How much MONEY Checo Pérez will earn in Formula 1 after renewing his contract :: Olé USA

How much MONEY Checo Pérez will earn in Formula 1 after renewing his contract :: Olé USA
How much MONEY Checo Pérez will earn in Formula 1 after renewing his contract :: Olé USA

06/05/2024 08:57am.

It’s over to wait for Sergio Perez. Finally, the Mexican pilot will continue to be part of Red Bull Racing: extended his contractwhich ended at the end of the current campaign, until 2026 and thus assured his presence in Formula 1 for two more years. Now, how much money will Checo make?

After a time of uncertainty, the one born in Guadalajara extended their relationship until a historic fifth season and was enthusiastic about the renewal: “I am very happy to commit my future to this great team, it is a challenge like no other race for Oracle Red Bull Racing, both on and off the track. “I am delighted to stay here to continue our journey together and contribute to the great history of this team for two more years.”

What will be Checo Pérez’s salary at Red Bull?

The extension of Pérez’s contract at Red Bull made it possible for the Mexican to earn a better salary than he had been receiving. In 2024 the amounts earned by Formula 1 drivers were revealed and Sergio had an estimated land of USD 10 million without counting income from bonuses and image rights.

According to Bild, Checo Pérez would go on to earn a figure close to USD 14 million, being the seventh highest paid in La Máxima. Thus, it would justify the USD 26 million generated in income for having achieved runner-up status in the 2023 season.

The Mexican will receive a better salary. (Philip FONG / AFP)

At the moment, Pérez occupies fifth place in the standings after eight of this season’s 24 races, while Red Bull leads Ferrari by 24 points in the constructors’ battle.

The announcement by Red Bull and Christian Horner about the renewal of Checo Pérez

Christian Hornerteam leader, was happy with the good news: “Now is an important moment to confirm our lineup for 2025 and we are very happy to continue working alongside Checo. “Continuity and stability are important for the team and both Checo and Max are a solid and successful duo, securing our first double title for the team in last year’s championship.”

 
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