The new deal sees Perez stay with Red Bull until the end of the 2026 season.

Sergio Perez has signed a two-year extension with Red Bull Racing that will see him stay at the Milton Keynes based team until the end of the 2026 season.

Since replacing the outgoing Alex Albon at the end of the 2020 season, he has secured five race wins, 29 podium finishes, and three pole positions, including the first pole position for a Mexican driver. The 34 year old is also the most successful Mexican driver in Formula 1 history.

The 2024 season has so far been dominated by talk of drivers switching teams, with Lewis Hamilton and Niko Hulkenburg joining Ferrari and Sauber in 2025, respectively. Lando Norris, Charles Leclerc, Fernando Alonso and Alex Albon have all signed contract extensions with their respective teams. Meanwhile, there are openings at Mercedes, Alpine and potentially Williams to be filled before next season begins.

The news of Perez’s extension ends speculation around what would be the most coveted seat in Formula 1 at the reigning Constructors’ Champions.

Sergio Perez Red Bull Race Wins

2021 Azerbaijan Grand Prix
2022 Monaco Grand Prix
2022 Singapore Grand Prix
2023 Saudi Arabia Grand Prix
2023 Azerbaijan Grand Prix

CEO and Team Principal, 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 up and with the Team as a whole, which is imperative in what is shaping up to be a close fought Championship this year.”

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.”

words: Mike Booth
pictures: Red Bull