Ferrari have ended speculation surrounding Fernando Alonso's future - with their outgoing president confirming he will cut short the Spaniard's contract at the end of the season.
Alonso was widely rumoured to be leaving the team he has been part of since 2010, but Luca Di Montezemolo finally provided confirmation that he would be heading for the exit on Italian television.
'Fernando is leaving for two reasons,' Di Montezemolo said. 'One, he wants another environment. Two, because he is an age when he cannot wait to win again.
Ferrari's Fernando Alonso (right) says it is 'unlikely' that he will be driving for Mercedes next season
Alonso is said to have lost faith in Ferrari's ability to produce a winning car as he currently sits sixth in the drivers' championship with three races remaining.
'He was disappointed that he has not won over these last years and wanted new stimulus.' Di Montezemolo confirmed.
Alonso gave a hint about his Formula One future at Sunday's Russian Grand Prix by saying the decision would seem obvious once announced and he was unlikely to drive for a Mercedes-powered team.
'I'm not in a hurry...I understand the curiosity, and I understand, for the fans, the news that can be around the future,' the Spaniard told reporters.
'But do not worry, do not worry. Just relax, enjoy, and when it's time to know it, you will know it.
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