Mexican Formula 1 star Sergio Perez, one of the top drivers in the sport over the last five years, is expected to part with Oracle Red Bull Racing at the end of this season.

Veteran driver Sergio Perez is leaving Red Bull Racing after this season, ESPN reported Monday. Perez, 34, sits in eighth place in the Formula 1 drivers standings with one race remaining.

Sergio Perez knows the score and will come to his own conclusions about his Formula One future, Red Bull boss Christian Horner said after the Mexican fired another blank on Sunday with his time at the team seemingly close to an end.

According to ESPN, “Red Bull have decided to move on” after this Sunday’s 2024 Formula 1 season finale in Abu Dhabi. Perez failed to finish the Qatar Grand Prix on Sunday after he said his car lost forward drive as he attempted to accelerate for a green flag.

Sergio Checo Pérez's poor performance this year has had direct consequences for Red Bull in the Constructors' Championship

Veteran driver Sergio Perez is reportedly leaving Red Bull at the end of the Formula One season. ESPN is reporting multiple sources confirmed Red Bull decided to move on from Perez after Monday's Abu Dhabi Grand Prix. Perez, 34, sits in eighth place in the Formula One drivers standings with one race remaining.

Even in the throes of a miserable run of form to end what he has labeled a “terrible” Formula One season with Red Bull, Sergio Pérez’s outward confidence about his future has never been shaken. On Thursday,

Sergio Perez knows the score and will come to his own conclusions about his Formula One future, Red Bull boss Christian Horner said after the Mexican fired another blank on Sunday with his time at the team seemingly close to an end.