Sergio Pérez

Red Bull Racing, Driver
Age: 34-301d (Jan 26, 1990)
Country: MX

2025-2026 Extension (UPCOMING EXTENSION)

Sergio Pérez signed a 2 year contract with the Red Bull Racing, including $11 signing bonus, and .
Contract Terms:
2 yr(s)
Signing Bonus:
$11
Free Agent:
2027
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2025 35 - - -
2026 36 - - -
2027 37
Year Age Base Salary Cap Hit
2025 35 - -
2026 36 - -
2027 37
Year Age Base Salary Cash Total Cash Cumulative
2025 35 - - -
2026 36 - - -
Source: FORMULA 1 contract specifics generally collected from verified reports.

2023-2024 Extension (CURRENT)

Sergio Pérez signed a 2 year contract with the Red Bull Racing, including $11 signing bonus, and . In 2024, Pérez will earn a base salary of $14,000,000, while carrying a cap hit of $14,000,000.
Contract Terms:
2 yr(s)
Signing Bonus:
$11
Free Agent:
2025 / UFA
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2023 33 $26,000,000 $26,000,000 $26,000,000
2024 34 $14,000,000 $14,000,000 $40,000,000
2025 35
UFA
Year Age Base Salary Incentives Likely Cap Hit
2023 33 $10,000,000 $16,000,000 $26,000,000
2024 34 $14,000,000 - $14,000,000
2025 35
UFA
Year Age Base Salary Cash Total Cash Cumulative
2023 33 $10,000,000 $26,000,000 $26,000,000
2024 34 $14,000,000 $14,000,000 $40,000,000
Contract Notes
Source: FORMULA 1 contract specifics generally collected from verified reports.

2022-2022

Sergio Pérez signed a 1 year contract with the Red Bull Racing.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Free Agent:
2023 / UFA
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2022 32 $8,000,000 $8,000,000 $8,000,000
2023 33
UFA
Year Age Base Salary Cap Hit
2022 32 $8,000,000 $8,000,000
2023 33
UFA
Year Age Base Salary Cash Total Cash Cumulative
2022 32 $8,000,000 $8,000,000 $8,000,000
Source: FORMULA 1 contract specifics generally collected from verified reports.

2021-2021

Sergio Pérez signed a 1 year contract with the Red Bull Racing.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2021 31 $18,000,000 $18,000,000 $18,000,000
Year Age Base Salary Incentives Likely Cap Hit
2021 31 $5,000,000 $13,000,000 $18,000,000
Year Age Base Salary Cash Total Cash Cumulative
2021 31 $5,000,000 $18,000,000 $18,000,000
Source: FORMULA 1 contract specifics generally collected from verified reports.

2020-2022 Extension

Sergio Pérez signed a 3 year contract with the BWT Racing Point.
Contract Terms:
3 yr(s)
Signing Bonus:
N/A
Free Agent:
2023 / UFA
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2019-2019

Sergio Pérez signed a 1 year , $3,500,000 contract with the BWT Racing Point, including an average annual salary of $3,500,000.
Contract Terms:
1 yr(s) / $3,500,000
Average Salary:
$3,500,000
Signing Bonus:
N/A
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2018-2018

Sergio Pérez signed a 1 year , $5,000,000 contract with the Sahara Force India, including an average annual salary of $5,000,000.
Contract Terms:
1 yr(s) / $5,000,000
Average Salary:
$5,000,000
Signing Bonus:
N/A
Free Agent:
2019 / UFA
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2017-2017

Sergio Pérez signed a 1 year , $2,500,000 contract with the Sahara Force India, including an average annual salary of $2,500,000.
Contract Terms:
1 yr(s) / $2,500,000
Average Salary:
$2,500,000
Signing Bonus:
N/A
Free Agent:
2018 / UFA
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2015-2016

Sergio Pérez signed a 2 year , $6,360,000 contract with the Sahara Force India, including an average annual salary of $3,180,000.
Contract Terms:
2 yr(s) / $6,360,000
Average Salary:
$3,180,000
Signing Bonus:
N/A
Free Agent:
2017 / UFA
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2014-2014

Sergio Pérez signed a 1 year contract with the Sahara Force India.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Free Agent:
2015 / UFA
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2013-2013

Sergio Pérez signed a 1 year , $2,000,000 contract with the McLaren, including an average annual salary of $2,000,000.
Contract Terms:
1 yr(s) / $2,000,000
Average Salary:
$2,000,000
Signing Bonus:
N/A
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2012-2012

Sergio Pérez signed a 1 year , $640,000 contract with the Sauber F1 Team, including an average annual salary of $640,000.
Contract Terms:
1 yr(s) / $640,000
Average Salary:
$640,000
Signing Bonus:
N/A
Free Agent:
2013 / UFA
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2011-2011

Sergio Pérez signed a 1 year , $278,000 contract with the Sauber F1 Team, including an average annual salary of $278,000.
Contract Terms:
1 yr(s) / $278,000
Average Salary:
$278,000
Signing Bonus:
N/A
Free Agent:
2012 / UFA
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Seasons

Years

Career Earnings thru 2024

$0

Earnings w/ Different Teams

0 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2011 21
Active
$278,000
2012 22
Active
$640,000
2013 23
Active
$2,000,000
2014 24
Active
$4,300,000
2015 25
Active
$4,360,000
2016 26
Active
$2,000,000
2017 27
Active
$2,500,000
2018 28
Active
$5,000,000
2019 29
Active
$3,500,000
2020 30
Active
$6,000,000
2021 31
Active
$18,000,000
2022 32
Active
$8,000,000
2023 33
Active
$26,000,000
2024 34
Active
$14,000,000
Total
$96,578,000

Earnings Per Team

Years Team Base Incentives Cash Cumulative
Year Team(s) Age Base Incentives Cash Total Cash Cumulative
2011
21
$278,000
$278,000
2012
22
$640,000
$640,000
2013
23
$2,000,000
$2,000,000
2014
24
$4,300,000
$4,300,000
2015
25
$4,360,000
$4,360,000
2016
26
$2,000,000
$2,000,000
2017
27
$2,500,000
$2,500,000
2018
28
$5,000,000
$5,000,000
2019
29
$3,500,000
$3,500,000
2020
30
$6,000,000
$6,000,000
2021
31
$5,000,000
$13,000,000
$18,000,000
2022
32
$8,000,000
$8,000,000
2023
33
$10,000,000
$16,000,000
$26,000,000
2024
34
$14,000,000
$14,000,000
Total
$67,578,000
$29,000,000
$96,578,000

Earnings Per Team

Years Team Base Incentives Cash Cumulative
  • Jun 04, 2024 Signed a 2 year contract extension with Red Bull Racing (RB)
  • May 31, 2022 Signed a 2 year contract extension with Red Bull Racing (RB)
  • Aug 27, 2021 Signed a contract with Red Bull Racing (RB) for the 2022 season
  • Dec 17, 2020 Signed a contract with Aston Martin Red Bull (RB) for the 2021 season
  • Sep 09, 2020 Will not return with Racing Point for the 2021 season
  • Nov 22, 2014 Signed a contract with Force India
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