David Coulthard has confirmed that he will retire from Formula One at the end of the season.

The 37-year-old Scottish driver announced his decision in a statement released at Silverstone, where he is preparing for the British Grand Prix with the Red Bull team.

Coulthard, who made his F1 debut with the Williams team in 1994 and spent nine years with McLaren, will remain with Red Bull beyond the end of the season. This weekend's grand prix will be his 237rd.

“I will remain actively involved in the sport as a consultant to Red Bull Racing, focusing on testing and development of the cars," his statement read. "I have an open mind as to whether or not I will compete again in the future in some other form of motor sport, so I am definitely not hanging up my helmet.

“My decision to retire was taken earlier in the year and is based on a desire to stop while I am still competitive and enjoying the immense challenge that grand prix driving represents. I also have the desire to look for new challenges within the sport.

“The decision to make this announcement at the British GP should be an obvious one, as I have achieved two of my 13 F1 victories at Silverstone and I am a member of the British Racing Drivers’ Club, which hosts this event.

“I am proud of my work at Red Bull Racing and will continue to race with the same focus until the last lap in Brazil.”

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