While Pérez signed a new contract with the team ahead of the Canadian Grand Prix, reporting indicates that the contract allows for Pérez to be moved into an ambassadorial role.

Even in the throes of a miserable run of form to end what he has labeled a “terrible” Formula One season with Red Bull, Sergio Pérez’s outward confidence about his future has never been shaken. On Thursday,

Sergio Perez’s time at Red Bull Racing appears to be over. According to ESPN, “Red Bull have decided to move on” after this Sunday’s 2024 Formula 1 season finale in Abu Dhabi. Perez failed to finish the Qatar Grand Prix on Sunday after he said his car lost forward drive as he attempted to accelerate for a green flag.

Sergio Checo Pérez's poor performance this year has had direct consequences for Red Bull in the Constructors' Championship

The 34-year-old sits in eighth place in the F1 drivers' standings with one race remaining. Read more at straitstimes.com.

Sergio Perez, Lando Norris FIA punishment, more PF1 sources: Sergio Perez set to leave Red Bull at end of F1 2024. Serg

Mexican Formula 1 star Sergio Perez, one of the top drivers in the sport over the last five years, is expected to part with Oracle Red Bull Racing at the end of this season.

Red Bull chief Christian Horner remained coy on Sergio Perez' future and will allow the Mexican driver to make his own conclusions. Perez has failed to secure a win this season after a good start in the first few races.

Sergio Perez has one more chance. The post Red Bull Authorities Set Timeline for Their Diminishing Allegiance to Sergio Perez Amidst Soaring Exit Rumors appeared first on EssentiallySports.

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