Racing Point Formula 1 team principal and CEO Otmar Szafnauer says his side is “well on our way” to confirming its driver line-up for 2020.

Lance Stroll followed his father, Lawrence, across from Williams to Racing Point over the winter after the Canadian businessman successfully took over the former Force India squad last year, in what was described as a “long-term deal”.

At the Hungarian Grand Prix prior to F1’s summer break, Sergio Perez, whose contract expires at the end of the current campaign, said he is just “a matter of time” away from securing a fresh contract, adding the team was his “priority” for next season.

Asked if the team’s 2020 driver line-up is now a formality given its past consistency, Szafnauer said: “Well nothing’s done until it’s done, but we’re well on our way.

“That [consistency] is valuable. We have done that, with every once in a while a change. I think in due course, not that far into the future, we’ll make the announcement.”

The Silverstone-based outfit currently holds eighth place in the constructors’ championship and is just eight points behind sixth-placed Renault after Lance Stroll picked up the team’s best result of the season during a chaotic race in Germany.

Speaking about Stroll, Szafnauer added: “He’s really good. He’s gelling well with his engineering team and learning and getting better and better.

“The potential’s there, he’s fast. When you make a change, there’s always stuff to learn and new things. But he’s a very fast learner, very coachable.”

The Canadian occupies 12th place in the drivers’ standings on 18 points, four points clear of stablemate Perez, who has not recorded a top-10 appearance since finishing sixth in April’s Azerbaijan Grand Prix.



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