American racer Alexander Rossi has parted company with both Caterham’s F1 team and the GP2 operation.
Rossi, who joined Caterham in 2011, had been racing in GP2 with the Leafield-based team this season, and went into 2014 as a favourite for the series crown.
However, the American, who had been set to run during opening practice with the F1 team at this year’s United States Grand Prix, announced on Wednesday that he would end his association with Caterham, which was sold earlier this month by Tony Fernandes to a Swiss-Middle Eastern consortium.
The effect is immediate, and the 22-year-old has confirmed that he will not be racing with the Caterham GP2 team in Hockenheim this coming weekend.
“I’m very thankful to everyone at Caterham throughout the time I have worked with the team,” said Rossi. “We had meetings over the past couple months with the previous and new management.
“The decision we took to leave Caterham is the right decision for my career.
“I take with me only the positives from my time there, where I logged considerable F1 mileage, driving each of their F1 cars since Lotus Racing entered the F1 World Championship in 2010.
“I have proven my abilities in F1 equipment, in both testing and free practice sessions, and I’m ready for the next step.”
Despite losing his GP2 ride, Rossi insists that his goal remains on reaching Formula 1, noting his pleasure at the emergence of fellow compatriot Gene Haas’ fledging outfit that intends to enter the sport in 2016.
“My goal is to be in F1 and add value to the sport,” he added. “We have a great opportunity to grow the sport in the States and I believe the timing is perfect.
“I’m also very pleased to see an American F1 entry, Haas Formula with plans to join the F1 grid in 2016.”
Image courtesy of Octane Photographic