Sergio Perez has signed a new contract with Racing Point which will keep him at the team for the next three seasons.

“I’m very excited to extend my partnership with the team for the next three years,” said Perez. “I’ve been working together with this group of people for a long time now and they have become my second family. Together we have enjoyed a tremendous amount of success and we share the same passion for racing.

“I have been impressed with the direction the team has taken over the last twelve months and that gives me confidence for the future. I believe the best times are still to come and I look forward to celebrating plenty of podiums in the years ahead.”

Perez joined the team, previously known as Force India, in 2014. His new deal will keep him at Racing Point until at least 2022. RaceFans understands it is a straight three-year contract with no ‘options’.

His new deal mirrors the three-year contract extension which Mexico’s round of the world championship secured earlier this year. The race will be officially renamed the Mexico City Grand Prix from 2020.

Racing Point CEO and team principal Otmar Szafnauer said Perez has become “a very complete driver with excellent qualifying speed and exceptional race craft” in the six years since he joined the team.

“Sergio believes in the long-term vision of this project and getting his commitment until the end of 2022 gives us valuable consistency going forward. As the team continues to grow and develop it’s important to have a driver with Sergio’s level of experience, especially with new regulations on the horizon.”

View the current list of 2020 F1 drivers and teams

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2020 F1 season