Although Latifi entered the Formula 1 grid after his second result in the Formula 2 Championship, his time at Williams was anything but a success.
The Canadian has all too often been running at the very back of the field, scoring just seven points in 55 starts, with pundits almost constantly questioning his future.
The last straw was the Italian Grand Prix when Latifi, still pointless this season, was beaten by debutant Nyck de Vriesthe latter crossed the line in ninth.
But while Williams initially stayed with their driver, team boss Jost Capito went so far as to say Last year’s crash in Abu Dhabi was a blow to his driver’s confidencethe call is now made.
Latifi has thanked Williams for his three seasons with the team.
“I want to take this opportunity to thank everyone at Williams Racing – all the people at the factory and those I work with on the track – for the past three years,” he said.
“My first F1 debut was postponed due to the pandemic, but we finally got to work in Austria and although we didn’t get the results we hoped together, it’s been a fantastic journey.
“Getting those first points in Hungary last year was a moment I will never forget, and I will move on to the next chapter of my career with special memories of my time with this dedicated team.
“I know none of us will stop doing everything we can until the end of the season.”
Latifi didn’t disclose his 2023 plans, and neither did Capito.
“On behalf of the entire team, I would like to say a huge thank you to Nicholas for his three years of hard work with Williams”, said the German team boss.
“He is a great team player who has a great attitude towards his colleagues and work and he is loved and respected throughout the company.
“Our time together is now coming to an end, but I know he will do everything he can to get the most out of our team for the rest of this season.
“We wish him all the best for his future, both in and out of the cockpit.”
Williams is said to be considering junior driver Logan Sargeant as well as De Vries while Mick Schumacher’s name has also been thrown into the mix.