Sergio Perez: 2024 Net Worth, Stats, Salary, Wife and More

Who is Sergio Perez?

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.

Sergio Perez Early Life

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.

Sergio Perez's Wife and Children

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.

Sergio Perez's Net Worth 2024

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.

Sergio Perez’s  Career Timeline

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 Sauber 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 McLaren in 2013, but suffered a very poor run that year.

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.

Sergio Perez’s Contracts

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.

Sergio Perez’s Partnerships and Endorsements

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.

Sergio Perez's Investments

"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.

Sergio Perez's major achievements and awards

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.

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 won 6 Grand Prix races and scored 35 podium finishes, and is on track to break many more records.

Sergio Perez Charity and Foundation

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.

Sergio Perez's Car Collection

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.