Breaking news
Formula 1
Force India's "critical" finances key in '19 decision - Perez
Sergio Perez says the "critical" financial situation at Force India, and how it will be resolved, will play a part in his decision over the immediate future of his Formula 1 career.

Adam Cooper
Edited: Oct 9, 2022, 1:59 PM
Copy link
Share on Viber








Perez is known to be in the frame elsewhere, notably at Haas, where he has been mentioned as a possible replacement for Romain Grosjean.
While the Mexican still sees staying at Force India as one of his main options, the financial squeeze that has slowed development, amid rumours about new investors or owners, has created some uncertainty.
“At the moment the situation is critical,” Perez said. “There’s no secret that the financial problems have held the team back quite a bit.
"If you look at the results, because F1 is just about results, we are fifth in the constructors’ championship, and you can not imagine the financial issues that we’ve had so far. It just shows the potential this team has.
“Definitely, I would like to see what happens in the coming weeks and months, what happens with the team, because I believe it is a great team.
"I’m not in a hurry because I know I’m in a great position, but the sooner the better.”
Pressed by Motorsport.com on whether he might be unable to wait too long for confirmation of any changes to the team’s ownership, Perez said: “Yeah, there is also a point on how long you can wait to make up your mind, you know.
"I think now during the summer break I will have a good idea what’s happening here, and then I will be able to make a clear decision.”
Force India Chief Operating Officer Otmar Szafnauer said this week that negotiations with Perez’s sponsors usually take place around the Mexican GP, but Perez himself acknowledged that things could happen before that.
“That’s a long way from now, we all know that. But it won’t be long before we know where we stand.”
Perez says he is looking at other options for 2019, while hinting that Force India could still provide him with the best opportunity.
“I’m lucky enough to have a couple of options. Obviously we all want to be driving in the top two teams, Ferrari or Mercedes, so obviously it’s very unlikely that I’ll have an opportunity there for the next years. So you have to look at where is the best option for your future, where you can show your talent.
“I’ve been for the last two years the best of the rest in the drivers’ championship. I just want to see what’s possible for next year, which teams have a vacancy, and then decide.
"Like I say, I will definitely wait to see what happens here because I believe this team has the most potential of anyone out[side] of the top three teams.”
Intriguingly, Perez suggested that there could be fewer moves in the driver market than paddock observers are expecting.
“Probably this time we see a lot of moving around in the media about the driving market, but things are a lot more quiet, and I think probably there will be less movement than expected. So, not so much going on this year.”
We want your opinion!
What would you like to see on Motorsport.com?
Take our 5 minute survey.
- The Motorsport.com Team
Read and post comments
Read also :
Share Or Save This Story
Copy link
Share on Viber
Previous article McLaren F1 technical overhaul continues with capture of Toro Rosso star James Key
Next article Consistency "the magic word" for Grosjean's future at Haas
Top Comments
There are no comments at the moment. Would you like to write one?
View More & Comment

More from
Adam Cooper

RB: Tsunoda “mentally on a different level” in 2024
Formula 1
Formula 1
Japanese GP
Apr 10, 2024
RB: Tsunoda “mentally on a different level” in 2024

Andretti planning F2 and F3 entries to promote US talent to F1 team
Formula 1
Formula 1 Apr 10, 2024
Andretti planning F2 and F3 entries to promote US talent to F1 team

Andretti F1 team formally opens new Silverstone facility
Formula 1
Formula 1 Apr 10, 2024
Andretti F1 team formally opens new Silverstone facility

More from
Sergio Perez

Sergio Perez to skip F1 Mexico GP fan forum due to illness
Formula 1
Formula 1
Mexican GP
14 d
Sergio Perez to skip F1 Mexico GP fan forum due to illness

Sergio Perez praises Colton Herta impact - but has no say over 2027 Cadillac F1 team-mate choice
Formula 1
Formula 1
Mexican GP
14 d
Sergio Perez praises Colton Herta impact - but has no say over 2027 Cadillac F1 team-mate choice

The 10 key moments that defined Sergio Perez's F1 career
Formula 1
Formula 1
United States GP
15 d
The 10 key moments that defined Sergio Perez's F1 career

More from
Force India

Otmar Szafnauer reveals failed Kimi Raikkonen bid involving "Angry Birds" founders
Formula 1
Formula 1
Canadian GP
5 mo
Otmar Szafnauer reveals failed Kimi Raikkonen bid involving "Angry Birds" founders

Esteban Ocon explains why he collided with Sergio Perez so often at Force India
Formula 1
Formula 1 9 mo
Esteban Ocon explains why he collided with Sergio Perez so often at Force India

Former Force India F1 boss Fernley dies aged 70
Formula 1
Formula 1
Austrian GP
Jun 30, 2023
Former Force India F1 boss Fernley dies aged 70
Latest news

The numbers that reveal how sprint races have turned the MotoGP title fight upside down
MotoGP
MGP MotoGP
Qatar GP
16 min
The numbers that reveal how sprint races have turned the MotoGP title fight upside down

2027 Formula E drivers and teams: The line-up so far
Formula E
FE Formula E 2 h
2027 Formula E drivers and teams: The line-up so far

Kimi Antonelli meets Italian president Sergio Mattarella
Formula 1
F1 Formula 1 2 h
Kimi Antonelli meets Italian president Sergio Mattarella
Feature
Discover prime content

Top 10 F1 cars of the 1970s
Formula 1
By Kevin Turner
Top 10 F1 cars of the 1970s
Subscribe and access Motorsport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
You have 2 options:
- Become a subscriber.
- Disable your adblocker.
Subscribe now Already subscribed? Sign in here
Already disabled your adblocker?
Reload page
Manage Alerts
Subscribe



