We are very proud to welcome to our team another winning driver, who has demonstrated his amazing talent by winning two World Championships in his career to date, of course, we wish to thank Kimi for everything he has done during his time with Ferrari: in his first year with us, he managed to win the Drivers’ title, thus making his contribution to Ferrari’s history and he played a vital role in our taking of the Constructors’ title in 2007 and 2008. Even during a difficult season like this one, he has demonstrated his great talent, with several good results, including a great win in Spa and we are sure that we can share more good times together in the final three races of this season.

With common consent, we have agreed to terminate the contract binding me to Ferrari to the end of 2010, one year ahead of schedule, I am very sad to be leaving a team with which I have spent three fantastic years, during which time I won plenty of races. Together, we have won 50% of the world titles in that period and I managed to take the Drivers’ title in 2007, thus achieving the target I had set myself at the start of my career. I have always felt at home with everyone here and I will have many happy memories of my time with the team.

Statements Alonso on his new team

I am very happy to be a Ferrari driver. Driving a car of the Prancing Horse represents a dream for any racing driver, and today I was lucky enough to do it. I want to thank Luca di Montezemolo, Ferrari president from pursuing this agreement. During the past summer we had signed a contract from 2011, but in recent days the situation has changed and we decided to make my arrival at Maranello a year earlier.

All these years have been fantastic Renault, together we have won four world championships (two pilots and two constructors) and 17 of the 21 grands prix I have achieved so far have been with them. I wish the whole Renault team all the luck in the world, and I hope to in the remainder of the season, the highest number of points possible. Once finished the Abu Dhabi Grand Prix, all my energies will be focused on next year: I'm sure next to Philip, we shall give great joy to Ferrari and to his many fans all over the world.