Albury born Supercars driver David Reynolds will change teams for the 2021 season.
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Reynolds signed a well-publicised 10-year contract with Melbourne-based Erebus Motorsport a year ago.
He said it was a tough decision to leave Erebus after he helped the team rise the past five years since its transition from Mercedes, which included a win in the prestigious Bathurst 1000 in 2017.
"My preference has been to stay at Erebus but unfortunately it is time for me to move on," Reynolds said.
"I have really enjoyed my time with the team and leaving has been a very difficult decision to make.
"The team are a fantastic bunch of people that I've built really strong relationships with over the past five years and I am proud of what we have been able to achieve together."
Erebus issued a statement on Wednesday to say the Bathurst winner will not continue with the team in 2021.
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Team owner Betty Klimenko said it was unfortunate that both parties were unable to continue together but wished Reynolds all the best for the future.
"David has been a significant part of our team since we moved to Melbourne in 2016," she said.
"We have shared a lot of success together including winning the 2017 Bathurst 1000 and we thank David for all his efforts.
"However, unfortunately David has decided that his future lies elsewhere, and we do not wish to stop him taking another path.
"David needs to do what is best for him and we need to do what is best for our team's future and long-term stability.
"Unfortunately, we were unable to come to an agreement and we have had to go our separate ways.
"We wish David and his new family all the best for their future."
It has been strongly rumoured that Reynolds will sign with Kelly Racing to replace recently-retired team owner Rick Kelly in one of the team's Ford Mustangs.
It's also thought that his engineer Al McVean and major sponsor Penrite Oil will follow him.
McVean was instrumental in helping Erebus find race-winning pace after struggling in their early years with the Holden Commodore and would be key for Reynolds to get back up with the front runners after a winless in 2019 and 2020.
He fell to 12th in the drivers' championship this year, his worst finish to a season since joining the team in 2016.
Announcements confirming Reynolds' future should be made in the next week.