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.

Sergio Perez has come under increasing pressure regarding to keep his seat at Red Bull for 2025; Perez did not want to discuss his contract situation in Qatar; watch every session from the season-endi

"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.

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,

Despite this, speaking after the Qatar GP, Horner confirmed that the decision to continue with the team was in Perez’s hands, as he provided an update on Red Bull's 2025 driver lineup.

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,

Perez signed a multi-year contract extension earlier this season, but his new terms did little to boost his deteriorating performances, and after a miserable second half of the campaign, ESPN report that Red Bull have made the decision to move on from the six-time Grand Prix winner.

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.

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.