Alex Albon had a highly disappointing campaign in the 2020 season. He fell short of expectations and lost his Formula 1 seat to Sergio Perez towards the end of the season. However, he is still associated with Red Bull in the capacity of a reserve driver. The British-Thai driver was open about his feelings of being replaced by Perez [https://www.essentiallysports.com/tag/sergio-perez/]. He stated he was hurt after hearing the news of replacement [https://www.essentiallysports.com/f1-news-when-red-bull-actually-finalised-perez-as-albons-replacement/]. However, he also claimed this is not his last year in Formula 1. Albon is also a part of the second Virtual Grand Prix series that kicked off this Sunday alongside George Russell [https://www.essentiallysports.com/tag/george-russell/] and Nicholas Latifi [https://www.essentiallysports.com/tag/nicholas-latifi/]. Before the virtual race, the Thai driver was caught joking about losing his Red Bull [https://www.essentiallysports.com/category/f1/red-bull/] seat. He was waiting for other racers to join and said, “I’m a little bit sad, I feel like everyone’s busy, obviously I’m less busy.” Albon then burst into a laugh and continued waiting for players to join. ALSO READ – Who Owns the Red Bull F1 Team? [https://www.essentiallysports.com/f1-news-who-owns-the-red-bull-f1-team/] ALEX ALBON TO RACE IN DTM IN 2021 Alongside the role of Red Bull reserve driver [https://www.essentiallysports.com/f1-news-villeneuve-claims-alex-albon-is-clinging-onto-red-bull-seat-only-because-of-his-passport/], Albon will also drive in Germany’s prestigious touring car championship. He will partner along with New Zealand racer, Liam Lawson, who finished P5 in last year’s Formula 3 series. Helmut Marko explained the importance of Albon [https://www.essentiallysports.com/tag/alexander-albon/] racing in the DTM series. “The DTM, with a high-class field and GT3 sports cars, is an interesting platform and a real challenge, both for successful race drivers like Alex Albon as for our Red Bull junior driver Liam Lawson,” he said [https://www.formula1.com/en/latest/article.albon-to-race-in-dtm-in-2021-alongside-red-bull-reserve-role.3oHwuPbkNMxviAcHGV9Ew8.html]. Alex Albon before start of the race at Emilia Romagna Grand Prix [https://www.essentiallysports.com/wp-content/uploads/2020-11-01T124738Z_2052478244_UP1EGB10ZJEW7_RTRMADP_3_MOTOR-F1-EMILIAROMAGNA.jpg]Formula One F1 – Emilia Romagna Grand Prix – Autodromo Enzo e Dino Ferrari, Imola, Italy – Red Bull’s Alexander Albon before the race Pool via Reuters/Rudy Carezzevoli It is not yet confirmed which team and car will the pair contest from in the 2021 DTM series. However, it is clear that Albon has set out to expose himself and improve his race craft to prove he deserves a Formula 1 seat. Do you think Albon deserves a Formula 1 seat? If yes, how long do you reckon it’ll take for the Thai driver to make a comeback? 

Alex Albon was replaced by Sergio Perez for the 2021 season as the Thai born
driver makes a joke about losing his seat before a virtual GP.

Ayush Manjunath is a Formula 1 author for EssentiallySports with more than 500
articles to his name. A Law graduate and a current Sports Management student,
Ayush also has a certificate from UCLA on Sports, Media and Entertainment
Management. He has an undying love for motorsports and lives to see Max
Verstappen, George Russell, Charles Leclerc, and Lando Norris battle for the
championship one day!

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<h2 style="text-align: center"><b>Helmut Marko: 2023 Net Worth, Salary, and Endorsements</b></h2>
<span style="font-weight: 400">Can you imagine Red Bull Racing being the team it is today without drivers like Sebastian Vettel, Daniel Ricciardo, and Max Verstappen? Had it not been for them (and so many others affiliated with the Red Bull family) and the legacy they?ve created, it?s safe to say Red Bull wouldn?t have been the Red Bull we know today. Had it not been for <strong>Helmut Marko</strong>, there?s a high likelihood that none of the aforementioned drivers would have gotten their shot at Formula 1.?</span>

