P1racenews AI automatic summary:
The Mexican driver has driven for the team since 2021, and scoring five grand prix wins alongside Max Verstappen.
Sergio Perez has put an end to speculation about Red Bull’s second Formula 1 seat for 2025 by signing a new contract with the team, alongside Max Verstappen. Despite strong contenders like Carlos Sainz and Yuki Tsunoda, Red Bull opted to extend Perez’s contract for two more years, until the end of the 2026 season. Red Bull’s motorsport advisor had initially hinted at offering only a one-year deal, but Perez successfully negotiated for a longer commitment. Both Red Bull’s Marko and Horner are looking for Perez to step up his performance, especially with increased competition from McLaren and Ferrari on the rise. Perez expressed his enthusiasm for continuing to be a part of the Red Bull team and looks forward to contributing to their success both on and off the track in the coming seasons.
