Silverstone: Former Grand Prix winner David Coulthard, at 37 the oldest driver in Formula One, announced on Thursday his retirement at the end of the season.

“I would like to announce today (Thursday) my decision to retire from racing in Formula One at the end of this season,” the Red Bull driver said in a statement issued before his home British Grand Prix.

“I will remain actively involved in the sport as a consultant to Red Bull Racing focusing on testing and development of the cars.”

“I have an open mind as to whether or not I will compete again in the future, in some other form of motorsport, so I am definitely not hanging up my helmet,” added the Scot, expected to be replaced by Sebastian Vettel.

Vettel is currently racing for Red Bull’s Ferrari-powered Toro Rosso sister team.