While Pérez signed a new contract with the team ahead of the Canadian Grand Prix, reporting indicates that the contract allows for Pérez to be moved into an ambassadorial role.

"At Red Bull, Yuki Tsunoda is currently tipped to replace Sergio Perez. He is currently in the lead when it comes to replacing Checo. “The question at the moment is: Yuki Tsunoda or Liam Lawson? And both Christian Horner and Helmut Marko are leaning towards Tsunoda at the moment.

Red Bull chiefs will reportedly meet on Monday, hours after the Abu Dhabi Grand Prix, to finalise Max Verstappen's team-mate for the 2025 season. Sergio Perez is set to finish nearly 300 points behind his team-mate in the Drivers’ Championship and speculation has persisted for months over his future.

Sergio Perez looks set to be on the way out from Formula One and Red Bull after a torrid 2024 campaign. Various reports after Sunday’s race in Qatar state that Red Bull are set to move on from the 34-year-old after the season finale in Abu Dhabi this weekend,

Sergio Pérez's Red Bull future looks increasingly in doubt beyond the end of this season after team principal Christian Horner said the driver is "old enough and wise enough to know what the situation is.

The 34-year-old sits in eighth place in the F1 drivers' standings with one race remaining. Read more at straitstimes.com.

Even in the throes of a miserable run of form to end what he has labeled a “terrible” Formula One season with Red Bull, Sergio Pérez’s outward confidence about his future has never been shaken. On Thursday,

Christian Horner has all but confirmed that Sergio Perez won’t be returning to Red Bull as an F1 driver next year. The Mexican has endured a dismal season on the track and has fallen to eighth in the standings after another substandard weekend at the Qatar Grand Prix.

Sergio Perez knows the score and will come to his own conclusions about his Formula One future, Red Bull boss Christian Horner said after the Mexican fired another blank on Sunday with his time at the team seemingly close to an end.

Sergio Perez’s time at Red Bull Racing appears to be over. According to ESPN, “Red Bull have decided to move on” after this Sunday’s 2024 Formula 1 season finale in Abu Dhabi. Perez failed to finish the Qatar Grand Prix on Sunday after his said his car lost forward drive as he attempted to accelerate for a green flag.