Sergio Perez: The massive pay rise and new terms behind new Red Bull contract
Perez is now paid €7m w🐷ith a💯 bonus €3m (a total of £8.6m), according to .
Perez was previously paid €5m, with a bonus of €3m (a total of £6.8m), the report ꦺsaꦜys.
His new salary takes him behind only the reported pay of Charles Leclerc and Carlos Saiꦇnz (£9.8m each), Daniel Ricciardo and Sebastian Vettel (£12.2m each), Fernando Alonso (£14.9m), Lando Norris (£20m), Max Verstappen and Lewis Hamilton (£40m each).
After winning the F1 Monaco Grand Prix he was overheard joking to team principal Christian Horner that he had sig𝔉ned his new deal too quicklꦦy.
The sponsorship from his home country of Mexico w🐷as a key part of Perez’s contr꧟act negotiations.
He reportedly brings €20m (£17m) into the Red Bull coffer𒁏s.
Perez’s new deal is also a guaranteed two-year extension rather than one year plus the opti🦹on of another yea♏r, the report says.
Is Sergio Perez an F1 title contender?
ꩲHorner said about Perez: “Time and again he has proved himself to not only be a magnificent team player but as his le෴vel of comfort has grown he has become a real force to be reckoned with at the sharp end of the grid.”
Perez i🎃s 15 points behind tea💮mmate Verstappen in the championship standings ahead of the F1 Azerbaijan Grand Prix.
Just a week earlier he was instructed via team radio꧃ to allow Verstappen to pass him, and he reacted with clear frustration.