[caption id="attachment_1292392" align="aligncenter" width="1920"]<img class="wp-image-1292392 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2022-10-29T210048Z_758235999_UP1EIAT1MDA4K_RTRMADP_3_MOTOR-F1-MEXICO.jpg" alt="Helmut Marko" width="1920" height="1349" /> Formula One F1 - Mexico City Grand Prix - Autodromo Hermanos Rodriguez, Mexico City, Mexico - October 29, 2022 Red Bull team advisor Helmut Marko during practice REUTERS/Carlos Perez Gallardo[/caption]

<span style="font-weight: 400">Before Helmut Marko made his mark as a Red Bull key figure, he was a racing driver himself. Born on April 27, 1943, in Graz, Austria, Marko fell in love with motorsport at quite a young age. Following a successful stint in endurance racing?winning the 1971 24 Hours of Le Mans?and a short stint in F1?10 races in 1971 and 1972?he was forced to retire. At the 1972 French GP, a stone pierced through his helmet visor and blinded his left eye permanently, effectively ending his racing career.</span>

<span style="font-weight: 400">In 1989, he got back into the racing circuit, not as a driver but as a Team Principal. He set up RSM Marko, a team competing in Formula 3 and Formula 3000. As an Austrian and a close friend of Red Bull founder, the late Dietrich Mateschitz, Marko made the first step to bring Red Bull into the motorsport industry. He renamed RSM Marko to Red Bull Junior Team in 1999. While the team competed only until 2003, it helped kick-start the Red Bull driver development program in 2001 as we know it today.</span>

<span style="font-weight: 400">Since its inception, Marko has been driving the program?scouting and nurturing young talent and giving them the avenue to enter F1. In 2005, Red Bull officially entered the championship as a constructor. A year later, Red Bull?s sister team, Scuderia Toro Rosso (now Scuderia AlphaTauri) joined the sport as well. While Marko plays a significant role in both teams? functioning, AlphaTauri is almost entirely under his jurisdiction.?</span>

<span style="font-weight: 400">Marko has very high standards and expectations from his drivers. Because of the authority he has, he and Red Bull management have become notorious for mid-season driver swappings and sackings. Case in point: AlphaTauri rookie Nyck de Vries getting replaced by Daniel Ricciardo this season. But his high expectations and constant pressure have also helped nurture a few of the best talents the sport has ever seen. Case in point: Sebastian Vettel and Max Verstappen.</span>
<h2 style="text-align: center"><b>On-track Achievements</b></h2>
<span style="font-weight: 400">As mentioned earlier, Marko?s racing career was very short-lived. In the 10 F1 races he competed in between 1971 and 1972, he drove for BRM and McLaren, but couldn?t score any points. While his time in F1 wasn?t anything to write home about, his performance at the 1971 Le Mans is the highlight of his racing career. Driving a Martini-Porsche 917K and partnering Gijs van Lennep, they won the prestigious race.?</span>

<span style="font-weight: 400">While that?s as far as his racing achievements go, if his achievements with Red Bull count, he has many more. After giving Vettel a shot at F1 with Toro Rosso in 2007, the German gave the Red Bull family its first win in F1 at the 2008 Italian GP. A year later, he got promoted to the works team, and from there, Vettel didn?t look back. 20010 to 2013 were Vettel?s years. He won four championships in a row, and with Mark Webber alongside him, they gave Red Bull four Constructors? Championships as well.</span>

[caption id="attachment_1279588" align="aligncenter" width="1920"]<img class="wp-image-1279588 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2022-10-23T224349Z_1230209773_UP1EIAN1R4Z6K_RTRMADP_3_MOTOR-F1-USA.jpg" alt="Team Red Bull" width="1920" height="1310" /> Formula One F1 - United States Grand Prix - Circuit of the Americas, Austin, Texas, U.S. - October 23, 2022 Red Bull team principal Christian Horner, advisor Helmut Marko, Max Verstappen, Sergio Perez, Red bull team and staff celebrate winning the constructors championship REUTERS/Brian Snyder[/caption]

<span style="font-weight: 400">Can Max Verstappen be considered an achievement? If so, he?s another one of Marko?s. In 2014, when the Dutchman was competing in F3 and impressing, Marko saw potential in him. He told his Austrian compatriot Toto Wolff that Verstappen reminded him of Ayrton Senna and that he has all the assets to succeed at the pinnacle of motorsport. Wolff didn?t see the same spark in Verstappen, but Marko trusted his gut and snatched him up for an F1 drive in 2015.?</span>

