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Helmut Marko admits Sergio Perez's exit cost Red Bull millions amid reports they took so long to sack him because of the money factor

Sergio Perez is figuring out how to reboot his Formula 1 career at the age of 34 after Red Bull axed him following a dismal 2024 season, replacing him with Liam Lawson

Had Dietrich Mateschitz still been at the Red Bull helm when the F1 2024 in-fighting broke out, he would have soon nipped it in the bud. That is the claim of Red Bull’s reigning four-time World Champion Max Verstappen,

Recently axed Formula 1 star Sergio Perez has been tipped for a return to the pinnacle of motorsport after being dropped by Red Bull. The Mexican racer had been Max Verstappen's team-mate since 2021 after he left Racing Point to join Christian Horner's outfit.

Sergio Perez has lost his race seat at Red Bull with Liam Lawson taking his spot alongside Max Verstappen but the Mexican will still have a role to play in the coming season