Sergio Perez will head into F1’s summer break with a sigh of relief. After weeks of speculation surrounding his future at Red Bull, the team has decided to retain the Mexican driver for the remainder of the 2024 season.
The decision came after a critical meeting held on Monday by Red Bull management, including team principal Christian Horner and advisor Helmut Marko.
While details of the discussion remain under wraps, sources indicate that Horner addressed the team at their Milton Keynes headquarters, assuring them that Perez would be back in the car when the season resumes at the Dutch Grand Prix on August 23.
While Red Bull’s championship leader Max Verstappen has racked up an impressive seven wins, Perez has consistently fallen short of matching the car's potential.
The 34-year-old’s struggles, coupled with Red Bull's diminishing pace advantage over McLaren, fueled speculation that Perez might be replaced.
With McLaren breathing down Red Bull's neck in the constructors' championship – and currently sitting 42 points behind the bulls – the Austrian team needs a driver who can consistently deliver on race weekends.
At last weekend’s Belgian Grand Prix, Perez appeared determined to raise his game, having qualified on the front row of the race – his best positions since last April’s Chinese Grand Prix.
But the six-time Grand Prix winner’s display in the race was another case of unfulfilled expectations, with Helmut Marko blasting Perez’s efforts.
"Sergio had the opportunity to take a good result from second place,” Marko told Sky Germany.
“Unfortunately, that wasn't the case. Especially in the last stint, he completely collapsed, where he set 1m48s lap times. What looked so positive in qualifying unfortunately didn't materialise in the race."
The lackluster performance and Marko’s comments seemed to spell the end of Perez’s Red Bull tenure. However, the team has opted for stability rather than a risky mid-season driver change.
“Checo remains a Red Bull Racing driver despite recent speculation and we look forward to seeing him perform at tracks he has previously excelled at after the summer break,” said Christian Horner in a statement issued by a Red Bull Racing spokesperson.
Perez was not present at Monday’s meeting, having flown directly back home to Mexico after Sunday’s race.
But in Spa, he made clear to the media that he would no longer respond to questions about his future.
“I think we have too much going on in the team and a lot of things that we have to focus on, and we cannot waste any energy with all this speculation," he said.
"This is the last time I will speak about the future, so just to make it clear for everyone, I will not be speaking anymore. I will not answer any more questions about the future."
Fortunately, Monday’s lifeline has put the uncertainty surrounding Perez’s future to rest. For now.
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