His place at Ferrari will be taken by seven-time champion Lewis Hamilton in the next season.
However, the Spanish driver Carlos Sainz will not leave Formula 1. The 29-year-old Spaniard has signed a multi-year contract with Williams.
He will race alongside Thai driver Alex Albon.
Williams has won the Constructors’ Championship nine times in the past, with the last victory occurring in 1997.
Many big names in motorsport have driven for the team, and the last world champion for Williams was Jacques Villeneuve in 1997.
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