The Indian outfit, based in Silverstone, England, was placed into administration last month but said its future had been secured by the consortium.
Force India went into administration following a High Court hearing in London on Friday evening.
There was no further immediate comment from the team.
Vijay Mallya has cited his need to focus on his legal issues as the reason for the move.
Force India have finished fourth in the championship for the past two seasons.
Ocon and Perez, who are teammates at Force India, have fought fierce duels this season and have collided at Baku and at the Belgian Grand Prix in Spa.
Force India COO Szafnauer said that it makes sense to change the team's name.
The Formula One 2017 season starts with the Australian Grand Prix in Melbourne on March 26.
With 173 points, Sahara Force India secured fourth position at the Constructors' Championships, 35 more than closest rival Williams in the 2016 edition
Sergio Perez, 26, graduated from a childhood karting career, and has been sponsored by the richest businessman in Mexico, Carlos Slim, since the age of 15 years.
Force India confirmed Esteban Ocon's signing on Thursday on a multi-year contract. A vacancy was created at Force India with Nico Hulkenberg making a switch to Renault
Mexican broadcaster Grupo Imagen had reported that billionaire Carlos Slim is buying Force India co-owned by team principal Vijay Mallya
Both Force India drivers finished within points at the Formula 1 Italian Grand Prix at Monza.
Nico Hulkenberg and Sergio Perez finished 4th and 5th, respectively, to bag 22 points for Force India from the Belgian GP, and help the team up to 4th place in the contructor standings
Nico Rosberg, who started from his third successive pole position, led from start to finish in a 44-laps race fractured by accidents and incidents to secure his first victory in Belgium and his sixth of the season
Germany's Nico Hulkenberg began the race in eighth and overtook Williams driver Valtteri Bottas towards the end to finish seventh.
After the disappointment of double retirement in Austria last week, both Force India drivers performed well on Sunday under the challenging weather conditions at the British GP in Silverstone