Verstappen is still trying to line up a drive for 2004
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Jos Verstappen will not race for
Minardi next season, the Dutch driver's major sponsor has confirmed.
Earlier, Minardi boss Paul Stoddart said Verstappen still had a small chance of joining their 2004 team.
But Verstappen's sponsor have stated: "It has been definitively decided Jos will not be part of the Minardi team."
Verstappen's backers said they lacked confidence in Minardi's ability to improve the car's performance - the team scored no points last season.
Minardi boss Paul Stoddart had already admitted it was a "90%" certainty that Hungarian Zsolt Baumgartner would get the remaining spot at Minardi.
But he also left the door open, saying: "It is a provisional deal. Jos has still got an outside chance here if something goes wrong."
Verstappen drove for Minardi last season, bringing important Dutch sponsorship with him.
But the 31-year-old must now look to Jordan if he wants to stay in Formula One as no other team has a vacancy.