David Coulthard is expected to announce at the British Grand Prix that he will retire from racing in Formula One at the end of the season.
The 37-year-old Scot, who has won 13 races in a 14-year career, has admitted recently to considering his future.
He is participating in an official News conference at Silverstone on Thursday and may make the announcement there.
Coulthard, who has driven for Williams, McLaren and Red Bull in F1, was unavailable for comment.
It is not known whether he will continue to be involved in the sport, although newspapers have speculated that he might take on a role as a TV commentator with the BBC next season.
He might also have the option of continuing with his Red Bull team as a consultant and occasional test driver, in a similar fashion to the role his former rival Michael Schumacher has at Ferrari.
Coulthard has made it clear ahead of the British Grand Prix that he still loves driving F1 cars, but admitted it was to be expected that people should question his future in the sport.
I am absolutely Gutted. It was bound to happen sooner than later, but hes been helping Red Bull move forwards in leaps and bound. Plus hes the second most successful British driver in F1 at the moment, cos the others cant hack it.
Michael Schumacher Retiring meant nothing to me, but this....
conference at Silverstone on Thursday and may make the announcement there. 
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