Kevin Magnussen is set to leave the MoneyGram Haas F1 Team for a second time! The 31-year-old Danish Formula 1 racecar driver’s contract is up at the end of the 2024 racing season and it will not be renewed. Kevin‘s exit from the team comes just ahead of the upcoming 2024 Hungarian Grand Prix weekend, which kicks off with the first practice on Friday (July 19). Keep reading to find out more… “I’d like to extend my thanks to everyone at MoneyGram Haas F1 Team – I’m proud to have raced for such a great team of people these last few years,” Kevin shared in a statement. “In particular I’d like to thank [owner] Gene Haas for his commitment to me, notably in bringing me back once again in 2022 when I thought, at that time at least, my time in Formula 1 had ended.
I’ve enjoyed some great moments with this team – memories I’ll never forget.” “While I’m looking forward to the next chapter of my racing career, I remain fully focused on giving everything I’ve got for the rest of 2024 with MoneyGram Haas F1 Team,” he added. RELATED: 2025 Formula 1 Driver Contracts Revealed – 8 Drivers Extend Contracts, 2 Drivers Switch Teams & 7 Drivers’ Future Unknown “I’d like to thank Kevin for everything he’s given us as a team – both on and off the track,” team principal Ayao Komatsu said. “He’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 – 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.” “He 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
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