Vettel, the winner of four Formula One Drivers' World Championships, is third all-time in Grand Prix victories, trailing only Lewis Hamilton (103) and Michael Schumacher (57). (91).
The German's contract with Aston Martin expires at the end of this season, but he has kept his cards close regarding his future.
Sebastian Vettel is moving to the team currently known as Racing Point from Ferrari, who earlier this year decided not to offer the German a new contract.
Early speculation of Vettel joining Ferrari's rivals at the top of the grid Mercedes or Red Bull was ruled out by both teams.
Carlos Sainz will race for the team in the 2021 and 2022 seasons of the Formula 1 World Championship
The German is coming off a victory last weekend in Belgium that left him 17 points behind Lewis Hamilton (Mercedes) in the 2018 driver's championship.
It was Vettel's fifth win this season, equalling Hamilton's tally, and the 52nd of his career, surpassing the 51 of four-time world champion Alain Prost.
It was Hamilton's record sixth win in Hungary, his fifth this season and the 67th of his career.
Starting from the second position, Vettel took advantage of a bad start by Hamilton in pole position to lead the early stages
The German achieved his 50th victory in the Formula One World Championship on Sunday.
