Red Bull give Perez new two-year deal until end of 2024

Just two days without clinching his first Monaco Grand Prix victory, Sergio Perez has increasingly to gloat with confirmation Red Bull are retaining him slantingly Max Verstappen until the end of 2024…

The Mexican joined Red Bull last season and took one victory – in Azerbaijan – as well as four remoter podiums on his way to fourth in the drivers’ championship.

He’s stepped it up a gear this season, with three second-place finishes to add to his Monaco win, and that leaves him third in the standings, just 15 points roaming of leader Verstappen.

On Tuesday, Red Bull confirmed they have handed Perez a two-year contract extension, with the Mexican signing the deal in Monaco, during the race weekend.

“Since joining Oracle Red Bull Racing, Checo has washed-up a fantastic job,” said Red Bull superabound Christian Horner. “Time and then he has proved himself to not only be a magnificent team player but as his level of repletion has grown he has wilt a real gravity to be reckoned with at the sharp end of the grid.

“This year he has taken flipside step and the gap to World Champion Max has sealed significantly, evidenced by his superb pole position in Jeddah older this year and by his wonderful win in Monaco just last weekend.

2022 Monaco Grand Prix: Pérez seals victory superiority of Sainz and Verstappen in rain-hit race in Monaco

“For us, holding onto his pace, race craft and wits was a no-brainer and we are delighted that Checo will protract to race for the team until 2024. In partnership with Max we believe we have a suburbanite pairing that can bring us the biggest prizes in F1.”

Perez added: “For me, this has been an incredible week, winning the Monaco Grand Prix is a dream for any suburbanite and then to follow that with announcing I will protract with the Team until 2024 just makes me extremely happy.

“I am so proud to be a member of this Team and I finger completely at home here now. We are working very well together and my relationship with Max, on and off the track, is definitely helping momentum us forward plane more.

“We have built tremendous momentum as a Team and this season is showing that, I am excited to see where that can take us all in the future.”

The 2023 and 2024 campaigns will be Perez’s 12th and 13th seasons respectively in Formula 1.