Welcome at RacingNews365

Become part of the largest racing community in the United Kingdom. Create your free account now!

  • Share your thoughts and opinions about F1
  • Win fantastic prizes
  • Get access to our premium content
  • Take advantage of more exclusive benefits
Sign in
Christian Horner

Horner reveals crucial Perez contract detail

Christian Horner has revealed some of the finer details in Sergio Perez's new contract.

Perez Horner Monaco
Article
To news overview © XPBimages

Red Bull team principal Christian Horner has revealed that Sergio Perez's two-year deal is actually in the form of a one plus one, rather than an outright contract until the end of 2026.

It was announced ahead of the Canadian Grand Prix on Tuesday that Perez had signed a contract extension, keeping him alongside Max Verstappen for the foreseeable future. 

Perez is not the only Red Bull family driver to have received a new deal, as it was announced 30 minutes ahead of qualifying that RB has activated an option in Yuki Tsunoda's contract to retain him for 2025. 

Horner has explained the reasoning for the two contracts and has revealed some details about Perez's deal.

"They are all Red Bull drivers," Horner told Viaplay

"We decided to extend Checo for one more year, but in the meantime we also wanted to exercise Yuki's option. He is doing great at VCARB at the moment. So yes, he will stay for another year."

'1+1=2'

Interestingly, Red Bull has opted to give Perez a one-year plus one-year contract, with there being several clauses seemingly within it. 

Horner went into some more detail about the contract that was offered to Perez, which suggests that the Mexican driver sticking with Red Bull for 2026 and the new power unit regulations is not guaranteed. 

"Well, 1+1=2, so it's a two-year contract," explained Horner. 

"As with any contract, there is all kinds of things in it, but that is, of course, between the driver and the team."

Join the conversation!

x
RESULTS 2024 F1 Spanish Grand Prix - Qualifying