Perez signs new three-year F1 deal with Racing Point

Sergio Perez will continue with the Racing Point Formula 1 team next season, taking his spell with the Silverstone-based team into a seventh year and beyond.

Perez signs new three-year F1 deal with Racing Point

Perez has inked a three-year deal with Racing Point, which will keep him at the outfit through to 2022, likely alongside teammate Lance Stroll.

"I’m very excited to extend my partnership with the team for the next three years," Perez said.

"I’ve been working together with this group of people for a long time now and they have become my second family. Together we have enjoyed a tremendous amount of success and we share the same passion for racing.

"I have been impressed with the direction the team has taken over the last 12 months and that gives me confidence for the future. I believe the best times are still to come and I look forward to celebrating plenty of podiums in the years ahead."

 

Perez joined what was then called Force India in 2014, after his sole season with McLaren.

Last year, Force India fell into administration and the team and its resources were taken over and rebranded Racing Point, with Perez retaining his drive alongside the incoming Stroll.

Perez was linked as an option for Haas for next season, having held talks with the American team last year, and potentially had other options away from Racing Point.

He has established himself as one of the most desirable drivers in the F1 midfield because of the combination of his financial backing from Mexico and strong performances.

More F1 driver market news:

Perez and Racing Point have also had a difficult season so far as a legacy of the Force India financial complications last year that were only resolved in August. The Mexican is currently 16th in the drivers' standings, with 13 points to his name.

However, Perez has talked positively about the potential of the Racing Point project and the plans its owners have, like the construction of an all-new development facility.

Both parties had intimated a deal was close, and it has now been confirmed on the eve of the Belgian Grand Prix.

"We know Sergio very well and it’s great to confirm him on a long-term deal," said team principal Otmar Szafnauer.

"Over the last six years we have seen him become a very complete driver with excellent qualifying speed and exceptional race craft.

"Sergio believes in the long-term vision of this project and getting his commitment until the end of 2022 gives us valuable consistency going forward. As the team continues to grow and develop it’s important to have a driver with Sergio’s level of experience, especially with new regulations on the horizon.

"The whole team is thrilled to continue working with Sergio and I believe we can enjoy great success together in the coming years."

shares
comments
Albon had to "rewire brain" to drive Red Bull car

Previous article

Albon had to "rewire brain" to drive Red Bull car

Next article

Red Bull explains reasoning behind Gasly demotion

Red Bull explains reasoning behind Gasly demotion
Load comments
The Mercedes lap that puts F1 victory fight back on a knife-edge Prime

The Mercedes lap that puts F1 victory fight back on a knife-edge

Red Bull led the way after the first two practice sessions for the 2021 French Grand Prix, but only just ahead of Mercedes. There was all the usual practice skulduggery complicating the performance picture, but one aspect seen at the world champion squad gave it a ‘surprise’ lift, as it looks to leave its street-circuit struggles firmly in the past.

How Ferrari got its F1 recovery plan working Prime

How Ferrari got its F1 recovery plan working

After its worst campaign in 40 years, the famous Italian team had to bounce back in 2021 – and it appears to be delivering. Although it concedes the pole positions in Monaco and Baku paint a somewhat misleading picture of its competitiveness, the team is heading into the 2022 rules revamp on much stronger footing to go for wins again

The joy that exposes F1’s key weakness Prime

The joy that exposes F1’s key weakness

Long-awaited wins for ex-Formula 1 drivers Marcus Ericsson and Kevin Magnussen in IndyCar and IMSA last weekend gave F1 a reminder of what it is missing. But with the new rules aimed at levelling the playing field, there’s renewed optimism that more drivers can have a rewarding result when their day of days comes

Formula 1
Jun 17, 2021
The F1 figures Red Bull and Mercedes can't afford to see again Prime

The F1 figures Red Bull and Mercedes can't afford to see again

OPINION: An interloper squad got amongst the title contenders during Formula 1’s street-circuit mini-break, where Red Bull left with the points lead in both championships. But, as the campaign heads back to purpose-built venues once again, how the drivers of the two top teams compare in one crucial area will be a major factor in deciding which squad stays in or retakes the top spot

Formula 1
Jun 16, 2021
Why Alfa's boss is up to the task of securing a stronger F1 future Prime

Why Alfa's boss is up to the task of securing a stronger F1 future

Two tenth places in recent races have lifted Alfa Romeo to the head of Formula 1's 'Class C' battle in 2021, but longer-term the Swiss-based squad has far loftier ambitions. With the new 2022 rules set to level out the playing field, team boss Frederic Vasseur has good reason to be optimistic, as he explained to Motorsport.com in an exclusive interview

Formula 1
Jun 15, 2021
How Barnard's revolutionary McLaren transformed F1 car construction Prime

How Barnard's revolutionary McLaren transformed F1 car construction

The MP4/1 was pioneering by choice, but a McLaren by chance. STUART CODLING relates the tangled (carbon fibre) weaves which led to the creation of one of motor racing’s defining cars

Formula 1
Jun 15, 2021
Why the end is nigh for F1’s most dependable design tool Prime

Why the end is nigh for F1’s most dependable design tool

Wind tunnel work forms the bedrock of aerodynamic development in Formula 1. But as Pat Symonds explains, advances in virtual research are signalling the end of these expensive and complicated relics.

Formula 1
Jun 13, 2021
Why Mosley’s legacy amounts to far more than tabloid rumour Prime

Why Mosley’s legacy amounts to far more than tabloid rumour

The newspapers, naturally, lingered over Max Mosley’s tainted family history and niche sexual practices. But this is to trivialise the legacy of a big beast of motor racing politics. Stuart Codling weighs the life of a man whose work for safety on both road and track has saved hundreds of thousands of lives, but whose penchant for cruelty remains problematic and polarising.

Formula 1
Jun 12, 2021