Sergio Perez agrees new 2-year deal with Red Bull Racing to stay on through to 2026

Photo Credit: Red Bull Content Pool
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Sergio Perez’s time at Red Bull Racing will continue into 2025 and beyond, with the 34-year-old agreeing a new multi-year deal with the Milton Keynes-based squad.

Since joining the team ahead of the 2021 season, Perez has won 5 races, bagged 29 podiums and scored 3 pole positions, including his first in Formula One at the 2022 Saudi Arabian Grand Prix.

Despite finishing 290 points behind teammate Max Verstappen last year in the Drivers’ Championship, the Mexican driver secured his personal best result in the series with P2 overall. He also helped Red Bull secure the 2022 and 2023 Constructors’ Championships.

Perez has proven to be a tremendous team player during his four seasons at Red Bull to date. He did an incredible job of backing up Lewis Hamilton during the 2021 Abu Dhabi Grand Prix, playing a big part in keeping Max Verstappen within the Brit’s pit stop window to take advantage of Nicholas Latifi’s late crash — and it led to the Dutchman winning his first Drivers’ Championship in crazy but controversial circumstances.

At the beginning of the current season, Perez came out of the blocks strongly, securing 4 podiums in the first 5 races, finishing 2nd to Verstappen in Bahrain, Saudi Arabia and Japan.

However, he’s only scored 4 points in the last 2 races, dropping from P2 to P5 in the Drivers’ Championship. Perez is now 31 points behind Charles Leclerc who sits 2nd in the standings.

Perez’s new contract means Red Bull has locked down their line-up heading into the new era of Formula 1 that starts in 2026.

Sergio Perez:

“I am really happy to commit my future to this great Team, it is a challenge like no other racing for Oracle Red Bull Racing, both on track and off track.

“I am delighted to be staying here to continue our journey together and contribute to this Team’s great history for two more years. Being part of the Team is an immense challenge and one I love.

“We have a great challenge this year and I have full trust in the whole Team that the future is bright here, and I am excited to be part of it. I want to thank everyone for all the trust they are putting in me. It is a lot, and I want to pay it back with excellent results on track and off track.

“I think we have a lot of work to do, we have a lot more Championships to win together.”

Christian Horner:

“Now is an important time to confirm our line-up for 2025 and we are very pleased to continue working together with Checo.

“Continuity and stability are important for the Team and both Checo and Max are a successful and robust partnership, securing our first ever one-two finish for the Team in the Championship last year.

“Checo has had a strong start to 2024 with second places in Bahrain, Saudi Arabia and Japan and then his podium in China. The past few races have been tough, there is convergence on the grid, but we are confident in Checo and look forward to his return to proven form and performance that we so often see.

“Last year was a unicorn season and we will need to work hard to retain our titles, but we are assured in our line upand with the Team as a whole, which is imperative in what is shaping up to be a close fought Championship this year.”