Panasonic Toyota Racing announced today that Olivier Panis has decided to leave the team at the end of 2006 and thereby put an end to his twelve-year Formula One career.
Olivier, whose test driver contract expires at the end of this year, explained: "Toyota has made much progress and I am happy to have been a part of this. The team was always very motivated and still is. I am really positive about the job the whole team has done and will miss everyone I have worked with, yet I know that it is time for me to move on and fulfil my wish to race again. I am looking forward to new racing challenges outside Formula 1 but I will keep a close eye on Toyota's performance and hope they achieve all the success they deserve."
The team extends its thanks and gratitude to Olivier for his support over the last four years and wishes him all the best for his future endeavours.