Although it is understood that the decision is not based entirely on what happened at Monaco, the recent events did play a part in the decision that it would be best for them not to continue into 2025.
Speaking about the decision, Ocon said: “It’s been a significant period of my life to be racing at this team in Formula 1.
“While I’ve been here for five years as a full-time racing driver, my professional career started at Enstone back when I was a teenager, so it will always be a special place for me.
“We have had some great moments together, some tough moments as well, and I am certainly grateful to everyone at the team for these memorable times.
“I will announce my plans very soon but, in the meantime, my full focus is on delivering on track for this team and having a successful remainder of the season.”
More to follow.