Sebastian Hohenthal has announced that he is to bring his campaign in the British F3 International Series to an early end with six races still left to run.
The Swedish driver currently lies in sixth place in the championship standings having won on one occasion in 2008, in the second race at Rockingham, but has made the decision to bring his season to an end after seeing his title chances become minimal following the events at Brands Hatch and Spa.
"I am a great believer of the doctrine 'all or nothing'," he said. "I still have a theoretical chance of winning the championship, but theory is sometimes far from reality and I am not a dreamer. Now we all have to face the fact that the chance of winning is too far away.
"I believe that the money I would spend staying in the championship will be of better use somewhere else. I will, however, not give up my racing career just because of my decision to step aside, quite the opposite; instead I will look forward and work out another way to stay racing.
"Unlike many of my competitors at this level, I have no manager and can both choose and stand up for my own decisions. This decision is certainly a tough one to make, but for me racing has always been about being the fastest and my intention has always been to end up as the winner. I am not into racing just because it is fun. I have goals and visions shared together with my sponsors and fans."
Hohenthal added that his decision to curtail his programme wasn't a reflection on the work put in by his Fortec team, which will now focus its attention on Marcus Ericsson and Phillip Major for the remainder of the year.
"No blame whatsoever should fall on my team Fortec Motorsport who I have now been with for four years, including our championship win in Formula Renault 2006," he said. "Until today, every single person at Fortec has been working very hard trying to give me the best car. We have all worked forward trying to test different set-ups and ideas on the car but in spite of this, I am doubtful that we will find the speed we need to fight for the championship."