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Red Bull Racing has announced that Sergio Perez will continue to race for the team in Formula 1 through at least the 2026 season.

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The World Champions revealed on Tuesday that 34-year-old Perez has signed a two-year extension to his existing contract.

Perez joined Red Bull Racing in 2021, after spells at Sauber, McLaren and Force India/Racing Point, and finished second in last year’s championship.

Perez’s current deal was set to expire after the 2024 campaign but Red Bull has now tied him down for another two years, alongside World Champion Max Verstappen.

“I am really happy to commit my future to this great team, it is a challenge like no other racing for Red Bull Racing, both on track and off track,” Perez said.

“I am delighted to be staying here to continue our journey together and contribute to this team’s great history for two more years.

“Being part of the team is an immense challenge, and one I love. We have a great challenge this year and I have full trust in the whole team that the future is bright here and I am excited to be part of it.

“I want to thank everyone for all the trust they are putting in me, it is a lot and I want to pay it back with excellent results on track, and off track. I think we have a lot of work to do, we have a lot more championships to win together.”

Perez has slipped to fifth in this year’s championship after a couple of difficult events but boss Christian Horner has backed the Mexican to rebound.

“Now is an important time to confirm our line-up for 2025 and we are very pleased to continue working together with Checo,” Horner said.

“Continuity and stability are important for the team and both Checo and Max are a successful and robust partnership, securing our first ever one-two finish for the Team in the Championship last year.

“Checo has had a strong start to 2024 with second places in Bahrain, Saudi Arabia and Japan and then his podium in China.

“The past few races have been tough, there is convergence on the grid, but we are confident in Checo and look forward to his return to proven form and performance, that we so often see.

“Last year was a unicorn season and we will need to work hard to retain our titles, but we are assured in our line-up and with the team as a whole, which is imperative in what is shaping up to be a close fought championship this year.”