Sergio Perez has left Red Bull after reaching an agreement with the Formula One team to part ways with immediate effect.
He helped them claim the Constructors’ Championship title in 2022 and 2023 and was the runner-up in the Drivers’ Championship last year.
The 34-year-old signed a new deal with Red Bull until 2026 earlier this year, but his place as Max Verstappen’s teammate came under intense scrutiny.
He finished eighth in the Drivers’ Championship this season, 285 points behind Verstappen, who secured his fourth successive drivers’ title and won nine races.
Perez was the only driver from the top four teams without a win this year.
He said: “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…
“It has also been an honour to race alongside Max as a teammate all these years and to share in our success. We’ll meet again soon. And remember… Never give up.”
Perez did not finish on the podium after he was third in China in April, while his last race win came in April last year.
He won twice in the 2023 season, while 27-year-old Verstappen triumphed a record 19 times.
He joined Red Bull in 2021 and claimed five of his six career grands prix victories at the team but endured a hugely-troubled 2024 campaign.
Perez finished the season by scoring just nine points across the final eight grands prix weekends.
New Zealand’s Liam Lawson is expected to replace Perez at Red Bull.
Perez Announces Red Bull Exit After Poor Performances In Formula One is first published on The Whistler Newspaper