<span style="font-weight: 400">Verstappen joined Toro Rosso as a 17-year-old, and a year later, he was promoted to Red Bull (in a mid-season swap). Driving in his first race for Red Bull at the 2016 Spanish GP, the Dutchman won it. Since then, he?s won 50 more races and three Drivers? Championships. He?s also broken innumerable records along the way.?</span>

<span style="font-weight: 400">So, considering everything, Marko has a Le Mans win to his name, seven Drivers? Championships, and six Constructors? Championships.</span>
<h2 style="text-align: center"><b>Helmut Marko at Red Bull</b></h2>
<span style="font-weight: 400">Marko isn?t an official employee of Red Bull Racing, but he?s played a key role in the team since its foundation. Because of how close he was to Mateschitz, they worked together to build Red Bull, with Marko acting as a consultant and advisor to Mateschitz. Once Red Bull got off the ground, Marko continued that role and became Red Bull?s Motorsport Advisor.</span>

<span style="font-weight: 400">His biggest responsibility in the organization is looking over the driver development program. Additionally, he also plays a crucial role in driver selection. But because he has the authority, and has high expectations, he?s also infamous for switching drivers between teams very often. When Daniil Kvyat started underperforming in Red Bull in 2016, he promoted Verstappen and demoted Kvyat. The same thing happened with Pierre Gasly and Alex Albon in 2019. This year, when De Vries? didn?t live up to his expectations at AlphaTauri, Marko saw Ricciardo?s performance in one test session and gave him a call to replace De Vries.</span>

<span style="font-weight: 400">He also acts like Red Bull?s spokesperson often, but that hasn?t always worked out in his favor.</span>
<h2 style="text-align: center"><b>Helmut Marko?s controversies</b></h2>
<span style="font-weight: 400">In 2020, during the peak of the COVID-19 pandemic, Marko suggested that Red Bull drivers should go to a camp and intentionally contract the virus. Why? Because it would help build immunity. Considering the virus was deadly in a lot of cases, people widely criticized his comments for their lack of sensitivity and disregard for public health concerns. In an interview with </span><i><span style="font-weight: 400">Road &amp; Track</span></i><span style="font-weight: 400">, he addressed these comments.?</span>

<i><span style="font-weight: 400">?I was serious. Doctors believed once you had it, it?s over. That you can get it a second and third time wasn?t known then. And we have young, strong people. It?s like a flu. Imagine if [Max] Verstappen would have got it last year at the wrong moment. The championship would?ve been gone if he had to miss one or two races,?</span></i><span style="font-weight: 400"> he explained.</span>

<span style="font-weight: 400">Most recently, the Austrian received a lot of backlash for his xenophobic comments against Sergio Perez. The Mexican Red Bull driver hasn?t had the best time in the team this year. His form has been quite erratic, with him struggling to hold on to P2 in the championship. In light of his subpar form, Marko said, </span><i><span style="font-weight: 400">?We know that [Perez] has problems in qualifying. He has fluctuations in form. He is South American, and he is just not as completely focused in his head as Max [Verstappen] or as Sebastian [Vettel].?</span></i>

[caption id="attachment_833011" align="aligncenter" width="1920"]<img class="wp-image-833011 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2021-11-06T172342Z_1067998021_UP1EHB61CBGTO_RTRMADP_3_MOTOR-F1-MEXICO.jpg" alt="Red Bull Dr Marko with Sergio Perez" width="1920" height="1356" /> Formula One F1 - Mexico Grand Prix - Autodromo Hermanos Rodriguez, Mexico City, Mexico - November 6, 2021 Head of Red Bull's driver development program Helmut Marko with Red Bull's Sergio Perez REUTERS/Andres Stapff[/caption]

