
“I’ve enjoyed some great moments with this team – memories I’ll never forget.
“While I’m looking forward to the next chapter of my racing career, I remain fully focused on giving everything I’ve got for the rest of 2024 with MoneyGram Haas F1 Team.”