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.

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,

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 he said his car lost forward drive as he attempted to accelerate for a green flag.

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

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.

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.

Mexican Formula 1 star Sergio Perez, one of the top drivers in the sport over the last five years, is expected to part with Oracle Red Bull Racing at the end of this season.

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.