121213_Perez

Force India picks Perez for second seat

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Sergio Perez arrived late on Formula One’s driver market for 2014, but the Mexican played his way into a seat anyway after strong performances in the final two races when he knew he was a free agent.

Perez shifts from McLaren to Force India for 2014, where he will team alongside Nico Hulkenberg. It’s a multi-year deal for Perez, who will have the chance to prove himself alongside one of F1’s most highly regarded drivers who hasn’t yet had a chance at one of the proverbial “top teams.”

“It’s great to announce my new team as Sahara Force India,” Perez said. “Coming here was always my first choice and I’m really happy everything has now been confirmed. I want to say thank you to Vijay and the whole team for giving me the opportunity.”

Perez gave the usual platitudes about hoping to lift the team into the top tier of the field.

“This is a young team with a lot of determination and they’ve produced competitive cars for the last few years,” he said. “It’s all change for next season with the new regulations, but I already have a good feeling about 2014. My plan now is to visit the factory and get to know everyone in the team.”

Team principal Vijay Mallya feels his squad has two top-flight stars who could potentially lift Force India into the top five in the Constructor’s Championship.

“It’s a pleasure to welcome Sergio to the team,” Mallya said. “He brings a healthy mix of youth and experience, and I’ve been very impressed with his recent performances. He already has several podium finishes to his name and being chosen by McLaren last year was a clear indication that he is a driver to watch for the future.

“We also recognize Sergio’s incredible talent and we are proud to have him in our team,” he added. “He clearly has great speed and plenty of fire in his belly. Our job is to make sure he settles in quickly by creating the right atmosphere so that he can realize his potential. By pairing Sergio alongside Nico, we enter the new season with an extremely competitive line-up, which will go toward helping us achieve our goals for the new season.”

Perez starred on numerous occasions in the midfield in his two years with Sauber, which helped to earn his promotion to McLaren this past year. But after a single season, he was dropped for rookie Kevin Magnussen, who is part of McLaren’s young driver program.

The move, of course, officially confirms both of Force India’s 2013 drivers are out. Adrian Sutil, a Force India veteran over six seasons (2007-’11, ’13) dating back to the team’s stint as Spyker, enters the free agent market as does Scotsman Paul di Resta after three years with Force India. Sutil has been linked to Sauber, where incidentally, he’d replace Hulkenberg. Di Resta, meanwhile, appears less likely to stay in F1 after three years with some very high peaks but unfortunately too many valleys.

Force India, interestingly, has now changed its driver lineup for a fifth straight season. The di Resta/Sutil partnership was in effect in 2013 and 2011, with di Resta and Hulkenberg in 2012, Sutil and Vitantonio Liuzzi in 2010 and Sutil, Liuzzi and Giancarlo Fisichella in 2009. The last time the team carried the same lineup into back-to-back years was when Fisichella and Sutil entered 2009 as teammates after the team’s first year in that guise, in 2008.

Raikkonen: P4 in Russian GP qualifying ‘better than nothing’

SOCHI, RUSSIA - APRIL 29: Kimi Raikkonen of Finland driving the (7) Scuderia Ferrari SF16-H Ferrari 059/5 turbo (Shell GP) on track during practice for the Formula One Grand Prix of Russia at Sochi Autodrom on April 29, 2016 in Sochi, Russia.  (Photo by Mark Thompson/Getty Images)
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Kimi Raikkonen says that qualifying fourth for the Russian Grand Prix is “better than nothing” after struggling to get to grips with his Ferrari SF16-H car at the Sochi Autodrom.

Raikkonen finished fourth in Saturday’s Q3 session, and will move up to third place on the grid for tomorrow’s race thanks to Ferrari teammate Sebastian Vettel’s grid penalty.

Despite being in a position to lead the Italian marque’s charge against Mercedes and make the most of Lewis Hamilton’s grid penalty, Raikkonen was far from jubilant after qualifying.

The Finn had been set to take third in Q3, only to make a mistake on his final qualifying lap that meant he was unable to improve his time, leaving him P4 at the checkered flag.

“The whole weekend has been tricky: for whatever reason, I struggled all the time to put one decent lap together,” Raikkonen said.

“In qualifying it was a bit better, but I was still fighting with the front end in a few places. It could have been good enough for a second or a third place on the grid, but on my last lap I completely missed the last corner and slid away.

“Obviously I’m a disappointed with what happened, but considering how difficult it has been, this result it’s not ideal but it’s better than nothing.

“At least we are in third place at the start, we’ll see what happens tomorrow, I think in the race it’s going to be better.”

The Russian Grand Prix is live on CNBC and Live Extra from 7am ET on Sunday.

