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Pastor Maldonado has confirmed he will not be in Formula 1 for the 2016 season. The South American was scheduled to drive for the rebadged Renault team in the upcoming campaign but has lost his seat after his sponsors fell behind on payments.Maldonados principal backers, the Venezuelan state-owned oil company PDVSA, are believed to have paid around £20m annually for the 30-year-olds seat. However, the countrys economy has collapsed in recent weeks amid falling oil prices. Today with the utmost humility I inform you that I will not be present at the starting grid for the 2016 F1 season, Maldonado confirmed in a message to his Twitter followers.Thanks for all your messages of support, passion and concern for my future. I feel very honoured with the support of all of you and proud of my professional performance.Renault, who announced that Maldonado would be staying on for 2016 four months ago, are yet to comment. But the team will hold a media launch event on Wednesday in Paris in which they are expected to confirm that Kevin Magussen, who left McLaren in December, will partner rookie Jolyon Palmer for the new season.Backmarkers Manor are the only other team yet to confirm the identity of their 2016 driver line-up.However, Maldonado has ruled himself out of filling a vacancy at the backmarkers, bringing down the curtain on a five-year F1 career which has been defined by controversy and collisions. Prior to leaving the Williams team for Lotus two years ago, he accused the Grove outfit of sabotaging his car ahead of the 2013 US GP and, unable to shrug off the tag of being a pay driver, a website was launched to keep a timetable of his many crashes. Pastors craziest F1 moments But was Maldonado always to blame in 2015? Whatever you think of rights or wrongs of his time in F1, Pastor was a race winner and a nice guy, commented Sky F1s David Croft.Despite winning the 2012 Spanish GP and displaying impressive flashes of speed, Maldonado struggled alongside Romain Grosjean following his transfer to Lotus. In 2015, he only out-qualified Grosjean twice - the worst such tally of any driver on the grid - and scored half as many points as the Frenchman.Renaults launch ceremony will be streamed live on Sky Sports Digital platforms on Wednesday with the team set to unveil their new car and livery as well as Maldonados replacement. In 95 races, Maldonado won once but finished in the points just 14 times Whos where in 2016Mercedes: Lewis Hamilton and Nico RosbergFerrari: Sebastian Vettel and Kimi RaikkonenWilliams: Valtteri Bottas and Felipe MassaRed Bull: Daniel Ricciardo and Daniil KvyatForce India: Nico Hulkenberg and Sergio PerezLotus/Renault: Jolyon Palmer and TBCToro Rosso: Max Verstappen and Carlos SainzSauber: Felipe Nasr and Marcus EricssonMcLaren: Fernando Alonso and Jenson ButtonHaas: Romain Grosjean and Esteban GutierrezManor: TBC Every race live in 2016 Sky Sports F1 brings you every race live in 2016. Fast and easy online upgrade - click here Also See: Maldonados craziest F1 moments F1 gossip column Authentic NHL Jerseys . Patrice Bergeron and Daniel Paille scored 20 seconds apart a few minutes after Stamkos was taken off the ice on a stretcher with a broken right leg, and the Bruins beat the Lightning 3-0 on Monday afternoon. NHL Jerseys .com) - Following a late-game loss to the reigning NBA champs, the Toronto Raptors will look to sustain their recent high-level play as they travel to Indiana to take on the Pacers. https://www.cheapnhljerseysjustwholesale.com/ . Pierce was ejected in the third quarter of Indianas 103-86 win Monday. George Hill stole a bad pass and was going in for a layup, and Pierce hustled back and appeared to be trying to wrap him up. Cheap NHL Jerseys . LOUIS -- The New Orleans Saints looked like a team playing out the string. NHL Jerseys China . In the lead up - which seemed to begin the moment Mike Geiger blew the whistle in Houston last Thursday night - the Impact rumour mill went into overdrive. The speculation went into meltdown mode, of the golden nugget variety. North Melbourne have confirmed that Jack Ziebell will be their new AFL captain.Robbie Tarrant, who won his first club best and fairest award this season, will be Ziebells deputy.Ziebell will take over from Andrew Swallow, who had been their skipper for the last five seasons.Swallow stepped down at the end of this seaason.dddddddddddd.Ziebell, 25, joined Norths leadership group four years ago and was long considered the successor to Swallow.Ziebell and Tarrant will front the media on Friday afternoon. ' ' '