Wurz confirms retirement

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The 33-year-old Austrian will therefore miss the final race of the season in Brazil on October 21, with his team set to make an announcement on his replacement on Tuesday.

Wurz secured a race seat at the Grove-based Williams team at the start of 2007 and subsequently claimed third place at the Canadian Grand Prix in June, and fourth at the rain-hit European Grand Prix at the Nurburgring one month later.

However, he failed to consistently match the pace of team-mate Nico Rosberg and confirmed his departure from Williams - citing a lack of motivation.

"I would like to announce my retirement from active racing in Formula One," Wurz said in a statement. "In such a hard-fought environment as Formula One, I have always maintained that if you have a moment's doubt about what you are doing then it is time to stop.

"Privately I began to have these thoughts earlier this year and so have decided that now is the time to make my announcement.

"Racing this season has been a real pleasure, especially securing the podium in Canada - which was pretty sweet, along with a number of other strong races - but now it is time to call it a day."