F1: Fernando Alonso to decide F1 future by July

From GMM

Fernando Alonso's second tenure at Renault is likely to end at the close of the current season, according to the latest reports from Spain.

The former world champion signed a one-year contract for 2008, with an option to automatically include 2009 should the French team reach certain performance targets by the British grand prix in July.

But with Alonso , 26, unlikely to be compelled to stay next year, the newspaper Diario Sport claims that he will shortly inform Renault bosses of his intention to move on - probably to BMW -Sauber.

The newspaper said Alonso must contractually either commit to Renault, or inform the team of his intention to leave, no later than July 31.