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Maldonado confirms F1 exit, Magnussen set for Renault

 XPB Images Pastor Maldonado has confirmed he will not be racing in F1 this season, with Kevin Magnussen replacing him at Renault. Maldonado's seat came under threat as a result of late payments from backer PDVSA following economic turmoil in Venezuela, with Renault attempting to resolve the dispute over the winter. However, a final deadline failed to see an agreement reach, leading the team to move to replace Maldonado. Maldonado has now posted a statement via his Twitter account to confirm to his fans that he will no longer be racing in F1. "Today I most humbly inform you that I will not be present at the starting grid for the 2016 F1 season," Maldonado wrote....
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9y ago from F1i.com 0
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