Red Bull has announced that Sergio Perez has committed his future to the team with a two-year extension to his existing contract.

Since joining the team at the end of 2020, Perez has enjoyed his most successful seasons in Formula One, finishing the 2023 season in second place in the Drivers' Championship, the first time the Austrian team had ever achieved a one-two finish in the Championship. The Mexican's points tallies have contributed to two Constructors' Championships for Red Bull, in 2022 and 2023.

THe 34-year-old, has five race wins to his name with Red Bull, 29 podium finishes, and three pole positions, including a first pole position for a Mexican driver. The Guadalajara born driver, has been dubbed the "King of the Streets" and the "Mexican Minister of Defence," following his memorable contribution to Max Verstappen's maiden championship in Abu Dhabi, 2021. Perez has become the most successful Mexican in F1 history.

"Now is an important time to confirm our line-up for 2025," said Christian Horner, "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 up and with the team as a whole, which is imperative in what is shaping up to be a close fought Championship this year."

"I am really happy to commit my future to this great team," added Perez, "it is a challenge like no other racing for Red Bull, 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."

With today's news, interest now focusses on the second seat at Mercedes, with Carlos Sainz one of several drivers still seeking a berth.

It also puts paid to hopes of either Daniel Ricciardo or Yuki Tsunoda being promoted to the 'big team' any time soon, unless Perez royally screws up.

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READERS COMMENTS

1. Posted by BrightonCorgi, 05/06/2024 12:30

"He's the most solid 2nd driver in the paddock. An important marketing asset and fan favorite to many. There was no doubt he would be retained by Red Bull.

Does he still carry sponsorship money with him or is he fully paid by Red Bull?"

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2. Posted by Tardis40, 05/06/2024 0:17

"Was there ever any doubt?

Sergio does what he's asked to do and doesn't cause problems. Exactly what is needed to partner Max."

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3. Posted by Celtic Tiger, 04/06/2024 23:58

"Good for him, that said, I don't think anything will change on his side performance wise. To me it seems that Perez is the kind of guy who makes a great omelette at home but burns the eggs in a Michelin star kitchen."

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4. Posted by Burton, 04/06/2024 22:32

"Drivers on the current grid that wouldn't do better than Checo: Logan, Stroll and maybe Zhou?"

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5. Posted by Alex_V10_USA, 04/06/2024 21:08

"This is great news for Checo & Co and I applaud what he's achieved. I was excited when he got the seat.

But this smacks of a hedge from the Red Bull camp: If RBR cuts Checo and subsequently Max departs, then they are in a bad way. Unfortunately the fans lose."

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6. Posted by JamesD, 04/06/2024 20:29

"I like Checo, I really do. But I'm sorry - what a waste of a seat"

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Red Bull retains Perez for 2025 and 2026

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