Sergio Perez announces Racing Point F1 exit

Sergio Perez is to leave Racing Point Formula 1 team at the end of the season, in a move that looks set to trigger Sebastian Vettel’s arrival at the outfit.

Sergio Perez announces Racing Point F1 exit
Listen to this article

In a statement posted on his social media channels on Wednesday night, Perez said he would not be remaining at the Silverstone-based team in 2021.

Four-time world champion Vettel has been linked with a seat at Racing Point next year – when it will be rebranded as Aston Martin – following confirmation of his exit from Ferrari in May.

Perez said last month that he expected speculation about his future with Racing Point to be cleared up in a “matter of time”, reiterating that he had a contract in place with the team for next year. But Perez's announcement spells the end to a seven-year term with the Silverstone-based squad, five of them in its previous Force India guise.

Read Also:

“Everything in life always has a beginning and an end, and after seven years together, my time with the team will come to an end after the season,” said Perez. “It hurts a bit as I bet on the team during very rough times. We managed to overcome obstacles and I am very proud of saving the jobs of several of my team-mates.

“I’ll keep the memories of the great moments lived together, the friendships and the satisfaction of always giving my all. I will always be grateful for the opportunity given to me by Vijay Mallya, who believed in me in 2014 and allowed me to continue my F1 career with Force India.

“To the current administration, led by Lawrence Stroll, I wish nothing but the best in the future, especially with the upcoming Aston Martin project.”

Read Also:

Perez’s exit leaves the door open for Vettel to join Racing Point for next year. Vettel has only stated previously that he was in “loose talks” with the team over its future project, but was known to be keen on remaining in F1.

It would see Vettel race alongside Lance Stroll, who is the son of team owner Lawrence, and currently sits fourth in the F1 drivers’ championship.

Perez previously said that he was not talking to any other F1 teams about a seat for next year, and confirmed in his announcement that he has no alternative plan in place currently.

Read Also:

“I don’t have a plan B,” Perez added. “My intention is to continue racing here, but that would depend on finding a project that motivates me to continue giving my 100% on each lap.

“I hope I can give you some good news real soon, but for now, let’s enjoy together the next races.”

Perez’s exit from Racing Point is the latest move in the driver market for 2021, where very few seats remain available.

Haas and Alfa Romeo are the most likely landing spots for Perez should he wish to remain in F1, with neither team yet to confirm any of its drivers.

Perez revealed when news of Racing Point’s interest in Vettel first emerged that teams in other series had expressed an interest in signing him, suggesting he has options outside of F1 if desired.

shares
comments

Related video

Giorgio Piola's history of F1 steering wheel evolution
Previous article

Giorgio Piola's history of F1 steering wheel evolution

Next article

Exclusive: The real inside story of Gasly’s shock F1 win

Exclusive: The real inside story of Gasly’s shock F1 win
The key F1 management call Ferrari must make to avoid more defeat Prime

The key F1 management call Ferrari must make to avoid more defeat

OPINION: Mattia Binotto’s departure from Ferrari will naturally bring a range of changes across the Formula 1 team. But how the changes shape up and the impact they could have is set to be dictated by a key direction Ferrari’s top dogs will need to pick

The difference between Mercedes’ stumble and the fall of F1 giants Prime

The difference between Mercedes’ stumble and the fall of F1 giants

OPINION: Mercedes endured its worst season of the hybrid Formula 1 era, but was mercifully spared its first winless campaign in over a decade late on. It has owned up to the mistakes it made which led to its troubled W13. And while its task to return to title-challenging contention is not small, its 2022 season seems more like a blip than the beginning of a downward spiral.

Formula 1
Nov 29, 2022
The physical focus bringing out the best from Esteban Ocon Prime

The physical focus bringing out the best from Esteban Ocon

Esteban Ocon likes to point out he’s the first driver since Lewis Hamilton to emerge from a spell as Fernando Alonso’s teammate with a superior overall points record. While some may disagree, as LUKE SMITH discovered, the 2021 Hungarian GP winner reckons it’s not just luck which has made him France’s pre-eminent Formula 1 driver of the moment…

Formula 1
Nov 28, 2022
How Red Bull's dynamic leader Mateschitz shaped its F1 philosophy Prime

How Red Bull's dynamic leader Mateschitz shaped its F1 philosophy

The death of Dietrich Mateschitz last month has not only deprived Red Bull of its visionary founder, it has shorn Formula 1 of one of its most influential benefactors. Mateschitz himself was famously media-shy, preferring to let the brand do the talking on his behalf. And, while it’s now normal to speak of Red Bull F1 titles and champions made, Mateschitz never assumed it would be easy or even possible – as ANTHONY ROWLINSON discovered during this previously unpublished interview from 2006…

Formula 1
Nov 27, 2022
Can Mercedes break Formula 1's cycle of doom? Prime

Can Mercedes break Formula 1's cycle of doom?

OPINION: Teams that have dominated for long periods throughout Formula 1's history often take years to get back to the top of the tree once they've slipped down. But it remains to be seen whether the same will happen to Mercedes after a challenging 2022 season

Formula 1
Nov 24, 2022
What hurt Perez most in his ill-fated fight for second in Abu Dhabi Prime

What hurt Perez most in his ill-fated fight for second in Abu Dhabi

Arguably the favourite in the battle to finish second-best in 2022's Formula 1 standings, Sergio Perez's two-stop strategy at Abu Dhabi couldn't take him ahead of Charles Leclerc when the music stopped - and several key factors ultimately precluded him from the much-coveted runner-up spot.

Formula 1
Nov 23, 2022
The Abu Dhabi momentum that can propel Leclerc and Ferrari to F1 2023 success Prime

The Abu Dhabi momentum that can propel Leclerc and Ferrari to F1 2023 success

OPINION: Charles Leclerc achieved his target of sealing runner-up in the 2022 world championship with a masterful drive behind Max Verstappen in Abu Dhabi. And that race contained key elements that may help him, and Ferrari, go one better in Formula 1 2023

Formula 1
Nov 22, 2022
2022 Abu Dhabi Grand Prix Driver Ratings Prime

2022 Abu Dhabi Grand Prix Driver Ratings

The 2022 Formula 1 season came to a close at the Yas Marina Circuit, where the battle for second in the standings was decided, the wins in a season record extended and a retiring four-time world champion bowed out on a high. Here's how we rated the drivers

Formula 1
Nov 21, 2022