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Red Bull signs new two-year contract with Sergio Perez; to stay till the end of 2024

The 32-year-old Mexican driver now stands at third place in the Drivers' standings after his Monaco Grand Prix win.

Vaidehi Singh Editor

Updated - 1 June 2022 12:43 pm

Sergio Perez Contract

Two days after clinching his first win of the season at the Monaco Grand Prix, Red Bull has signed a new two-year deal with the Mexican. With this fresh contract, Sergio Perez will continue to drive alongside leader of the current drivers’ standings Max Verstappen until the end of 2024.

Perez, who joined Red Bull last season, won the race in Azerbaijan and finished with four podiums last season, ending his last season at fourth place in the drivers’ championship. From the seven races happened till now in this season, Perez stands at third place, with fellow teammate Max Verstappen leading the standings, followed by Ferrari’s Charles Leclerc.

Red Bull Team Principal Christian Horner announced the contract extension, stating, “Since joining Oracle Red Bull Racing, Checo has done a fantastic job. Time and again he has proved himself to not only be a magnificent team player but as his level of comfort has grown he has become a real force to be reckoned with at the sharp end of the grid.”

“This year he has taken another step and the gap to World Champion Max has closed significantly, evidenced by his superb pole position in Jeddah earlier this year and by his wonderful win in Monaco just last weekend. For us, holding onto his pace, race craft and experience was a no-brainer and we are delighted that Checo will continue to race for the team until 2024. In partnership with Max we believe we have a driver pairing that can bring us the biggest prizes in F1”, he stated further.

After this announcement, Perez reacted saying “Thank you for all the trust and for making me part of this family for two more years! Vamooos!”

Notably, the Mexican driver was in tears seeing his national flag go up at the podium after finishing first at the Monaco Grand Prix. The 32-year-old was seen sobbing, the video of which went viral on social media.



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