Perez expecting to make announcement on F1 future by Singapore

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Sergio Perez hopes to make an announcement regarding his Formula 1 plans for 2017 by the Singapore Grand Prix in two weeks’ time.

Following Felipe Massa’s announcement on Thursday confirming that he would be retiring from F1 at the end of the season, the wheels have been set in motion for next season’s driver market.

Perez is under contract with Force India for 2017, but has an escape clause that could be used by his sponsors should they decide on a move to another team.

Perez has been linked with drives at Williams and Renault for next season. Neither team has confirmed any drivers for 2017 yet.

Speaking to reporters on Thursday at Monza, Perez confirmed that progress had been made regarding his future since Spa, drawing an announcement near.

“Yes, hoping to announce everything by Singapore hopefully,” Perez said.

“It looks like what’s happening is what I always wanted, so I’m very happy for that.

“You’ll find out very soon.”

Force India remains keen to hang on to Perez for 2017, with deputy team boss Bob Fernley recently saying that he would be very surprised if the Mexican were to leave.

However, the lure of a works drive with Renault may prove too strong to turn down. The French marque returned to F1 as a constructor at the beginning of the season.

Despite enduring a tough start to the year, the financial backing available to boost its fortunes on-track may convince Perez to make the move across.