Sergio Perez's contract at Red Bull had been due to expire at the end of this season. There was speculation he might be replaced after difficulty matching the pace of teammate and defending champion Max Verstappen.
MILTON KEYNES, England — Sergio Perez is staying with Red Bull after signing a two-year contract extension with the Formula 1 team through 2026.
The 34-year-old Perez, nicknamed “Checo,” has not won a race since the Azerbaijan Grand Prix in April 2023, even as Verstappen sealed last year's title with a record 19 wins. However, Perez has won praise for his defensive driving to keep rivals off Verstappen's back, especially when he held up Lewis Hamilton before Verstappen took his first title in Abu Dhabi in 2021. Verstappen leads the standings this season with 169 points ahead of Ferrari's Charles Leclerc with 138.
With seven-time champion Lewis Hamilton leaving Mercedes for Ferrari next year, Red Bull could be the only one of F1's three biggest teams to keep the same lineup for 2025.
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