Rossi leaves Caterham F1, GP2 teams
16 July 2014 – Alexander Rossi has parted ways with the Caterham Formula 1 and GP2 teams with immediate effect.
The American, 22, joined Caterham in 2011, racing for the team in Formula Renault 3.5 and the GP2 Series. He stepped up to a Formula 1 reserve role for 2013, and has since taken part in practice sessions and tests.
Rossi's departure comes shortly after founder Tony Fernandes' decision to sell the Leafield-based outfit to a consortium of Swiss and Middle Eastern investors, overseen by ex-Formula 1 Team Principal Colin Kolles.
Rossi had been contesting GP2 alongside his 2014 Formula 1 duties, but he is to vacate both positions.
"I'm very thankful to everyone at Caterham throughout the time I have worked with the team," said Rossi. "We had meetings over the past couple months with the previous and new management. The decision we took to leave Caterham is the right decision for my career.
"I take with me only the positives from my time there, where I logged considerable F1 mileage, driving each of their F1 cars since Lotus Racing entered the F1 World Championship in 2010. I have proven my abilities in F1 equipment, in both testing and free practice sessions, and I'm ready for the next step."
Rossi says he is still determined to secure a Formula 1 race seat in the future.
"My goal is to be in F1 and add value to the sport," he said. "We have a great opportunity to grow the sport in the States and I believe the timing is perfect. I'm also very pleased to see an American F1 entry, Haas Formula with plans to join the F1 grid in 2016."