Sergio Perez: The massive pay rise and new terms behind new Red Bull contract
Perez is now💯 paid €7m wi♎th 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 says.
His new salary takes him behind only the reported pay of Charles Leclerc and Carlos Sainz (£9.8m each), Daniel Ricciardo and Sebastian Vettel (£12.2m each), Fernando Alonso (£14.9m), Lando Norris (£20m), Ma🅠x Verstappen and Lewis Hamil🍷ton (£40m each).
After winning the F1 Monaco Grand Prix he was ♍overheard joking to team principal Christian Horner that he had signed his new deal too quickl🍨y.
The sponsorship꧟ from his home country of Mexico was a key part of Perez’s contract negotiations.
He reportedly brings €20m (£17m) int🍨o the Red Bull coffers.
Perez’s new deal is also a guaranteed two-year ♏extension rather than one year plus the option of another year, the report says.
Is Sergio Perez an F1 title contender?
Horner said about Perez: “Time and again he has proved himself to not only be a magnificent team player but as his level of comfort has grown he has become a real force to be reckoned with at💖 the sharp end of the grid.”
Perez is 🤡15 points behind teammate Verstappen in the championship standings ahead of the F1 Azerbaijan Graꦐnd Prix.
Just a week earlier he was instructed via team radio to allow Verstappen to pass him, aꦡnd he reacted with clear frustration.
