UPDATE: Jeremy Clarkson's contract with the BBC has not been renewed.
Apparently the BBC decided to fire Clarkson after an internal investigation found he attacked the producer after verbally abusing him for 20 minutes.
The Telegraph doesn't cite any particular source, but goes on to say that BBC director-general Tony Hall will announce Clarkson's firing soon.
Clarkson was already on his last warning from the BBC after drawing fire over a string of inflammatory remarks.
Most damaging have been accusations of using the N-word in leaked footage, something the presenter has denied. He was also accused of making a racially offensive comment about an Asian man.
In BBC Worldwide's 2013-2014 financial report, "Top Gear" was listed as one of its most important shows, both in the U.K. and internationally.
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