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

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
Load comments
The line Verstappen finally crossed in F1's first Jeddah race Prime

The line Verstappen finally crossed in F1's first Jeddah race

OPINION: Max Verstappen has made the 2021 Formula 1 championship. He’s taken the fight to the all-conquering Mercedes squad and its dominant champion, produced driving displays few can match. But he’s been on a controversial course too, and finally crossed a particular line in Jeddah

Saudi Arabian Grand Prix Driver Ratings Prime

Saudi Arabian Grand Prix Driver Ratings

An ill-tempered Saudi Grand Prix made Formula 1 more soap opera than sporting spectacle at times, but there were some strong performances up and down the field on the world championship's first visit to Jeddah

Formula 1
Dec 6, 2021
How the Jeddah F1 race became a one-sitting Netflix drama series Prime

How the Jeddah F1 race became a one-sitting Netflix drama series

The inaugural Saudi Arabian Grand Prix was a race packed full of incident as Formula 1 2021's title contenders repeatedly clashed on track. Lewis Hamilton won out over Max Verstappen to level the scores heading into next weekend's Abu Dhabi finale, as Jeddah turned F1 into a drama series

Formula 1
Dec 6, 2021
The impressive attitude that earned Albon his second F1 chance Prime

The impressive attitude that earned Albon his second F1 chance

Dropped by Red Bull last season, Alexander Albon has fought back into a Formula 1 seat with Williams. ALEX KALINAUCKAS explains what Albon has done to earn the place soon to be vacated by the highly rated George Russell

Formula 1
Dec 5, 2021
The factors that could negate Red Bull's practice gap to Mercedes Prime

The factors that could negate Red Bull's practice gap to Mercedes

Mercedes led the way in practice for Formula 1’s first race in Jeddah, where Red Bull was off the pace on both single-lap and long runs. But, if Max Verstappen can reverse the results on Saturday, factors familiar in motorsport’s main electric single-seater category could be decisive in another close battle with Lewis Hamilton...

Formula 1
Dec 4, 2021
Why Norris doesn’t expect Mr Nice Guy praise for much longer Prime

Why Norris doesn’t expect Mr Nice Guy praise for much longer

Earning praise from rivals has been a welcome sign that Lando Norris is becoming established among Formula 1's elite. But the McLaren driver is confident that his team's upward curve can put him in the mix to contend for titles in the future, when he's hoping the compliments will be replaced by being deemed an equal adversary

Formula 1
Dec 2, 2021
What Ferrari still needs to improve to return to F1 title contention Prime

What Ferrari still needs to improve to return to F1 title contention

After a disastrous 2020 in which it slumped to sixth in the F1 constructors' standings, Ferrari has rebounded strongly and is on course to finish third - despite regulations that forced it to carryover much of its forgettable SF1000 machine. Yet while it can be pleased with its improvement, there are still steps it must make if 2022 is to yield a return to winning ways

Formula 1
Dec 2, 2021
How F1 teams and personnel react in pressurised situations Prime

How F1 teams and personnel react in pressurised situations

OPINION: The pressure is firmly on Red Bull and Mercedes as Formula 1 2021 embarks on its final double-header. How the respective teams deal with that will be a crucial factor in deciding the outcome of the drivers' and constructors' championships, as Motorsport.com's technical consultant and ex-McLaren F1 engineer Tim Wright explains.

Formula 1
Dec 1, 2021