<span style="font-weight: 400">Considering he attributed Perez?s form to his ethnicity, people weren?t happy. A few days after Marko?s comments, he publicly apologized and even had a one-on-one conversation with Perez to clear the air. Although Perez forgave him, Lewis Hamilton wasn?t too pleased with how Red Bull handled the situation. Considering Marko is affiliated with the team, Hamilton expected some action against the advisor. But neither did Red Bull make a public statement about the comments nor take any action against Marko.</span>
<h2 style="text-align: center"><b>Helmut Marko?s Net Worth</b></h2>
<span style="font-weight: 400">Owing to his racing career, his role at Red Bull, and having dedicated his life to motorsport, Marko is estimated to have a net worth of $1.5 million. For a motorsport career that has spanned five decades (and counting), it makes sense that his net worth is this much. As for his salary, that isn?t too clear, especially considering how he isn?t an actual employee of Red Bull Racing.</span>
<h2><b>Helmut Marko?s Endorsements</b></h2>
<span style="font-weight: 400">Helmut Marko isn?t particularly known to have any sponsorships or endorsements. Since he joined Red Bull, his only focus has been on the team and its functioning.</span>
<h2 style="text-align: center"><b>How to contact Helmut Marko?</b></h2>
<span style="font-weight: 400">The Red Bull Motorsport Advisor isn?t active on any social media platforms.</span>
<table class=" aligncenter">
<tbody>
<tr>
<td><span style="font-weight: 400">Net Worth</span></td>
<td><span style="font-weight: 400">$1.5 million</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Date of Birth</span></td>
<td><span style="font-weight: 400">April 27, 1943</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Place of Birth</span></td>
<td><span style="font-weight: 400">Graz, Austria</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Marital Status</span></td>
<td><span style="font-weight: 400">Married</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Children</span></td>
<td><span style="font-weight: 400">Sonja Grassberger, Ann Maria Marko</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Nationality</span></td>
<td><span style="font-weight: 400">Austria</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Team(s)</span></td>
<td><span style="font-weight: 400">Red Bull, AlphaTauri</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Salary</span></td>
<td><span style="font-weight: 400">Unknown</span></td>
</tr>
</tbody>
</table>

