How much does ‘Checo’ Pérez earn and why did they renew him with Red Bull? We know this – El Financiero

Red Bull’s second seat has a first and last name, since Sergio ‘Checo’ Pérez renewed his contract with the team for two more years. He mexican pilot He signed until 2026, despite multiple rumors that spoke of his departure from the team.

Although the Mexican does not compete directly with Max Verstappen in the current tournament, he has endured the pressure of being the teammate of the Formula 1 champion. Pérez remains in the top of the best drivers since he arrived at Red Bull, the Guadalajara He has a big salary difference compared to his teammate.

How much is Sergio Pérez’s contract with Red Bull?

Since his arrival at Red Bull, the Mexican has experienced an increase in his salary and although the salary of the new contract renewal is unknown, Pérez has also obtained a bonus that now amounts to 16 million dollars.

According to information from the sports financial portal Spotrac, Sergio ‘Checo’ Pérez receives a salary of 26 million dollars annually, until 2024 and a bonus that ranges between 11 and 16 million dollars. Meanwhile, Max Verstappen has a salary of $70 million per season.

Mexican Sergio ‘Checo’ Pérez renews his contract with Red Bull for two more years. (Photos: EFE).

Why did Red Bull renew Sergio Pérez until 2026?

Pérez’s renewal comes after 29 podiums with Red Bulland the team director, Christian Horner, highlighted the importance of having stability in the team with the aim of maintaining the Constructors’ Championship, now that they will not have their engineer, Adrian Newey, for 2025.

The driver Sergio ‘Checo’ Pérez renewed with Red Bull until May 36 (Photo: EFE)

“We are very happy to continue working together with Checo. Continuity and stability are important for the team and both Checo and Max are a solid and successful partnership, ensuring our first result, one-two for the team in the championship last year,” said Christian Horner.

According to the analysis of the specialized journalist, Craig Slater, of Sky Sports F1, Pérez’s renewal is a victory for Christian Horner. Craig points out that the Guadalajara seat was highly desired, since Carlos Sainz, who is without a team for 2025, had also generated interest in the Austrian team, but the Mexican’s support for Horner during the investigation at the beginning of the year for alleged improper behavior was key.

“Sergio Pérez, among other things, had been unconditionally loyal to Christian Horner through all his troubles earlier this year. I think it’s definitely Christian Horner’s choice, that’s clear,” Craig mentioned for Sky Sports F1.

 
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