P1racenews AI automatic summary:
Helmut Marko has revealed details of contract talks with Sergio Perez at Red Bull.
Helmut Marko has indicated that Red Bull is not willing to meet Sergio Perez’s demands for a three-year contract renewal as his current deal expires at the end of the 2024 season. Perez’s strong performance, with four podiums in five races, has put him in contention for the seat alongside Max Verstappen for 2025, but negotiations are ongoing. Marko stated that Perez’s initial demands for a long-term contract will not be met, emphasizing the importance of performance. Red Bull boss Christian Horner mentioned that they are happy with their current driver lineup and no rush to make a decision on Perez’s future just yet. Horner highlighted that Max Verstappen is on a long-term contract, while Perez is driving exceptionally well. The team is in no hurry to announce the driver lineup for 2025 at this point in time.
