Sergio Pérez has officially announced that he will part ways with Oracle Red Bull Racing at the end of the 2024 Formula One season. After four successful years with the team, Pérez and Red Bull have reached an agreement to end their partnership as the longest season in F1 history comes to a close.
Pérez, known to fans as "Checo," joined Red Bull ahead of the 2021 season. Over 90 starts with the team, the Mexican driver enjoyed the most accomplished period of his 13-year Formula One career. His tenure saw him claim five Grand Prix victories, including a sensational win at the prestigious Monaco Grand Prix and two Azerbaijan Grand Prix triumphs, earning him the title of "F1’s King of the Streets." Pérez also played a crucial role in Red Bull's back-to-back Constructors' Championship wins in 2022 and 2023.
Last season, his impressive performances helped secure a one-two finish in the Drivers' standings for the team, making history as Oracle Red Bull Racing's first pairing to achieve the feat.
Expressing gratitude, Pérez said in his statement, “I’m incredibly grateful for the past four years with Oracle Red Bull Racing and for the opportunity to race with such an amazing team. Driving for Red Bull has been an unforgettable experience, and I’ll always cherish the successes we achieved together. We broke records, reached remarkable milestones, and I’ve had the privilege of meeting so many incredible people along the way. A big thank you to every person in the team—from the management, engineers and mechanics, catering, hospitality, kitchen, marketing, and communications, as well as everyone at Milton Keynes. I wish you all the best for the future.”
Pérez also extended special thanks to his teammate, Max Verstappen, and to fans, particularly his Mexican supporters. “It has been an honor to race alongside Max as a teammate all these years and share in our success. A special thank you to the fans around the world, and especially to the Mexican fans, for your unwavering support every day. We’ll meet again soon. And remember… never give up.”
Christian Horner, Team Principal and CEO of Oracle Red Bull Racing, praised Pérez’s contributions during his time with the team. “I would like to thank Checo for all he has done for Oracle Red Bull Racing over the past four seasons. From the moment he joined in 2021, he proved himself to be an extraordinary team player, helping us to two Constructors’ titles and to our first 1-2 finish in the Drivers’ Championship. His five wins, all on street circuits, were a spectacular mark of his determination to always push to the limit. While Checo will not race for the team next season, he will always be an extremely popular team member and a treasured part of our history. Thank you, Checo.”
Further announcements regarding the Team’s full 2025 line-up will be made in due course.