Sergio Perez signs new Red Bull F1 deal as surprising contract detail emerges

Sergio Perez has secured his place in Formula 1 for two more years after Red Bull agreed a new multi-year deal.

Red Bull have decided that the Mexican, 34, remains the best choice to race alongside Max Verstappen in 2025. Perez has signed a new two-year deal keeping him with the team not only next year but also in 2026.