Despite finishing best of the rest in Baku, Sergio Perez says Racing Point are still “playing catch up” in Formula 1’s midfield battle.
Midway through last season the Formula 1, formerly known as Force India, came under new ownership after it was placed into administration due to money owed.
Bought by a consortium led by Lawrence Stroll, the Canadian billionaire immediately set about paying off all debts and handing the team much needed funds.
But while the investment gave the team scope to develop both the car and their infrastructure, it came late in the game meaning they arrived on the 2019 grid somewhat on the back foot.
Despite scoring points in the three opening races of this season, it wasn’t until Baku on Sunday that Racing Point bagged their first double points-haul.
Perez finished the grand prix P6 while Lance Stroll was ninth.
“You have to remember that the new administration came in very late in the year, so we are a bit behind schedule ideally, but we’re playing catch up,” Perez told MotorsportWeek.
“I think obviously we are in the same boat as everyone in the midfield. It will be very important to see where we stand with our upgrades.
“If they work as planned, we should be making a good step, but I think everyone is in the same boat, so it is all relative and we will see where we are.”
Racing Point are now up to fifth in the championship with 17 points, one behind McLaren in the battle for the best of the rest title.
Perez added: “I see a bright future here where in the previous years it was always about the next year where I was going.
“Here I see good progress and am feeling very comfortable.
“I’m very happy, so we’ll see what happens.”