While Pérez signed a new contract with the team ahead of the Canadian Grand Prix, reporting indicates that the contract allows for Pérez to be moved into an ambassadorial role.

Even in the throes of a miserable run of form to end what he has labeled a “terrible” Formula One season with Red Bull, Sergio Pérez’s outward confidence about his future has never been shaken. On Thursday,

Sergio Perez’s time at Red Bull Racing appears to be over. According to ESPN, “Red Bull have decided to move on” after this Sunday’s 2024 Formula 1 season finale in Abu Dhabi. Perez failed to finish the Qatar Grand Prix on Sunday after he said his car lost forward drive as he attempted to accelerate for a green flag.

Sergio Checo Pérez's poor performance this year has had direct consequences for Red Bull in the Constructors' Championship

Perez signed a multi-year contract extension earlier this season, but his new terms did little to boost his deteriorating performances, and after a miserable second half of the campaign, ESPN report that Red Bull have made the decision to move on from the six-time Grand Prix winner.

Horrible outcome for Checo Perez in the Qatar Grand Prix. Again he fails to score points and it is already six times so far this season, something really unthinkable when the seaso

Christian Horner has given insights into Sergio Perez’s future in his team after the Qatar Grand Prix fail.The Red Bull team principal shared that the Mexican driver might opt out from the team as he failed to score in a grand prix point

Red Bull team principal Christian Horner has highlighted Sergio Perez's key role in improving the RB20 F1 car's performance for both the Qatar Grand Prix and po

Sergio Perez knows the score and will come to his own conclusions about his Formula One future, Red Bull boss Christian Horner said after the Mexican fired another blank on Sunday with his time at the team seemingly close to an end.