Kevin Magnussen will leave Haas at the end of the 2024 Formula 1 season.

The news was made official by the team overnight, with the Dane's contract to expire and not be renewed by the team.

The veteran is in his seventh season with Haas, having raced for the team between 2017 and 2020, and again from 2022 to this season. He didn't have a drive in 2021, returning to the team after Nikita Mazepin was fired.

The move means Haas will have a completely new line up in 2025, given teammate Nico Hulkenberg will move to Sauber for the new season - that team will eventually be known as Audi.

Magnussen has struggled on the results front this season with Haas, scoring just five points to date. Hulkenberg, his teammate, has managed 22 thus far.

โ€œI'd like to thank Kevin for everything he's given us as a team โ€“ both on and off the track,โ€ Haas boss Ayao Komatsu said in a statement announcing the news.

โ€œHe'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 โ€“ 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.

โ€œHe 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.โ€

The 31-year-old, a former McLaren and Renault driver, will now join a list that includes the likes of Daniel Ricciardo and Carlos Sainz in looking for a drive next year, while it's tipped Esteban Ocon will take the drive at Haas.

That in itself will open up a drive at Alpine, where Ocon currently races.

Ocon, 27, has reigstered just three points so far this year driving for the Alpine tream, where he has been since 2020. His best finish at the end of an F1 season is eighth spot, a mark he managed with Force India in 2017, and again with Alpine in 2022.

A previous Formula 3 champion, Ocon's likely move continues to shake things up, with free drives also available at Sauber alongside Hulkenberg, Mercedes alongside George Russell, Honda alongside Yuki Tsunoda and Williams alongside Alexander Albon.

Hulkenberg has already been announced to be replaced by Englishman Oliver Bearman at Haas.