Sergio Perez signs contract extension with Red Bull

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Sergio Perez fresh from his 2022 Monaco Grand Prix victory signed his contract extension with Red Bull . He will stay with the team until the 2024 season .

An excited Perez said , “For me, this has been an incredible week, winning the Monaco Grand Prix is a dream for any driver and then to follow that with announcing I will continue with the team until 2024 just makes me extremely happy.”

Perez will earn $10 million after the contract extension . He was earning earning $8 million before this .

Perez is in an extraordinary form , having a sound season and is in place to fight for the F1 Driver’s championship too .

Christian Horner has revealed that Red Bull doesn’t prioritize a single driver for the F1 Driver’s championship and that constructors’ championship is utmost important . He said , “It doesn’t matter to us which of the two is world champion. Of course, the constructors’ is enormously important.

“But whether it’s Max or Checo, they’re both Red Bull drivers, and they’ve both got the same chance. Of course, it’s a long, long season, and it will have its ebbs and flows. But it’s great to have both drivers right at the sharp end.

Checo is in the form of his career, he’s doing a great job. And it’s not a one-off. I mean, we saw his pole position in Jeddah. And he’s really hitting a rich vein of form. So that’s fantastic for us. But we need both drivers working the way they are together.”

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