Force India has confirmed that Sergio Perez will be part of its line-up for the 2017 Formula 1 season after finalizing a deal over the Malaysian Grand Prix weekend.
Perez had been subject to much speculation about his future, with rumors linking him to Williams, Renault and even the Haas team for 2017.
The Mexican driver had a contract for next season, but his sponsors were considering a move away that could be triggered via a release clause.
Perez expressed his frustration over the continued delays in finalizing the deal with Force India earlier this week, but has now officially been firmed up with the team for 2017.
“I’m pleased to confirm that I will be racing with Sahara Force India in 2017 as the team and my supporters have concluded their agreements,” Perez said.
“I’m very happy with this team and I have a good feeling for the future. I’ve seen the progress we’ve made over last couple of years and I’m sure we have the potential to achieve even more going forward.
“The team knows me well and it’s important to have stability, especially with some big rule changes planned for next year. I’m excited for the rest of this season and for the challenge that awaits all of us in 2017.
“I thank all the team for believing in me and I will do my best repay their faith with points, podiums and hopefully wins. I also want to thank our Mexican partners, especially Telmex and Telcel, who have been supporting me since I was a young boy.
“They continue to play an important role in my journey through the sport.”