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Breaking news

Perez close to extending Force India stay

Mexican Formula 1 driver Sergio Perez says his deal with Force India is on course for a prompt renewal now that the team's future has been secured.

Sergio Perez, Force India VJM11 in parc ferme

Perez has been racing for Force India since 2014, scoring five grand prix podium finishes in that time, but admitted earlier this year that his future with the outfit hinged on whether it would overcome its “critical” financial situation.

And now that this situation has been resolved, Perez – who had been linked with rival F1 teams, most notably Haas - has told Latin American network Fox Sports that he is close to extending his Force India stay.

“I think it's a great opportunity to continue with the team,” he said. “When you don't have a chance at Ferrari or Mercedes, I think Force India is a very attractive option.

“We are almost there [for 2019]. In fact, it's just a matter of days or weeks. It's just about clearing up the situation with the team.

“My contract doesn't need signing. The renewal [option] is there and it's just about seeing what position the team is in to continue.”

Perez played a major role in Force India's recent takeover as it was his backers who took legal action that sent the outfit into administration, with the aim of protecting the team from the threat of winding-up order.

The team's future was swiftly secured as the administrators accepted a bid from a consortium led by fashion mogul Lawrence Stroll.

Stroll's son Lance, who has been driving for Williams since 2017, is now widely expected to make the switch to Force India for next year.

“It was a very complicated situation, where I realised I was in a position I never expected as a driver and I had to act,” Perez recalled. “There were 400 jobs at risk.

“Fortunately everything has been rescued and everything looks great.

“It looks like an incredible future for the team, with a good investment that above all gives the team a lot of stability, which is what it struggled with during the past years.”

A likely Stroll-Perez line-up at Force India would force Perez's current teammate Esteban Ocon to look for a new team, the Frenchman's options for 2019 having seemingly dwindled as of late despite solid performances on track.

Ocon, who was expected to move to Renault before the manufacturer's shock signing of Daniel Ricciardo, has recently been linked to the second McLaren seat alongside new recruit Carlos Sainz.

Sergio Perez, Force India VJM11, leads Esteban Ocon, Force India VJM11

Sergio Perez, Force India VJM11, leads Esteban Ocon, Force India VJM11

Photo by: Andrew Hone / LAT Images

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