Helmut Marko

Helmut Marko: 2023 Net Worth, Salary, and Endorsements Can you imagine Red Bull Racing being the team it is today without drivers like Sebastian Vettel, Daniel Ricciardo, and Max Verstappen? Had it not been for them (and so many others affiliated with the Red Bull family) and the legacy they?ve created, it?s safe to say Red Bull wouldn?t have been the Red Bull we know today. Had it not been for Helmut Marko, there?s a high likelihood that none of the aforementioned drivers would have gotten their shot at Formula 1.? Formula One F1 &#8211; Mexico City Grand Prix &#8211; Autodromo Hermanos Rodriguez, Mexico City, Mexico &#8211; October 29, 2022 Red Bull team advisor Helmut Marko during practice REUTERS/Carlos Perez Gallardo Before Helmut Marko made his mark as a Red Bull key figure, he was a racing driver himself. Born on April 27, 1943, in Graz, Austria, Marko fell in love with motorsport at quite a young age. Following a successful stint in endurance racing?winning the 1971 24 Hours of Le Mans?and a short stint in F1?10 races in 1971 and 1972?he was forced to retire. At the 1972 French GP, a stone pierced through his helmet visor and blinded his left eye permanently, effectively ending his racing career. In 1989, he got back into the racing circuit, not as a driver but as a Team Principal. He set up RSM Marko, a team competing in Formula 3 and Formula 3000. As an Austrian and a close friend of Red Bull founder, the late Dietrich Mateschitz, Marko made the first step to bring Red Bull into the motorsport industry. He renamed RSM Marko to Red Bull Junior Team in 1999. While the team competed only until 2003, it helped kick-start the Red Bull driver development program in 2001 as we know it today. Since its inception, Marko has been driving the program?scouting and nurturing young talent and giving them the avenue to enter F1. In 2005, Red Bull officially entered the championship as a constructor. A year later, Red Bull?s sister team, Scuderia Toro Rosso (now Scuderia AlphaTauri) joined the sport as well. While Marko plays a significant role in both teams? functioning, AlphaTauri is almost entirely under his jurisdiction.? Marko has very high standards and expectations from his drivers. Because of the authority he has, he and Red Bull management have become notorious for mid-season driver swappings and sackings. Case in point: AlphaTauri rookie Nyck de Vries getting replaced by Daniel Ricciardo this season. But his high expectations and constant pressure have also helped nurture a few of the best talents the sport has ever seen. Case in point: Sebastian Vettel and Max Verstappen. On-track Achievements As mentioned earlier, Marko?s racing career was very short-lived. In the 10 F1 races he competed in between 1971 and 1972, he drove for BRM and McLaren, but couldn?t score any points. While his time in F1 wasn?t anything to write home about, his performance at the 1971 Le Mans is the highlight of his racing career. Driving a Martini-Porsche 917K and partnering Gijs van Lennep, they won the prestigious race.? While that?s as far as his racing achievements go, if his achievements with Red Bull count, he has many more. After giving Vettel a shot at F1 with Toro Rosso in 2007, the German gave the Red Bull family its first win in F1 at the 2008 Italian GP. A year later, he got promoted to the works team, and from there, Vettel didn?t look back. 20010 to 2013 were Vettel?s years. He won four championships in a row, and with Mark Webber alongside him, they gave Red Bull four Constructors? Championships as well. Formula One F1 &#8211; United States Grand Prix &#8211; Circuit of the Americas, Austin, Texas, U.S. &#8211; October 23, 2022 Red Bull team principal Christian Horner, advisor Helmut Marko, Max Verstappen, Sergio Perez, Red bull team and staff celebrate winning the constructors championship REUTERS/Brian Snyder Can Max Verstappen be considered an achievement? If so, he?s another one of Marko?s. In 2014, when the Dutchman was competing in F3 and impressing, Marko saw potential in him. He told his Austrian compatriot Toto Wolff that Verstappen reminded him of Ayrton Senna and that he has all the assets to succeed at the pinnacle of motorsport. Wolff didn?t see the same spark in Verstappen, but Marko trusted his gut and snatched him up for an F1 drive in 2015.? Verstappen joined Toro Rosso as a 17-year-old, and a year later, he was promoted to Red Bull (in a mid-season swap). Driving in his first race for Red Bull at the 2016 Spanish GP, the Dutchman won it. Since then, he?s won 50 more races and three Drivers? Championships. He?s also broken innumerable records along the way.? So, considering everything, Marko has a Le Mans win to his name, seven Drivers? Championships, and six Constructors? Championships. Helmut Marko at Red Bull Marko isn?t an official employee of Red Bull Racing, but he?s played a key role in the team since its foundation. Because of how close he was to Mateschitz, they worked together to build Red Bull, with Marko acting as a consultant and advisor to Mateschitz. Once Red Bull got off the ground, Marko continued that role and became Red Bull?s Motorsport Advisor. His biggest responsibility in the organization is looking over the driver development program. Additionally, he also plays a crucial role in driver selection. But because he has the authority, and has high expectations, he?s also infamous for switching drivers between teams very often. When Daniil Kvyat started underperforming in Red Bull in 2016, he promoted Verstappen and demoted Kvyat. The same thing happened with Pierre Gasly and Alex Albon in 2019. This year, when De Vries? didn?t live up to his expectations at AlphaTauri, Marko saw Ricciardo?s performance in one test session and gave him a call to replace De Vries. He also acts like Red Bull?s spokesperson often, but that hasn?t always worked out in his favor. Helmut Marko?s controversies In 2020, during the peak of the COVID-19 pandemic, Marko suggested that Red Bull drivers should go to a camp and intentionally contract the virus. Why? Because it would help build immunity. Considering the virus was deadly in a lot of cases, people widely criticized his comments for their lack of sensitivity and disregard for public health concerns. In an interview with Road &amp; Track, he addressed these comments.? ?I was serious. Doctors believed once you had it, it?s over. That you can get it a second and third time wasn?t known then. And we have young, strong people. It?s like a flu. Imagine if [Max] Verstappen would have got it last year at the wrong moment. The championship would?ve been gone if he had to miss one or two races,? he explained. Most recently, the Austrian received a lot of backlash for his xenophobic comments against Sergio Perez. The Mexican Red Bull driver hasn?t had the best time in the team this year. His form has been quite erratic, with him struggling to hold on to P2 in the championship. In light of his subpar form, Marko said, ?We know that [Perez] has problems in qualifying. He has fluctuations in form. He is South American, and he is just not as completely focused in his head as Max [Verstappen] or as Sebastian [Vettel].? Formula One F1 &#8211; Mexico Grand Prix &#8211; Autodromo Hermanos Rodriguez, Mexico City, Mexico &#8211; November 6, 2021 Head of Red Bull&#8217;s driver development program Helmut Marko with Red Bull&#8217;s Sergio Perez REUTERS/Andres Stapff Considering he attributed Perez?s form to his ethnicity, people weren?t happy. A few days after Marko?s comments, he publicly apologized and even had a one-on-one conversation with Perez to clear the air. Although Perez forgave him, Lewis Hamilton wasn?t too pleased with how Red Bull handled the situation. Considering Marko is affiliated with the team, Hamilton expected some action against the advisor. But neither did Red Bull make a public statement about the comments nor take any action against Marko. Helmut Marko?s Net Worth Owing to his racing career, his role at Red Bull, and having dedicated his life to motorsport, Marko is estimated to have a net worth of $1.5 million. For a motorsport career that has spanned five decades (and counting), it makes sense that his net worth is this much. As for his salary, that isn?t too clear, especially considering how he isn?t an actual employee of Red Bull Racing. Helmut Marko?s Endorsements Helmut Marko isn?t particularly known to have any sponsorships or endorsements. Since he joined Red Bull, his only focus has been on the team and its functioning. How to contact Helmut Marko? The Red Bull Motorsport Advisor isn?t active on any social media platforms.  Net Worth $1.5 million  Date of Birth April 27, 1943  Place of Birth Graz, Austria  Marital Status Married  Children Sonja Grassberger, Ann Maria Marko  Nationality Austria  Team(s) Red Bull, AlphaTauri  Salary Unknown

