GP2 veteran Johnny Cecotto has announced his retirement from motorsport having not been able to secure sponsorship from his country’s government.
The Venezuelan revealed on his Twitter account that he will no longer compete in motor racing and thanked his fellow countrymen and women for their support.
Translated into English, Cecotto said: “Thanks to all Venezuelans who supported me. Today my career ends without having received a response from President @nicolasmaduro.”
Cecotto’s financial problems have long been known and he had made a number of visits to the President of Venezuela to seek state sponsorship. The latest attempt to secure funding – made this week – wasn’t fruitful.
The 26-year-old made his debut in GP2 back in 2009 with David Price Racing. He carried on in the Series the following year, this time with Trident. It took another year in the of racing with Ocean before a switch to Addax saw him finally win a race in 2012.
A return to Trident in 2014 saw Cecotto challenge for the title but his consistency only saw him finish the year fifth in the Drivers’ Standings.
This year Hilmer Motorsport, Trident and Carlin have sought the Venezuelan’s services and his final result in the Series was a 13th place last time out in Italy.