F1: Monaco winner Sergio Perez stays with the Red Bull until 2024

File photo: Formula One F1 - Monaco Grand Prix - Circuit de Monaco, Monte Carlo, Monaco - May 29, 2022 Red Bull's Sergio Perez celebrates with teammates after winning the race pool through REUTERS / Christian Bruner

File photo: Formula One F1 – Monaco Grand Prix – Circuit de Monaco, Monte Carlo, Monaco – May 29, 2022 Red Bull’s Sergio Perez celebrates with teammates after winning the race pool through REUTERS / Christian Bruner

London-Monaco Grand Prix winner Sergio Perez had more to celebrate on Tuesday when Red Bull announced the extension of his contract with Mexican Formula One world champion Max Verstappen until 2024.

Championship leader Verstappen’s contract runs until the end of 2028, after the Dutch driver signed a five-year extension in March.

Perez, 32, won on the streets of Monaco on Sunday, becoming the most successful Mexican Formula One driver of all time and his country’s first winner of the showcase race.

He took his first F1 pole position in Saudi Arabia in March and has finished four podiums in seven races so far this year.

“For us, it was a no-brainer to capture his speed, race craft and experience, and we are delighted that Checo will continue to run for the team until 2024,” team boss Christian Horner said in a statement.

Verstappen had already indicated on Sunday that the Mexican would get a new deal. “I think what you did today can help. Just a little bit,” he said after the race.

The win was the third of Perez’s F1 career and the second since joining the Red Bulls in the 2021 season, and Horner said the Mexican had done an “extraordinary job.”

“Over and over again he has proven himself to be not only a great team player but as his level of comfort has increased he has become a real force to be reckoned with at the sharp end of the grid,” said the British.

“This year he has taken one more step and the gap between world champion Max has closed significantly.”

Perez, third overall and 15 points behind Verstappen, came close to being fired by the Red Bull in 2020 before throwing him to the lifeline.

“It’s been an incredible week,” he said.

“I am very proud to be a member of this team and I feel completely at home here now. We are working very well together and my relationship with Max, on and off the track, is definitely helping us move forward. “

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