Schumacher is currently 16th in the drivers’ standings with 12 points.

It has already been confirmed that his German compatriot, Nico Hülkenberg, will take his seat at Haas next season.

Haas Team Principal Guenther Steiner, confirmed that they will be parting ways with Schumacher and they wish him all the best for his career.

“I would like to thank Mick Schumacher for his contribution to the team over the past couple of years,” said Haas Team Principal Guenther Steiner.

“Mick’s pedigree in the junior categories was well known and he has continued to grow and develop as a driver in his time with Haas F1 Team – culminating in his first Formula 1 points-scoring successes earlier this season.

“While choosing to go in separate directions for the future, the entire team wishes Mick well for the next steps in his career path and beyond.”

On Hülkenberg making a return to the sport, Steiner, said that he is pleased to welcome the driver back.

“I’m naturally very pleased to be welcoming Nico Hulkenberg back to a full-time racing role in Formula 1.

“The experience and knowledge base Nico brings to the team is clear to see – with nearly 200 career starts in Formula 1 – and a reputation as being a great qualifier and a solid, reliable racer. These are attributes, which when you pair them together with Kevin Magnussen’s experience, gives us a very credible and well-seasoned driver line-up which we believe will help push the team onwards up the grid.

“That’s obviously the goal and it was that ambition that has prompted Nico’s return to Formula 1 – he shares our vision and can be a key player, together with the rest of the team, in building on the foundations we’ve laid this year with our return to the points battle.”

It is believed that the Williams boss Jost Capito has considered Schumacher as one of their options to replace Nicholas Latifi for 2023.

The 2022 season will conclude on Sunday with the Abu Dhabi Grand Prix.

Morgan Piek OFM Sport