The sensational move means that Sainz will leave the Maranello squad after four seasons – which has seen him grab his two victories in F1 – and is left without a seat for 2025.
The Spaniard has been previously linked with a move to Audi for the 2026 season and has been one of the names mentioned in the running to take Hamilton’s seat at Mercedes.
It should be noted however that the Spaniard has previously played down these rumours, saying that it is common for his father to talk with other team bosses.
Speaking prior to the opening race of the season in Bahrain, Sainz said: If you saw, my dad went to say hello to [Red Bull chief] Helmut Marko. You need to remember he has a great relationship with him in the same way we have a good relationship with Toto.
“With everyone in the grid it is normal at this stage of the year. But also, we haven’t seen each other for three or four months or so you’re going say hello to each other.”