The Mild Seven Renault F1 Team and Jarno Trulli today announced that the Italian driver has been released from his obligations to the team with immediate effect.

Trulli's early departure follows a mutual agreement that this course of action is in the best interests of both parties.

Mild Seven Renault F1 Team Managing Director Flavio Briatore commented: "Once again, we would like to thank Jarno for his contribution to the team over the past three years. The team and Jarno feel that an early separation will allow both parties to conclude the year in the most positive way."

Jarno Trulli commented: "I am very comfortable with this decision. I would like to thank Renault for their support since 2002, and for the success we enjoyed together. I am grateful to the team for releasing me from my obligations, which will give me the opportunity to start with my new team sooner than expected."

The Mild Seven Renault F1 Team will announce its driver line-up for the Chinese Grand Prix in due course.