The 24-year-old Brazilian still has a handful of seats on the F1 grid for next season to go for, but he has decided to move to American and race in NASCAR.
The former Renault Driver was caught up in the infamous 'crashgate' saga after being the driver told to deliberately hit the wall to enable team-mate Fernando Alonso to win the race.
After mulling over his options, Piquet has now taken the decision to race in NASCAR despite his ambition to be a success in Formula One.
"I have spent the last few months carefully evaluating my options for this year," Piquet said on his won website. "I had to choose a path and it was a difficult decision to make.
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