Williams’ updates take Bottas to P2 on Russian GP grid

SOCHI, RUSSIA - APRIL 30: Valtteri Bottas of Finland driving the (77) Williams Martini Racing Williams FW38 Mercedes PU106C Hybrid turbo on track during final practice ahead of the Formula One Grand Prix of Russia at Sochi Autodrom on April 30, 2016 in Sochi, Russia.  (Photo by Mark Thompson/Getty Images)
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Valtteri Bottas’ hopes of ending his difficult start to the 2016 Formula 1 season were given a boost after he qualified third for the Russian Grand Prix on Saturday in Sochi.

Bottas scored just seven points in the opening three races of the year, but said earlier this week that he was confident that an upturn in fortunes was not far away.

Williams brought a number of new parts to Sochi for the race in a bid to get back in front of Red Bull in the pecking order, and they appear to have the desired effect in qualifying on Saturday.

Bottas qualified third with teammate Felipe Massa finishing fifth, but both will gain a place on the grid by virtue of Sebastian Vettel’s grid penalty.

“Very good qualifying, really pleased how it all went,” Bottas said.

“This weekend has been very positive. We have some new bits on the car and the car has been feeling better. It’s also a good track for us.

“I’m glad we could maximise the qualifying today. Pleased with that, but it’s tomorrow what counts.

“So far my Sundays haven’t been so great, but I’m sure tomorrow we have a chance to have a good one.”

The Russian Grand Prix is live on CNBC and Live Extra from 7am ET on Sunday.

Vettel: No frustration over Ferrari’s lack of reliability

SOCHI, RUSSIA - APRIL 30: Sebastian Vettel of Germany driving the (5) Scuderia Ferrari SF16-H Ferrari 059/5 turbo (Shell GP) on track during final practice ahead of the Formula One Grand Prix of Russia at Sochi Autodrom on April 30, 2016 in Sochi, Russia.  (Photo by Mark Thompson/Getty Images)
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Sebastian Vettel does not feel frustrated about Ferrari’s reliability problems at the start of the 2016 Formula 1 season, saying “it’s part of racing”.

Ferrari entered 2016 hopeful of mounting a serious challenge to the all-conquering Mercedes team, only for issues on its cars in Australia and Bahrain to limit it to a one-car finish.

Vettel’s plight continued on Friday in Russia when an issue forced him to stop out on track during practice, ultimately resulting in a gearbox change and a grid penalty.

Vettel qualified second at the Sochi Autodrom on Saturday behind pole-sitter Nico Rosberg, but will drop back to seventh for the start of the race.

“Of course I would have liked the gap in the end to have been a bit smaller but we saw in Q2 Nico in particular was very strong getting the lap in,” Vettel said.

“I think for us it was the maximum. We benefitted from what happened to Lewis [Hamilton]. I’m not sure what exactly it was, but it allowed us to go P2 which helps tomorrow with the penalty.

“We’re a bit closer starting on the clean side of the track. I think we can have a good race from there. It should be quite exciting. The car feels good. I think all weekend has been quite strong. We lost some time, but I think we made it up this morning so it shouldn’t be an issue.”

Vettel said that he does not feel frustrated about Ferrari’s reliability issues, saying that there is still a long way to go in the season.

“Not frustrated at all. Obviously it’s not nice if these things happen because they don’t make your life easier,” Vettel said.

“But equally it’s part of racing. These things can happen. They didn’t happen on purpose, they weren’t planned. We’re been pushing very hard to try and catch up which I think especially in race pace we’ve proven already this year.

“Obviously we didn’t have a properly clean race yet this year. Maybe we’ll have tomorrow, you never know, it’s a long race and a long way especially around here. There’s a lot of things that can happen.

“I think we have to wait and see. It’s still April, tomorrow is May, and there’s a long, long way to go. It’s a long championship. It’s important to do your best to get the maximum points every single time and the rest you’ll find out anyway.”

The Russian Grand Prix is live on CNBC from 7am ET on Sunday.

Hamilton set to start 10th in Russia as luckless run continues

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Lewis Hamilton’s run of bad luck continued in qualifying for the Russian Grand Prix on Saturday as an issue on his power unit prevented him from taking part in the final session.

Hamilton has slipped 36 points behind Mercedes teammate Nico Rosberg after the first three races of the 2016 season, with an issue on his power unit forcing him to start last in China two weeks ago.

Hamilton arrived in Sochi hopeful of cutting the gap to Rosberg, and looked set to run the German close for pole position on Saturday afternoon.

After lapping almost half a second slower than Rosberg in Q2, Hamilton was sent back out by Mercedes later in the session despite not being at risk of losing his place in Q3.

It soon unfolded that Hamilton was in fact heading out to test his power unit, and he soon reported a loss of power similar to the one that prevented him from taking part in qualifying for the Chinese GP.

As a result, Mercedes had to bring Hamilton into the pits and end his day after Q2, leaving him 10th in the final qualifying classification.

While Rosberg was able to ease to his second pole position of the season, Hamilton was left deflated, telling reporters: “I went out at the end of Q2 to get a feel and I lost the same power as I lost in China.

“There’s nothing I can do. I never give up.”

The Russian Grand Prix is live on CNBC from 7am ET on Sunday.