BBC director general Tony Hall announced the news in a statement Wednesday. Clarkson has been on suspension from the series since March 10 following a physical altercation with producer Oisin Tymon on March 4.
"It is with great regret that I have told Jeremy Clarkson today that the BBC will not be renewing his contract," Hall said. "It is not a decision I have taken lightly. I have done so only after a very careful consideration of the facts and after personally meeting both Jeremy and Oisin Tymon."