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Perez gives update on talks to renew Red Bull contract

Sergio Perez has revealed the status of contract talks between himself and Red Bull, with the Mexican driver's current deal set to expire at the end of 2022.

Sergio Perez has revealed that talks have started over a possible contract renewal with Red Bull. The Mexican driver joined the team on a one-year deal in 2021, and was then handed a further 12 months for the 2022 season. However, with that agreement due to end at the close of the current campaign, both parties had previously made positive noises about wanting to continue into 2023. Perez's manager, Julian Jakobi, was seen at Red Bull over the course of the Miami Grand Prix weekend, and Perez revealed after the race that talks have started. When asked by RacingNews365.com if the discussions had got underway, the 32-year-old said: "Yeah, we started the talks, but we are not in a hurry to get anything done soon."

Horner praises Perez's role at Red Bull

It comes after Red Bull team boss Christian Horner said that it would be a "no-brainer" for the squad to keep Perez. "He's doing a great job," he recently told North American outlet The Athletic . "Everybody's happy with him on the team. If we had to make a decision today, of course, we would want to extend. "As long as he keeps doing what he's doing, it will be a no-brainer."

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