11 Sergio Perez, (MEX) Oracle Red Bull Racing, Hondaduring the Monaco GP, 23-26 May 2024 Montecarlo, Formula 1 World championship 2024.

F1 News: Red Bull set to announce new one-plus-one Perez deal (Update)

(GMM) Red Bull is poised to announce that Sergio Perez is staying with the top Formula 1 team in 2025.

It emerged recently that the energy drink owned team, at which Max Verstappen is the obvious number 1 driver, was only offering Perez a one-year deal for 2025 – while the Mexican and his sponsors were pushing for longer.

“What’s interesting,” reports Bild correspondent Michel Milewski, “is that (Carlos) Sainz is said to have had his eye on the Red Bull cockpit.

“But team boss Christian Horner declined to sign him.”

Although Perez, 34, is often criticized for lagging behind Verstappen’s pace, the collaboration since 2021 has been highly successful – with Verstappen winning every drivers’ title since then and Red Bull securing all constructors’ championships since 2022.

Germany’s top daily newspaper Bild claims: “Perez and the Austrian team have agreed on a new contract.

“Nothing is official yet, but everything has been sorted out between the veteran and the energy drink team for several days. The final details were clarified before the Monaco GP.”

Correspondent Milewski believes Perez’s deal is for one guaranteed season (2025) with a Red Bull-sided option for 2026. “A great solution for both parties,” he said.

As for Verstappen, he has consistently denied speculation that he may be considering exiting his 2028 contract at the end of the year in order to switch to Mercedes.

“Can we stop talking about this yet? Absolutely not,” former F1 driver Ralf Schumacher told formel1.de.

“I think Max will be looking for a better car, and that is not the Red Bull at the moment. It is simply a difficult car to drive, and I think this could be a big problem.”

Red Bull: Max Verstappen vs Sergio Perez


Verstappen 8-0 Perez
Best result: Verstappen 1st, Perez 2nd
Poles: Verstappen 7-0 Perez


Verstappen 2-0 Perez


Verstappen 2-0 Perez


Verstappen 7-1 Perez
Best result: Verstappen 1st, Perez 2nd
Wins: Verstappen 5-0 Perez
Podiums: Verstappen 6-4 Perez
Points: Verstappen 169-107 Perez

May 29, 2024 

(GMM) A decision regarding Sergio Perez’s future at Red Bull will be taken “soon”. That is the news from the mouth of the team’s F1 consultant Dr Helmut Marko, amid reports the decision will be made ahead of the Spanish GP late next month.

As Formula 1 gathered in Monaco last week, reports suggested Perez, 34, had done enough this year to at least secure a new one-year deal.

But the Mexican then had a miserable weekend on the Principality’s streets – qualifying a dismal P16 and then sitting in a wreck on lap 1 – with Marko estimating the damage of his crash with Kevin Magnussen at up to 3 million euros.

Kevin Magnussen caused Sergio Perez's Red Bull to be completely destroyed.
Kevin Magnussen caused Sergio Perez’s Red Bull to be completely destroyed.

Marko, 81, thinks Magnussen should have been penalized by the stewards, but not everyone in the paddock is putting the sole blame on the embattled Haas driver.

“If you want to blame someone, I lean more towards Perez than Magnussen,” said Chinese-Dutch racing driver Ho-Pin Tung, in conversation with nu.nl.

“Of course Magnussen was optimistic, but the stewards also look at how much space a driver is left. Perez wanted to stay on the ideal line, but there was still a lot of space on the left.

“On the onboard, you can also clearly see Perez looking in his right mirror. He might not have known that Magnussen was there, but perhaps he should have. Perez didn’t have to cut him off like that,” Tung added.

He also thinks Perez contributed to the crash by qualifying so poorly.

“When you’re so far back, the risk of being caught up in something like that is high. He really has to improve on that,” Tung said.

Marko admits that Perez needs to ensure he is consistently closer to Verstappen in the sister car.

“It is very difficult, if not impossible, for Sergio to perform at Max’s level,” he said. “But he does have to be closer.

“We need to analyze how things went so wrong,” Marko told Sky Deutschland.

Team boss Christian Horner agrees that with Ferrari now just 24 points behind Red Bull in the constructors’ standings, “it is extremely important for us that both cars earn points”.

Marko told Osterreich newspaper that a decision regarding Perez will be taken “soon”, taking into consideration how Ferrari and McLaren have dramatically closed the gap.

“We are now in the third year of the current regulations, and the others are copying us – some are copying better, and you see the result now at McLaren,” he said.

“But Ferrari has also constantly developed.”

Christian Horner Team Principal at Oracle Red Bull Racing during the Monaco GP, 23-26 May 2024 Monte Carlo, Formula 1 World championship 2024.

Marko admits, however, that Perez was not totally to blame for his poor Monaco GP weekend.

“Our two drivers came to Monte Carlo enthusiastically, saying the car handled the curbs really well in the simulator,” he said.

“But as soon as they were in the car, they said ‘undriveable!’.”

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