Nicholas Latifi’s seat at Williams will expire at the end of the year.
Since the team’s first race of 2020, the 27-year-old Canadian has competed, but he has had trouble keeping up with teammates George Russell and Alex Albon.
Even if we didn’t get the outcomes we were hoping for, Latifi said: “It’s still been a great adventure.”
Albon’s contract extension until 2023 was confirmed by Williams last month. Williams said they will “in due time” release the identity of the British-born Thai’s 2023 teammate.
“He is a terrific team player who has a great attitude toward his colleagues and work and is widely loved and respected across the company,” said Jost Capito, chief executive officer and team principle of Williams.
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Latifi’s father, Canadian supermarket tycoon Michael Latifi, provided Williams with considerable financial support when he hired him.
The pinnacle of his Williams career came at the Hungarian Grand Prix in 2021, when he broke a two-year points drought for the team by placing eighth.
Latifi ran second in the race’s early laps, and he hung on for his breakout moment. The event was notable for a first-corner collision and the unusual sight of just one driver on the starting line.
Ironically, Russell out-qualified him 20 times in 22 races this season and finished one position in front of him.
Latifi remembered, “Getting those first points in Hungary last year was a thrill I’ll never forget.
I shall carry particular recollections of my time with this committed team into the next phase of my career.
Albon has outperformed Russell just as thoroughly as the Briton did, but Latifi’s switch to Mercedes at the end of 2021 did not help his situation.