Helmut Marko Archives

Helmut Marko Archives - EssentiallySports

<h2><b>Sergio Perez: 2024 Net Worth, Stats, Salary, Wife and More</b></h2>
<h2 class="jsx-cb26a7af5694ead9" style="text-align: center">Who is Sergio Perez?</h2>
Sergio Perez, also known as one of the best players in Formula 1, is a member of Red Bull Racing. At the age of 34, Perez has already left an undeniable mark in the racing realm owing to his successful performances with Sauber, McLaren, Force India, and Racing Point. Regarded affectionately as Checo Pérez, the F1 racer has brought much acclaim to his country, Mexico. Not only does Perez hold many impressive records owing to his talent at the race track but also stands tall as one of the highest-paid Formula 1 drivers. However, all of this did not come easy for the athlete.
<h2 style="text-align: center">Sergio Perez Early Life</h2>
The F1 driver was born in Guadalajara, the capital city of Jalisco in Mexico. Sergio Perez was born on 26 January 1990 to Antonio Pérez Garibay and Marilú Mendoza de Pérez. Checo Perez is the youngest in his family with an elder sister, Paola, and an older brother, Antonio. It seems like race car driving is in the Perez family blood as even Antonio Perez competed in the NASCAR Mexico series before retiring. While his educational qualifications are not much known, Perez has himself stated that if not a race car driver he would have been a lawyer.
<h2 style="text-align: center"><strong>Sergio Perez's Wife and Children</strong></h2>
A beyond-the-track look at the athlete's life indicates that a major reason behind his success comes from his supportive family. Sergio Perez had been in a long-term relationship with Carola Martinez from his homeland, Guadalajara, before tying the knot with her in 2018. The F1 driver proposed to his now-wife in 2017, however, that was not the only significant development in his personal life that year. Sergio Perez welcomed his first child, Sergio Jr, in December of 2017. Since then, Sergio Perez and Carola Martinez have had three more kids. Although the name of his youngest child is yet to be announced to the public, his kids are named Sergio Jr, Carlota, and Emilio<strong>.</strong>
<h2 class="jsx-cb26a7af5694ead9" style="text-align: center"><strong>Sergio Perez's Net Worth 2024</strong></h2>
The Mexican is reportedly worth $70 Million, and his annual salary in 2024 is believed to be $10 Million. As of 2024. Perez is among the highest-earning drivers on the grid, only behind Lewis Hamilton, Max Verstappen, and Fernando Alonso. Perez's salary under Red Bull is likely to be around $26 Million which includes $16 million-worth bonuses.
<h2 style="text-align: center"><b>Sergio Perez’s  Career Timeline</b></h2>
Before joining F1 in 2011, Sergio Perez was devoted to karting. In fact, he had been karting since 1996. he made his foray into racing thanks to  Mexican businessman Carlos Slim’s Escuderia Telmex who led him to the Skip Barber series in the USA. In 2007, during his time in Britain, Perez bagged the national championship at the junior level. Sergio Perez debuted in Formula One in 2011 with the Sauber team. The Mexican's signing was a result of <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/category/sauber/" target="_self" rel="noopener">Sauber</a> announcing a partnership with telecommunications company Telmex. Up until 2012, he was a member of the Ferrari Driver Academy.

