Charles Pic has been announced as one of Caterham's race drivers for the 2013 season and beyond. The French driver joins the Anglo / Malaysian team on a multi-year contract after impressing in his first season in F1.

"We are thrilled that Charles has decided to join us for his second season in F1 and beyond," said team boss Cyril Abiteboul. "We are all looking forward to working with a young driver who has clearly shown in his first season in F1 that he has the pace, racecraft and demeanour to help us achieve our goals.

"Throughout the 2012 season we have been monitoring the progress that Charles has made, challenging us on several occasions in qualifying, and it is clear that he is a special talent. As the year has progressed he has performed extremely well against a very experienced teammate and we are looking forward to seeing him develop further within the environment we will provide in 2013 and beyond. We will continue growing together, and the energy and image he will bring to our team and his partners will be a very positive influence on the seasons that lie ahead. Being able to make this announcement before the end of the current season gives us the chance now to allow Charles and the team to prepare fully for the 2013 season and quickly learn how to maximise the performance benefits of the Renault Sport F1 and Red Bull Technology powertrain that will be new to him."

"I am very proud to be able to confirm that I am joining Caterham F1 Team next year and I'm looking forward to many seasons of successful racing cooperation," added Pic. "I'm enthusiastic to have the opportunity to continue to grow in a team that has a technical relationship with a number of French global companies, including Renault and Total, plus an Official Partnership with EADS. It is clear that the team has great ambitions for the future: the investments already made and the decisions taken in the last few months show how committed the shareholders are to succeed and demonstrates their willingness to keep going forward.

"The prospect of the automotive industry project nurtured by Caterham Group to produce sports road cars in conjunction with Renault is another reason for my decision to join the team. I would like to thank Tony Fernandes and Kamarudin Meranun for the roles they have played in helping make this dream come true.

"I am very excited about starting my second year in F1 with a team that has so much potential. Caterham F1 Team has everything in place to help it move into a position to fight with a number of teams ahead. I know how determined the team is to keep progressing and I am looking forward to playing my part in helping them move up the grid."

"We are always motivated to see promising drivers in our partner teams and Charles is no exception," said Jean-François Caubet, Managing Director of Renault Sport F1. "Additionally, France remains the largest Renault market and having another young, dynamic French driver join the Renault 'stable' will give us further branding, marketing and PR opportunities, both for our F1 involvement and road car range in France and the rest of Europe. We look forward to working with him closely over the coming years."

The move almost certainly means that Max Chilton wil join Timo Glock next season, many believing the deal was agreed some week ago.