Sergio Perez said he rejected opportunities from two other Formula 1 teams to return to Red Bull for the 2025 season. Perez signed an extension earlier this year but has come under intense scrutiny while falling to eighth in the drivers' standings.

Sergio Perez is set to remain at Red Bull after reports suggest the Mexican has brought in new sponsors worth over $40 million

Damon Hill agrees with fellow Sky Sports F1 pundit Martin Brundle about what Red Bull will do next with Sergio Perez fighting for his future and Liam Lawson waiting in the wings

Martin Brundle believes Sergio Perez won’t be at the wheel of a Red Bull in F1 2025, with the Mexican close to being a “passenger” in the team. Perez has struggled for form and consistency throughout F1 2024,

Despite having secured a contract for his future, it is highly uncertain whether Sergio Perez will continue to compete for Red Bull Racing in Formula 1 next season. Liam Lawson and Franco Colapinto are seen as potential successors to Max Verstappen's teammate.

Red Bull seem to have an idea of who they want to come in, should Liam Lawson be promoted from sister team RB to replace Sergio Perez, but it will not be straightforward

Unfortunately, Perez's form shows no signs of improvement. In Mexico, Perez suffered a shock early Q1 exit in qualifying and finished Sunday's race in P17, while in Brazil he could only recover from a horror qualifying to finish 11th, once again out of the points.

Yet more news has emerged from the Formula 1 world today. A lucrative, new sponsorship deal for Sergio Perez may see him stay at Red Bull, despite his many hiccups alongside Max Verstappen this year.

Red Bull are set to make a shock decision over Sergio Perez’s F1 future according to recent reports. The Mexican star has failed to deliver at Red Bull throughout the 2024 season, but the team retained faith in him following replacement rumours prior to the summer break.