French driver Grosjean said in Portugal that the team leader Sternell told them that the end of the contract with them was due to economic considerations.
Affected by the epidemic, F1 teams generally need to increase external funding sources. Grosjean said that at the earliest they knew that one of him and Magnussen would leave the team, but Sternell said: "For financial reasons, I need both of you to leave."
Haas team is expected to bring in at least one paying driver, most likely Russian driver Ma Zeping.
Regarding his future, Grosjean said that he hopes to be able to participate in events that are expected to challenge the championship. Magnussen is interested in IndyCar.