Racing Point will continue to field Lance Stroll and Sergio Perez in Formula 1 next season, the team has confirmed, with the Mexican signing a three-year deal.
Stroll, 20, joined Racing Point – formerly Force India – for 2019 in the wake of his father, Lawrence, leading a buyout of the financially-stricken operation mid-2018.
The Canadian youngster had previously spent two years racing for Williams.
Perez joined Force India in 2014 following prior stints at Sauber and McLaren, and has taken five podium finishes with the team, and a best of seventh in the standings.
Perez had expected to remain at Racing Point, indicating prior to the summer break that a deal was close, and a new contract has now been formalized and they’ve officially signed Perez.
He will race for the team through at least 2020, 2021 and 2022.
“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.”
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