Force India have announced that Sergio Perez has signed a new contract extension.

The 27-year-old will retain his seat for the 2018 season alongside Esteban Ocon, who joined the Formula 1 team ahead of the 2017 campaign.

Since joining Force India in 2014 from McLaren, Perez has claimed four podium finishes.

"Staying with Sahara Force India was always my priority. It's a team that has allowed me to show my talents as a driver and I feel very happy here," Perez said.

"I'm proud of everything we have already achieved together and I think there is more to come. The team has done an amazing job this year to develop the car and establish our position as the fourth best team in Formula 1. In the end it was an easy decision to continue our journey together."

Force India team owner Vijay Mallya added: "Sergio has played an important role in our success story over the last few years.

"Since joining us in 2014, he has matured to become one of the quickest and most consistent drivers on the grid. His track record speaks for itself as the most successful Force India driver ever with four podiums.

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

Perez currently sits seventh in the driver rankings on 58 points.