• Loading stock data...
Friday, April 18, 2025

Red Bull Faces Driver, Financial Questions After Pérez’s Exit

Sergio Pérez is trailing Max Verstappen by 227 points in the championship, the widest gap between a drivers’ champion and his teammate since the new scoring system was implemented.

Jay Janner-Imagn Images

Max Verstappen walked out of Qatar with his ninth win of the season, a week after he clinched the Formula One drivers’ championship. But even with the win, Red Bull left the Lusail International Circuit officially out of the running for the constructors’ championship with one race left.

Sergio Pérez, Red Bull’s second driver, did not finish and failed to score any points for the sixth time this season. The gap between Pérez and Verstappen is 227 points, the largest between a champion and his teammate since the new points system was adopted in 2010. 

A day after the race, the team decided to remove Pérez from the grid, according to ESPN.

The 34-year-old Mexican driver, who has earned $96.6 million in 14 years in F1, according to Spotrac, signed a contract extension with the team earlier this year that locked him in until 2026. This reportedly means Red Bull cannot remove him from the team immediately, and he may need to fulfill another role on the team—like as an ambassador—unless he chooses to end the relationship with the team himself and potentially drive elsewhere.

Liam Lawson, the driver for Red Bull’s sister team, RB, is reportedly a lead candidate to replace Pérez. Williams driver Franco Colapinto is also in the mix.

Performance Cost

Pérez’s poor performance has essentially cost Red Bull tens of millions of dollars. The prize money each team receives depends on where they finish in the standings, and while that number is not disclosed, Sky Sports reported the purse is 50% of F1’s commercial-rights revenue for the season.

Teams’ prizes range from 6% to 14%, depending on final results, meaning last year’s pot was $1.6 billion—though there is some given away toward other bonuses. Red Bull, the 2023 constructors’ champion, received an estimated $140 million, while each place below received about $9 million less than the team above it. 

McLaren heads to the final race in Abu Dhabi with a 21-point advantage over Ferrari in the constructors’ championship. Red Bull trails the Scuderia by 38 points, meaning there are only a few scenarios where the team can finish in second in the championship—which all involve one of their drivers winning the race and neither of the Ferrari drivers finishing sixth or better.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

F1’s New Landscape: Parity Near Top, Hamilton’s 10th-Place Debut

The Australian Grand Prix kicked off the new season in Melbourne on Sunday.

With F1 Media Deal Up Soon, Cadillac Open to American Driver

IndyCar driver Colton Herta has been linked to Cadillac.

F1 Still in Talks with ESPN on U.S. Media Deal, CEO Says

ESPN has held F1’s U.S. rights since 2018.

Featured Today

Masters

Why The Masters Quietly Cracked Down on Ticket Resellers

Insiders expect big changes are coming to ticketing at Augusta National.
exclusive
April 16, 2025

Inside Nico Iamaleava’s Ugly Breakup With Tennessee

Iamaleava’s representatives claim to FOS he didn’t push for more NIL money.
Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
April 13, 2025

‘Has to Change’: The WNBA’s International Player Problem

As more global stars arrive, the “prioritization” rule is causing tension.
Yamine Lamal Barcelona
April 12, 2025

Lamine Yamal: The Pressure and Price of Barcelona’s Young Prodigy

Lamine Yamal is a teenage superstar. Can Barcelona afford him?

High-Priced Suns Have a Frustrated Owner, Few Good Options

Phoenix missed the playoffs with an NBA-high $210 million payroll.
April 16, 2025

Leafs vs. Senators: Old Guard Meets New Money in Battle of Ontario

The Maple Leafs-Senators clash has many David-and-Goliath themes.
Monte McNair
April 17, 2025

Flailing Kings Fire GM After Losing Play-In

Monte McNair helped the team end a 16-year playoff drought. 
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
Apr 9, 2025; Phoenix, Arizona, USA; Phoenix Suns guard Bradley Beal (3) dribbles the ball against the Oklahoma City Thunder during the first half at Footprint Center.
April 10, 2025

Suns Will Miss the Playoffs Despite Having NBA’s Highest Payroll

The team’s luxury tax bill exceeds other teams’ full salaries.
April 9, 2025

Man City Blinks: Fan Pressure Halts Ticket Increases in Rare Move

The powerful club will not raise ticket prices next season.
Bueckers
exclusive
April 8, 2025

Wings’ Grip on Drafting Paige Bueckers Remains Strong a Week Out 

Team executives decried a “false narrative” around the franchise.
Apr 6, 2025; Denver, Colorado, USA; Denver Nuggets head coach Michael Malone during the second quarter against the Indiana Pacers at Ball Arena.
April 8, 2025

Nuggets Fire Head Coach in Stunner Right Before Playoffs

Malone was with the Nuggets when they won the NBA title in 2023.