Sergio Perez may receive up to $16 million to terminate his Red Bull Racing contract early due to underperformance.

Perez has not won a race since the 2023 Azerbaijan GP, while Verstappen has managed 26 victories in that time, driving the same machinery as Perez. Now, team principal Horner has suggested that it may have been a mistake to offer Perez a contract so early on in the season, claiming it 'didn't work'.

But focus is currently on the future of veteran Sergio Perez, amid the expectation that Red Bull Racing’s senior management will next week meet to remove him from its 2025 driver lineup. Perez has endured a lackluster season, is only eighth in the championship, and has taken only four podiums—none since April.

Sergio Perez's future at Red Bull is facing increased uncertainty as the team is set to hold meetings this week about the future driver line-ups of both of its

"At Red Bull, Yuki Tsunoda is currently tipped to replace Sergio Perez. He is currently in the lead when it comes to replacing Checo. “The question at the moment is: Yuki Tsunoda or Liam Lawson? And both Christian Horner and Helmut Marko are leaning towards Tsunoda at the moment.

Breaking down the key statistics from Sergio Perez's Red Bull career so far, and how he compares to his championship-winning teammate Max Verstappen.

Red Bull team principal Christian Horner stated that the team will evaluate Sergio Perez's 2024 season performance before deciding on an "appropriate way forwar

F1 2024 was Perez’s fourth season with Red Bull, and it was by far his worst. Red Bull will have to pay Sergio Perez a pretty penny. Fourth in his first season when his heroics

Christian Horner has admitted a mistake made by his team in determining Sergio Perez's future at Red Bull. ➡️ READ MORE A young Red Bull star's position for 2025 has been confirmed in an official announcement.