He stayed with the Swiss outfit for two years and jumped ship to <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/category/f1/mclaren/" target="_self" rel="noopener">McLaren</a> in 2013, but suffered a very poor run that year.

<img id="img-tag-node--img-loader-0" class="jsx-3245111776" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2020-12-10T121951Z_2118410278_RC2CKK9GKDHM_RTRMADP_3_MOTOR-F1-ABUDHABI.jpg" />

A year later, he moved to Force India and stayed there until this season. He partnered Nico Hulkenberg for three years until the latter left for Renault. He then partnered Esteban Ocon for two years before Ocon was ousted in favor of Lance Stroll for 2019. Hardly 2 seasons later, it was Perez's turn to leave the team, but, only this time, the Mexican had an offer from one of the top-field teams, Red Bull.

Sergio Perez's stint at Red Bull has been an absolute delight to watch, arguably one of the best decisions of his career.
<h2 style="text-align: center"><b>Sergio Perez’s Contracts</b></h2>
Throughout his illustrious career, Sergio Perez's Red Bull contract seems to have taken the top spot in terms of the athlete's performance, achievement, and net worth. However, as 2024 rolls around, the contract's end is approaching closer. And while he has had some highs during his time with Red Bull, his lows were also unmissable. There are talks that the racer will sign a two-year extension with the team but for now nothing is certain.
<h2 style="text-align: center"><b>Sergio Perez’s Partnerships and Endorsements</b></h2>
A huge sum of Sergio Perez's million-dollar net worth comes from his partnerships and endorsements. Being arguably the most successful Mexican racer, Perez has bagged massive deals with brands from his home country. The F1 racer booked himself a $1.3 Million by becoming a Jalisco brand ambassador. Other brands that have found a spot on his suits are Telcel, Telmex, Xades, Tag Heuer, Kavak, Banorte and Unifin.
<h2 style="text-align: center">Sergio Perez's Investments</h2>
"Checo" Perez not only knows how to make money but also how to effectively grow it, as evidenced by his smart investment. Although Perez does not have a long list of investments, unlike his counterparts, he has made some great choices. The most notable investment by the F1 racer is in the E1 series. The world's first electric boat racing series garnered a lot of attention from athletes around the world, and Sergio Perez did not hold back and currently stands as the owner of Team Mexico.
<h2 class="jsx-cb26a7af5694ead9" style="text-align: center"><strong>Sergio Perez's major achievements and awards</strong></h2>
Sergio Perez scored a podium in just his second season in Formula One, in the second race of 2012. During his stint with the Woking-based outfit, he could only manage a position as high as fifth. When he moved to Force India, he scored five podiums for the Indian outfit.

His highest position in the Drivers' Championship was seventh in 2016 and 2017. In his partnership with Hulkenberg, the two managed to help the team finish fourth in the 2016 Championship. Perez and Ocon repeated the feat once again in 2017.

Perez out qualified and outpaced his younger teammate Stroll to finish 1oth in the Drivers' Standings, scoring a respectable 52 points in a car that wasn't very competitive.

[caption id="attachment_2663156" align="alignnone" width="457"]<img class="size-medium wp-image-2663156" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-21T130226Z_409878224_UP1EK2L108072_RTRMADP_3_MOTOR-F1-TESTING-457x315.jpg" alt="Sergio Perez" width="457" height="315" /> Formula One F1 - Pre-Season Testing - Bahrain International Circuit, Sakhir, Bahrain - February 21, 2024 Red Bull's Sergio Perez during the pre-season testing REUTERS/Hamad I Mohammed[/caption]

However, Perez faced a much stronger challenge from the Canadian in 2020. With the RP20 being strongly influenced by the 2019 championship-winning car, Racing Point zoomed ahead of the midfield with Perez and Stroll scoring points consistently.

