What Is Sergio Perez’s Net Worth and Salary at Red Bull?

The partnership of Red Bull Racing and Sergio Perez has been a subject of much debate and speculation, especially considering the murmurs about his early departure. Yet, despite the undercurrents of uncertainty, Red Bull Racing, steered by the astute Christian Horner, remains steadfast in its commitment to Perez until the end of 2024. This loyalty echoes the very essence of Red Bull’s ethos—nurturing talent with a blend of patience and audacity. The Mexican driver’s trajectory, punctuated by notable successes and challenging races, encapsulates the unpredictable yet exhilarating nature of Formula 1. His recent victories in 2023 have amplified this narrative, reiterating the team’s penchant for fostering a competitive yet supportive environment.

Now, while Perez’s performance on the track is undeniably impressive, many are equally curious about the details that remain off the circuit, particularly the intricacies of his contract. So what are

Sergio Perez’s Red Bull contract and salary

It seems like there’s money in the air, and this time, it’s raining in Sergio Perez’s yard. The charismatic Red Bull driver got himself a snazzy new contract in 2022. Here’s the spicy lowdown: Checo has bagged a pay rise which lands him a cool $7.4m. Throw in a bonus of $3.16m, and the chap’s pocketing a total of $10.56m. Yep, you read that right! And it 2021? A mere $8.2m. (Well, “mere” to him, at least.) Although he’s still got a bit of a ladder to climb if he’s looking to match the big boys like Norris, Verstappen, or Hamilton.

Oh, and for those who love a long-term commitment: Perez’s new contract is locked in for two solid years. No more of that “one year plus maybe another year” ambiguity. Seems like, it’s not just the engines that roar, the salaries do too!

Checo is living life in the fast lane, and we’re not just talking about his F1 career with Red Bull.

Read More: Christian Horner Highlights Sergio Perez’s “Struggle” After Charles Leclerc Exploits Red Bull’s Mediocrity

Sergio Perez’s net worth and sponsors

The Mexican speedster’s bank balance is catching up to his track speeds, with an estimated net worth swinging between a cool $30 million to an even cooler $50 million. The credit? Well, a hefty pat on the back from Mexican billionaire Carlos Slim Helú doesn’t hurt. For 2023, Checo’s dancing all the way to the bank with a nifty $10 million from Red Bull. Oh, and did we mention the cheeky $26 million from 2022, including a performance bonus? Yep, those bulls surely know how to pamper their star.

Back home, Checo is the brand magnet everyone wants a piece of. From his enduring association with Telmex to raising a glass as the brand ambassador for the famous PATRÓN tequila, the man’s got style. Nescafé recently hopped onto the Checo train with their Taster’s Choice range, and let’s not forget his proud role as the tourism ambassador for Jalisco. Twice! Oh, and did we spill the beans about him being a shareholder in Kavak México, the country’s first unicorn? Oops, our bad!

Now, every F1 superstar needs a dazzling ride off the track. Checo’s choice? A jaw-dropping $3 million Bugatti Chiron and a heartwarming first-generation Honda NSX. His abode? A swanky condo in Puerto Vallarta with views that could make anyone envious.

WATCH THIS STORY | How is Sergio Perez So Good at Street Tracks in F1?

To sum up, while there might be some on-track drama with Verstappen, off the track, Pérez is racing ahead, both in terms of career and finances. Here’s to more roaring success for our favorite Mexican F1 sensation!