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.