Jaime Alguersuari says F1 has become an auction after failing to secure a 2013 drive

Spaniard also admits he was shocked at being dropped by Toro Rosso

By William Esler.   Last Updated: 18/02/13 12:18pm

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Jaime Alguersuari has blasted the 'F1 auction' after failing to secure a spot on the grid for the 2013 Championship.

The Spaniard was axed by Toro Rosso at the end of the 2011 season after two-and-a-half years with the side as Red Bull opted for a complete revamp of the driver line-up at their junior team.

Having spent a year on the sidelines, the 22-year-old had hoped to return to the sport this year and in September tweeted that, "Soon you'll all know where I will be driving next year."

However, those plans have not materialised and Alguersuari admits he was convinced he had secured a drive with a regular points-scoring team but feels money has now become a deciding factor.

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"I never imagined that after Red Bull's incomprehensible decision not to count on me in 2012, having done my best sporting season in F1, I would have to fight so much outside the track to finally assume that in 2013 I will not be in F1," the Spaniard said in a statement.

"I assure everyone that I have been convinced most of the 2012 F1 season that my seat was secured in a team that usually scores. So they did tell me, and I believed it to be true. Due to this conviction I passed up other opportunities in other championships.

"I've looked in faith and longing that the value of my sporting career, and the verbal commitments received, would materialise with my return to F1 in 2013. This has not happened.

"Those who committed themselves with me have given me reasons that I must accept, but that I do not share. F1 has become an auction.

"My sole dream is to drive for a team that allows me to finish in the top five. I will play all my cards the best I can and keep betting for talent, experience and background, no need so say much more."

Alguersuari is not giving up on his F1 dream yet, though, and feels the mileage he has put in as Pirelli test driver make him an asset to any team.

"Is my career over in F1 at 22 years old? Despite everything, I strongly don't think so," he added.

"By waiting for F1, I lost other interesting options, but instead I must thank Paul Hembery from Pirelli Motorsport for his unalterable confidence placed in me, by announcing that he counts on me for the development test.

"So I will continue active in Formula 1, and completing more kilometres than any third driver in this discipline.

"Although Spain's economy is in the worst shape in our modern history, and except for the Bank of Santander, no other company considers Formula 1 as a profitable and sustainable business, I know how old I am, I know my track record, and I'm convinced that I deserve a winning car in F1. And I will keep fighting for it."

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