Latifi made his Williams debut at the start of the 2020 season on a three-year contract, but struggled to match teammates George Russell and Alex Albon for level during his time on the team.
The Canadian’s departure was widely expected for a number of months, but Williams confirmed the news on Friday, revealing that his contract would not be extended.
Williams said she would announce Latifi’s replacement for Albon’s teammate “in due course”.
“I would like to take this opportunity to thank everyone at Williams Racing – all the people who have gone back to the factory and those I’ve been working with on the racetrack – for the past three years,” Latifi said in a statement.
“My first Formula One debut was postponed due to the pandemic but we eventually started in Austria and although we didn’t get the results together that we hoped to have, it was a fantastic journey.
“Getting those first points in Hungary last year was a moment I will never forget, and I will move on to the next chapter of my career with special memories of my time with this dedicated team. I know none of us will stop participating in every effort until the end of the season.”
Latifi failed to score any points during his first full season with Williams as the team struggled at the back of the net. His first Formula 1 result reached Hungary last year when he finished seventh, helping Williams to score his first points in more than two years.
But after his crash at the conclusion of last year’s Abu Dhabi season and the subsequent safety car impact on the championship, Latifi was subjected to death threats and major online abuse, which affected him mentally.
Nicholas Latifi, Williams FW 44
Photo by: Glenn Dunbar/Sports Images
Latifi has failed to finish above the No. 12 race so far this season, while Albon and Nyck de Vries – who seconded for Albon at Monza – have both managed to score points for Williams.
Just Capito, President of Williams Formula 1, praised Latifi as “a great team player who has a great attitude towards his teammates and his work and is admired and respected by people throughout the business.”
“Our time together is now coming to an end, but I know he will do everything in his power to maximize what we can do together for the remainder of this season,” Capito said.
“We wish him all the best in his future, both in and out of the cockpit.”
Latifi said in Zandvoort that he will not consider any other racing options for 2023 until his future with Williams is decided, but the chances of staying on the Formula 1 grid look remote.
Williams is known to be considering de Vries for a full-time seat in 2023, but the team faces competition from both Albin and Alpha Tauri for the Dutchman’s signature.
Another option for Williams is one of the academy’s drivers, Logan Sargeant, who is currently racing in Formula 2 and needs fifth place to gain an edge.