By Glenn Freeman Saturday, November 3rd 2007, 13:28 GMT
Mika Hakkinen has decided to retire from racing in the DTM, the Finn announced on Saturday.
The former Formula One world champion has competed in the series for the past three years with Mercedes, scoring a total of three victories in that time.
"It's time for me to stop racing in the DTM," Hakkinen said at the Mercedes-Benz 'Stars & Cars' event in Stuttgart. "That's the bad news.
"The good news is for the other competitors, they can have some peace on the track now."
Hakkinen added that while he was retiring from racing, he will remain involved with Mercedes in some form.
"It's been great racing in the DTM," he said. "I won't stop doing things with Mercedes though. We will announce something soon."
