Red Bull Racing and Sergio Pérez have mutually agreed to part ways after four seasons together. The Mexican driver, who struggled throughout the 2024 Formula 1 season, finished a disappointing eighth in the drivers' standings. Despite extending his contract until 2026, Pérez's poor performance led to discussions about his future within the team. Following the Abu Dhabi Grand Prix, both parties decided to terminate the contract early. With all 2025 F1 seats already filled, Perez, who debuted with Sauber in 2011, is set to step away from racing for the first time in his career. Pérez's departure marks a significant turning point in his career, leaving fans wondering about his next move in the world of motorsport.
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Sergio Perez said: 'I’m incredibly grateful for the past four years with Oracle Red Bull Racing and for the opportunity to race with such an amazing Team. Driving for Red Bull has been an unforgettable experience and I’ll always cherish the successes we achieved together. We broke records, reached remarkable milestones, and I’ve had the privilege of meeting so many incredible people along the way. A big thank you to every person in the Team from the management, engineers and mechanics, catering, hospitality, kitchen, marketing and communications, as well as everyone at Milton Keynes, I wish you all the best for the future. It has also been an honour to race alongside Max as a teammate all these years and to share in our success. A special thank you to the fans around the world, and especially to the Mexican fans for your unwavering support every day. We’ll meet again soon. And remember…Never give up.'
Christian Horner said: 'I would like to thank Checo for all he has done for Oracle Red Bull Racing over the past four seasons. From the moment he joined in 2021 he proved himself to be an extraordinary Team player, helping us to two Constructors’ titles and to our first 1-2 finish in the Drivers’ championship. His five wins, all on street circuits, were also a spectacular mark of his determination to always push to the limit. While Checo will not race for the Team next season, he will always be an extremely popular Team member and a treasured part of our history. Thank you, Checo.'
F1: Perez and Red Bull
Sergio Perez joined Red Bull Racing in 2021. In his first three seasons, he helped the team secure two constructors' championships with 4th, 3rd, and 2nd-place finishes.
In the 2024 Formula 1 season, Perez struggled with the RB20, contributing to Red Bull’s slip to third in the constructors' standings as rivals closed the gap. Despite insisting he would honour his contract through 2025 and 2026, Perez hinted at a possible early departure during the Abu Dhabi Grand Prix 2024.
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Red Bull has yet to announce his replacement, but his exit may pave the way for a Racing Bulls junior driver to step up.
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