Sergio Perez says he is just “a matter of time” away from sealing a fresh contract with the Racing ꧂Point Formula 1 squad.

Perez has b🌟een at the former Force India outfit since the start of the 2014 season following his exit from McLaren, w🐻ith his current deal expiring at the end of the current campaign.

But speaking ahead of this weekend’s Hungarian Grand Prix, Perez revealed continuing🎃 with Racing Point into 2020 is his “priority”, adding a new deal is in the process of being finalised.

“I think things are settling down, my priority🍎 will be to continue with the team,” Perez said.

“It’s not done, not done yet. We are finalising it 👍but you know in Formula 1 until it’s done it’s never done.

“As I see🦹 very goo🍌d prospects for the future so I look forward to it.”

Asked if negotiations with his personal backers are 🍒holding up a formal announcement, Perez replied: “It takes a bit longer, my deals, due to that, so I think it should be a matter of time.”

The Mexican penned a new one-year contract with Rac♕ing Point🔴 last season but is keen to ensure his next deal is a longer-term agreement.

“I think now the prospect and the ambitions oﷺf the team is very good, I think it will be very good to get a long-term deal here because I see that the team is going forwards,” Perez explained.

“I think it works both ways well, and we ideally would like to commit for a long-term deal, so hopefully we can work out the ಞterms and everything.

“When you look around it’s definitely a good place to be,” he added. “I’ve been v🍬♑ery long with the team.

“I remember what a weekend I had last year and the administration process, I had all that here last year, so to come back here after one year and see where the team is and where the team 🍸is h🔯eading to I feel very proud of that.

“I definitely haven’t finished business, although I’ve♚ been a long time❀ with the team, I see more to come.”