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.

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.

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

Christian Horner insists Sergio Perez is "old enough and wise enough to know what the situation is" as Red Bull looks set to split with the Mexican after Abu Dhabi. The Mexican will finish only eighth in the drivers' standings despite team-mate Max Verstappen winning his fourth title,

Sergio Perez has one more chance. The post Red Bull Authorities Set Timeline for Their Diminishing Allegiance to Sergio Perez Amidst Soaring Exit Rumors appeared first on EssentiallySports.

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.