Perez was drafted in by Red Bull for the 2021 season to replace Alex Albon and while he struggled to match teammate Max Verstappen and only took five podiums to Verstappen’s 18 – with one win – the Mexican did enough to trigger a one-year contract extension.
In 2022 Perez confirmed that Red Bull’s confidence was justified as he became the dependable points scorer Red Bull had been looking for. Following a mechanical retirement in Bahrain, the 32-year-old hasn’t finished lower than fourth and took four podiums, including a win last weekend in Monaco.
Perez appeared to misspeak at the podium ceremony, telling team boss Christian Horner “I signed too soon” and two days later the team has now confirmed Perez will stay on.
Rather than signing another one-year deal, Perez now gets a two-year deal that will see him partner Verstappen until the end of the 2024 season.
More to follow.
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