Formula 1: Details of Sergio Perez’s new Red Bull contract has been revealed: According to reports, Sergio Perez is all set for a massive pay hike after signing a new contract with Red Bull. After winning the Monaco Grand Prix, the Mexican driver was handed new a two-year contract by the Milton Keynes-based team. Follow Formula 1 Live Updates on InsideSport.IN.
According to Sportune.fr, Perez will get €7 million with a bonus of €3 million (a total of €10 million). Meanwhile, his previous pay with Red Bull was €5 million, with a bonus of €3 million (a total of €8 million). Moreover, checo is hence getting a 20% pay hike.
Formula 1: REVEALED! Details of Sergio Perez’s new Red Bull contract has been revealed, Mexican driver set to receive BIG HIKE
His new salary makes him the ninth-highest paid driver on the grid. Ahead of him are Ferrari dup Charles Leclerc and Carlos Sainz (£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).
However, the sponsorship from his nation of origin of Mexico was a vital piece of Perez’s agreement dealings. He apparently brings €20m (£17m) into the Red Bull money chests.
Thank you for all the trust and for making me part of this family for two more years! Vamooos!
¡Gracias por toda la confianza y por hacerme parte de esta familia hasta 2024! ¡Vamooos! @redbullracing pic.twitter.com/DCNpUt3WMg
— Sergio Pérez (@SChecoPerez) May 31, 2022
Perez’s new arrangement is likewise guaranteed a two-year expansion as opposed to one year in addition to the choice of one more year, the report says.
Formula 1: REVEALED! Details of Sergio Perez’s new Red Bull contract has been revealed, Mexican driver set to receive BIG HIKE
Formula 1: REVEALED! Details of Sergio Perez’s new Red Bull contract has been revealed, Mexican driver set to receive BIG HIKE
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