The Canadian team, whose 2019 vehicle is called the RP19, has also revealed a new title sponsor in the form of betting company SportPesa.
The team, who have taken over the outfit previously known as Force India, are now owned by billionaire Lawrence Stroll whose son Lance has made the move from Williams to race for the team this term.
The event in Toronto was a chance for the newest F1 team to show off the auto that will be driven in the 21 races this season, beginning March 17 in Melbourne, Australia. We are putting the building blocks in place and it's important we take a good step forward in 2019 as we begin this new era.More news: Marco Asensio hands real Real Madrid victory over Ajax after VAR reprieve
"We want to be fighting for podiums and aim for a strong top-four finish".
Force India finished fourth in the constructors' championship in both 2016 and 2017 and would have beaten Renault to fourth past year as well had they not been forced to start from zero points again at the Belgian Grand Prix because they were a new legal entity following Stroll's takeover. I want us to be the best of the rest once again.
Perez said: "We have stability and strong leadership at the top, which is important because it means I can simply focus on the driving and performance".
Racing Point has launched its first auto since officially changing the name of its team from Force India. "I would be pleased if we could have a couple of podiums as well, have a great season and why not our first victory together?" "We started off with Racing Point as our company name and took from then to now to discuss it. We all came to the conclusion that we're a team of racers, there's nothing wrong with Racing Point and it actually encompasses who we are".More news: Cleveland Browns sign former Chiefs running back Kareem Hunt
One aspect of the identity which has carried over from the previous era is the predominantly pink livery which was first introduced in 2017.
"The pink. I believe in the two years, has become iconic", said team chief Otmar Szafnauer.
The arrival of SportPesa sees prominent branding on the engine cover as well as on the front and rear wings.More news: Mars One Is Bankrupt And Down For The Count