Audio By Carbonatix
Lewis Hamilton will leave Mercedes at the end of the 2024 season and join Formula One rivals Ferrari on a multi-year deal in 2025.
The 39-year-old only signed a new two-year deal with Mercedes last summer.
However, it is understood his contract contained a break clause after one year, which the Briton has chosen to activate.
Hamilton said he was "so proud" of the success he had achieved in 11 years with Mercedes.
The seven-time world champion added: "Mercedes has been part of my life since I was 13 years old.
"It's a place where I have grown up, so making the decision to leave was one of the hardest decisions I have ever had to make.
"But the time is right for me to take this step and I'm excited to be taking on a new challenge."
Team principal Toto Wolff said the pairing of Mercedes and Hamilton "has become the most successful the sport has seen".
"And that's something we can look back on with pride," he added.
Latest Stories
-
Indonesians raise white flags as anger grows over slow flood aid
22 minutes -
Why passport stamps may be a thing of the past
33 minutes -
Pope Leo urges ‘courage’ to end Ukraine war in first Christmas address
43 minutes -
Commentary on Noah Adamtey v Attorney General: A constitutional challenge to Office of Special Prosecutor
52 minutes -
GOLDBOD CEO explains ‘Clear Typo’ in Foreign Reserves claim
4 hours -
Trump says US military struck ISIS terrorists in Nigeria
4 hours -
Civil society group calls on BoG to suspend planned normalisation of non-interest banking
6 hours -
King Charles’ Christmas message urges unity in divided world
6 hours -
Jingle bills: Arkansas Powerball player strikes $1.8bn jackpot on Christmas Eve
7 hours -
Brazil ex-President Jair Bolsonaro’s surgery for hernia ‘successful’
7 hours -
Ghana and Afreximbank announce successful resolution of $750 million facility
10 hours -
IGP inaugurates Ghana Police Music AcademyÂ
10 hours -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
10 hours -
Constitution review was inclusive, structured and effective – Prof Prempeh
10 hours -
Public urged to remain vigilant to ensure fire incident-free Christmas Â
10 hours