Sergio Perez has signed a new two-year contract extension with Red Bull Racing, securing his place with the team until the end of the 2026 season. This extension ends speculation about his future and potential replacements, like Carlos Sainz, who were rumored to be eyeing his seat. Despite a recent slump in form, Red Bull team principal Christian Horner expressed confidence in Perez’s ability to bounce back and contribute to the team’s success alongside Max Verstappen, who is under contract until 2028【8†source】【9†source】.

Perez’s new deal not only extends his stay with the team but also includes a pay rise. This agreement solidifies his position as Verstappen’s teammate and ensures that Red Bull will maintain a stable driver lineup as they navigate the upcoming changes in F1 regulations from 2026【10†source】.