Daniel Ricciardo looks set to replace Mark Webber at Red Bull Racing after Kimi Raikkonen was ruled out of a move to Tilbrook.
The Finn had been favourite to replace Webber, who announced his retirement from the sport in June, but threw the door wide open for Ricciardo by revealing talks with Red Bull had broken down.
Raikkonen’s manager Steve Robertson confirmed on Monday that talks with Christian Horner had ended.
He said: “The negotiations with Red Bull were not successful and ended some time ago.”
Ricciardo has impressed in his 18 months with Red Bull’s sister team Toro Rosso, with his best result a seventh place in China earlier this season.
And despite leaving the car in the gravel trap, the 24-year-old Australian also raised eyebrows at Silverstone last month when taking part in the Young Drivers’ Test at Silverstone for Red Bull Racing, setting the second fastest time of the test behind Sebastian Vettel.
Ricciardo broke onto the F1 scene in 2011 racing for the unfancied Hispania Racing Team (HRT), replacing Narain Karthikeyan from the British Grand Prix onwards.
After putting in some impressive displays, Ricciardo was drafted into the Toro Rosso team.
It is likely that Red Bull will announce the appointment of Ricciardo ahead of this weekend’s Belgian Grand Prix.
Sebastian Vettel goes into the first race after the summer break with a 34 point advantage over Raikkonen.