Sergio Perez stays at Force India for fifth season

Perez moved to the team in 2014 after one year with McLaren, having previously spent two seasons at Sauber.

Sergio Perez says he's disappointed to miss out on a potential podium at the Singapore Grand Prix after losing vital track position while pitting under the second safety auto period.

Fernley felt the full wet tyres were the correct option for the start of the race, but says they had anticipated the rain to last a little longer than it did, which forced them to pit drivers Sergio Perez and Esteban Ocon, much sooner than they would have liked. "The team have allowed me to show my talents as a driver and I feel very happy here".

Perez's Force India team, based at Silverstone, have impressed again this season.

"I'm a little disappointed that we missed out on a podium because I think the second safety auto period didn't help our strategy", Perez said.

Force India finished in their best-ever position of fourth in the constructors' championship previous year, and are on course to repeat it in 2017. "In the end it was an easy decision to continue our journey together".

"His track record speaks for itself as the most successful Force India driver ever with four podiums", said Mallya.

Perez now sits seventh in the Drivers' Championship with 58 points, three points ahead of team-mate Ocon and 10 points behind Red Bull's Max Verstappen. On the surface, they make a great partnership - both fast and fiery drivers, one with more experience to pass on to the other.

"Alongside Esteban, retaining Sergio gives us stability going into next season and one of the most exciting driver pairings in Formula 1", he added.

Despite picking up a couple of places to return to fifth place at the finish, the Mexican driver felt he could have challenged Mercedes' Valtteri Bottas for third place had he stayed out to keep ahead of Carlos Sainz in the Toro Rosso.

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