The Mexican was forced to miss two races this season due to COVID-19 but bounced back with a stellar performance at the Spanish Grand Prix. Perez won his first race at the Sakhir Grand Prix.

On the first lap, Perez was hit by Leclerc and went from 2nd place to 18th and last. On lap 64, he took the lead and won the race ahead of Esteban Ocon and teammate Stroll. This was the first win for a Mexican driver since Pedro Rodriguez won the 1970 Belgian Grand Prix 50 years prior.

Perez finished fourth in the Drivers' Championship in the 2020 season, his best-ever seasonal finish in F1. Perez is also in an intense battle for P3 in the championship along with Valtteri Bottas and Lando Norris in 2021. However, the 'second driver curse' has often haunted Perez, resisting him from securing decent race finishes apart from the back-to-back strong points haul in France, Azerbaijan, and Monaco.

Perez scored his first Red Bull podium at Le Castellet followed by his first Red Bull win at Baku and an incredible comeback drive in Monaco. So far, Sergio Perez has <b>won 6 Grand Prix races and scored 35 podium finishes</b>, and is on track to break many more records.
<h2 class="jsx-cb26a7af5694ead9" style="text-align: center"><strong>Sergio Perez Charity and Foundation</strong></h2>
Back in 2012, Perez and his family founded the 'Checo Perez Foundation'. Coming from a humble background in Mexico, Sergio Perez seized the opportunity to help the needy back in his homeland as soon as he had the means. While earlier, it was mostly dedicated to providing basic support and shelter to children who had been abandoned, in recent years the foundation has done impressive work in the mental wellness realm.
<h2 style="text-align: center">Sergio Perez's Car Collection</h2>
When he is not busy breaking records on the track, Sergio Perez dedicates his time to amping up his already million-dollar car collection. His garage consists of a Bugatti Chiron, McLaren 720S, Mercedes Benz AMG, Porsche Panamera, and BMW X7. Perez has one of the most impressive car collection among the F1 drivers.

&nbsp;
<table style="width: 70.9158%;height: 312px">
<tbody>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Name</td>
<td style="height: 24px;width: 83.6661%">Sergio Michel Pérez Mendoza</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Born</td>
<td style="height: 24px;width: 83.6661%">26 January 1990</td>
</tr>
<tr style="height: 48px">
<td style="height: 48px;width: 14.882%">Place of Birth</td>
<td style="height: 48px;width: 83.6661%">Guadalajara, Jalisco, Mexico</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Nationality</td>
<td style="height: 24px;width: 83.6661%">Mexican</td>
</tr>
<tr style="height: 48px">
<td style="height: 48px;width: 14.882%">Education</td>
<td style="height: 48px;width: 83.6661%">Master's Graduate from the University of Wisconsin-La Crosse</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Parents</td>
<td style="height: 24px;width: 83.6661%">Antonio Pérez Garibay, Marilú Mendoza de Pérez</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Height</td>
<td style="height: 24px;width: 83.6661%">5 ft 8 in (1.73 m)</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Weight</td>
<td style="height: 24px;width: 83.6661%">63 kg</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Wife</td>
<td style="height: 24px;width: 83.6661%">Carola Martinez</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Kids</td>
<td style="height: 24px;width: 83.6661%">Sergio Jr, Carlota, and Emilio</td>
</tr>
<tr style="height: 24px">
<td style="height: 24px;width: 14.882%">Social Media</td>
<td style="height: 24px;width: 83.6661%"><a href="https://www.instagram.com/schecoperez" target="_blank" rel="noopener">Instagram</a>, <a href="https://www.facebook.com/sergioperezf1" target="_blank" rel="noopener">Facebook</a></td>
</tr>
</tbody>
</table>
&nbsp;

Sergio Perez

Find the latest information on F1 racer Sergio "Checo" Perez, his net worth in 2024, his achievements, investments, and more on EssentiallySports.

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