P1racenews AI automatic summary:
Sergio Perez is confident in his position at Red Bull amid mounting speculation, claiming “there’s a reason why” the Milton Keynes-based Formula 1 outfit extended his contract earlier in the 2024 campaign.
Sergio Perez started the 2024 season strong as a dependable number two to Max Verstappen, with four podiums in the first five rounds. However, as the season progressed, Red Bull’s performance declined and rival teams caught up. Despite Verstappen’s continued success, Perez struggled and scored significantly fewer points. Perez remains under contract for 2025 and believes in Red Bull’s ability to improve. He and the team are working diligently to address his performance issues with the RB20. Perez is confident that as a team, they will overcome the challenges they have faced.