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Red Bull Racing is grappling with an enormous financial burden following the decision to part ways with Sergio Perez.

Hold on tight: it’s time to charge through the day’s main headlines at breakneck speed… F1 news: New Sergio Perez role, Lewis Hamilton snubbed and more Christian Horner conf

Red Bull motorsport advisor Helmut Marko recently addressed the departure of Sergio Pérez from the team, attributing it largely to a disconnect between Pérez's

Sergio Perez struggled in the second half of the 2024 F1 season and was ultimately dropped by Red Bull after a post-season review with Liam Lawson taking his place

Formula One season hasn't been kind to Red Bull, and the departure of Sergio Perez after four seasons marks a big change in the team. Max Verstappen, Perez's teammate, has been vocal about supporting Perez amid criticisms of his performance.