Perez signs new two-year Red Bull deal: 'It is a challenge like no other'

Sergio Perez has signed a new two-year deal with Red Bull that will keep him at the Formula One team until the end of 2026, it was announced on Tuesday.

F1 team and driver standings

The 34-year-old Mexican's contract was up for renewal at the end of the season but the extension will keep him at the world champions into a sixth campaign.

"I am really happy to commit my future to this great team," said Perez, who has won six races in his career.

"It is a challenge like no other racing for Red Bull Racing, both on track and off track. I am delighted to be staying here to continue our journey together and contribute to this team's great history for two more years."

Perez has played second fiddle at Red Bull to world champion Max Verstappen and is currently fifth in the standings, 62 points behind his team-mate ahead of this weekend's Canadian Grand Prix.

¡Vamos Checo! ????

We are pleased to announce @SChecoPerez has signed a two-year extension to his existing contract ??

Nos complace anunciar que @SChecoPerez ha firmado una extensión de dos años a su contrato actual #F1 #RedBullRacing #ChecoPerez

Verstappen has indicated he will honour a contract that runs until 2028, despite interest from Mercedes following the fallout from allegations of sexual harassment involving team principal Christian Horner earlier this year.

Horner, who denies the allegations, was cleared in February of wrongdoing by an internal investigation carried out by Red Bull's parent company.

Red Bull's dominance has been threatened this season, with McLaren's Lando Norris winning in Miami last month, while Charles Leclerc triumphed in Monaco.

"Now is an important time to confirm our line-up for 2025 and we are very pleased to continue working together with Checo