Perez to leave Racing Point at the end of the season

Sergio Perez has confirmed he will leave Racing Point at the end of the current Formula 1 season after seven years with the team.

Although Perez has a contract in place with the Silverstone-based team for next year, rumours have been circling for the last few months that this could be his last, with Sebastian Vettel available on the market.

Perez initially denied that he would be leaving Racing Point at the end of 2020, but as the weeks have progressed, his response to the question has been more guarded and on Wednesday he confirmed that he would be leaving the team at the end of the year.

In a statement issued by Perez, he said: “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 this season.

“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 teammates.

“I’ll keep the memories of the great moments lived together, the friendships and the satisfaction of always giving my all.”

Perez added that at this stage he has no firm plans for the 2021 season, but would like to continue in F1 if the right opportunity arises.

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

At this stage Racing Point have not confirmed who will be replacing Perez at the team next year, which is due to be re-branded as Aston Martin, but it is expected that Vettel will be the driver replacing him.