In a significant development in the world of Formula 1, Sergio Perez and Red Bull Racing have mutually agreed to part ways at the conclusion of the 2024 season.
The announcement was made earlier today, bringing an end to a partnership that began in 2021 and yielded considerable success for both parties.
Perez joined Red Bull Racing after a stellar 2020 season with Racing Point (now Aston Martin) and was tasked with providing a competitive edge alongside team leader Max Verstappen. Over the years, Perez delivered crucial performances, including race victories and podium finishes, that helped Red Bull secure multiple Constructors’ Championships and aided Verstappen in his quest for Drivers’ titles.
In a joint statement, Red Bull Racing team principal Christian Horner and Perez expressed gratitude and respect for their time together. Horner acknowledged Perez’s contributions, saying, “Sergio has been an integral part of our team’s success over the past few seasons. His skill, experience, and unwavering commitment have played a pivotal role in Red Bull’s achievements. We part ways on the best of terms, and we wish him every success in the future.”
Perez, often referred to as “Checo” by his fans, also shared his thoughts on the decision. “Driving for Red Bull has been one of the most rewarding experiences of my career. I’m proud of what we’ve accomplished together, and I’m excited about the opportunities that lie ahead. I want to thank everyone at Red Bull Racing for their support and trust over the years.”
While the exact reasons for the split were not disclosed, speculation had been mounting throughout the 2024 season about Perez’s future with the team. Performance inconsistencies and the ever-intense competition in Formula 1 likely played a role in the decision. With Red Bull’s penchant for nurturing young talent, there is already buzz about who might take Perez’s seat for the 2025 season, with names like Liam Lawson, Daniel Ricciardo, and Yuki Tsunoda circulating as potential candidates.
As for Perez, his future in Formula 1 remains uncertain. At 34 years old, he brings a wealth of experience and remains a valuable asset to any team looking for a proven race winner and a dependable driver. Rumors suggest he might consider opportunities with other teams or even explore options outside the sport.
This announcement marks the end of an era for Red Bull Racing and Perez. As the 2024 season progresses, all eyes will be on Checo to see how he closes this chapter of his career and what new ventures await him in the competitive world of motorsport.