( CNN ) -- Young German driver Nico Hulkenberg is looking for a new Formula One team after failing to agree a contract extension with Williams , the motorsport 's official website reported on Monday . While the British-based team has retained veteran Brazilian Rubens Barrichello for 2011 , the 23-year-old Hulkenberg will seek a new race seat following an impressive rookie season . `` I heavily regret that , because I would have been happy to stay with Williams , '' said Hulkenberg , who secured the team 's first pole position since 2005 in Brazil this month . `` I want to thank the team for a great time and I wish Williams all the best for the future . '' His agent Willi Weber , who also represents seven-time world champion Michael Schumacher , said the 2009 GP2 Series winner would remain in motorsport 's elite class next year . `` Nico will have his seat in F1 in 2011 , '' Weber told the official website . Williams finished the season in sixth place overall , repeating last year 's effort , despite not scoring any points at the final race in Abu Dhabi on Sunday . The 38-year-old Barrichello was 12th to finish 10th in the drivers ' standings on 47 points in his first season at Williams , while Hulkenberg -- Williams ' test driver for two years before making his F1 debut this year -- was 16th to be 14th overall on 22 points . `` 'First , I would like to thank Nico for his hard work this year , and before that in preparing himself for Formula One , '' team boss Frank Williams told his outfit 's official website . `` We are very proud to have supported him as he secured the Formula 3 and GP2 titles and during his debut in Formula One . At Williams we have for many years tried to bring new talent into the sport , and we are convinced that Nico will go on to great things . We wish him well and hope that our paths will cross again in the future . `` We recruited Rubens to Williams knowing that he would bring technical expertise , experience and passion . He has delivered everything we could have hoped for this season and we are delighted to confirm that he will drive for us again in 2011 . '' Williams said Barrichello 's teammate for his 19th season driving in F1 will be announced before the end of this year .
Rubens Barrichello leaves Williams after contract negotiations for end of year break down . British team will retain veteran Hulkenberg and name new driver by end of year . Hulkenberg had an impressive rookie season , claiming pole position in us . The drivers helped Williams to retain First place in the constructors ' standings .