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Amidst Rumors of Salary Cut in Sergio Perez’s $10,000,000 Contract, Helmut Marko Reveals the Mexican Will Take Home Much More

Sabyasachi Biswas
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Amidst Rumors of Salary Cut in Sergio Perez’s $10,000,000 Contract, Helmut Marko Reveals the Mexican Will Take Home Much More

After Sergio Perez fell 125 points behind Max Verstappen, there were multiple reports that claimed that Red Bull would reduce the salary of the Mexican driver. There were rumors that a clause in Perez’s contract would allow the team to impose a salary cut on Perez. However, Helmut Marko, according to Motorsport Magazine revealed that Perez will earn more money instead.

The rumors began after the conclusion of the Belgian Grand Prix before the start of the summer break. Verstappen and Perez completed a 1-2 finish to wrap up a fine race weekend for Red Bull. However, after that race, the former Racing Point driver also ended up 125 points behind the Dutchman.

This was the starting point of a rumor that raised multiple eyebrows. In the end, Marko clarified that the would not deduct Perez’s salary as there were no such clauses in the contract. Now, he shares another interesting update.

Marko revealed an interesting Red Bull bonus for Sergio Perez

Marko, Red Bull’s chief advisor has recently opened up on Perez’s salary cut rumors. He not only snubbed the rumors again but also revealed that there are bonuses waiting for the 33-year-old.

Talking about this, he said, “No, that’s nonsense, [the pay cut rumors]. We have contracts, and we can’t cut the salary. On the other hand, there are considerable bonuses to be had. They get a bonus if they finish in places one, two, or three (in the championship, ed.), and the bonuses per point are also high.”

Interestingly, regardless of the huge point difference despite having the same Red Bull car underneath him, Perez is not seeing any looming threat of his departure from Red Bull next year.

Perez’s sudden slump at Red Bull and chaos followed

Sergio Perez started the 2023 F1 season on a high. For the first four races, he was at par with Verstappen, winning two races. Perez was closer than ever to challenging Verstappen for the world title. But things changed drastically after the Miami Grand Prix.

Following the Miami GP, the Mexican driver fell off massively. Back-to-back mistakes in qualifying sent him away from the podium places and he missed out on Q3 in five consecutive occasions.

Despite everything, Christian Horner fully supported him and even confirmed that Perez will be spearheading the Red Bull attack with Max Verstappen in 2024. However, Horner also hinted that there could be some interesting considerations for the 2025 F1 season as multiple drivers are showing interest in racing for them.

Post Edited By:Somin Bhattacharjee

About the author

Sabyasachi Biswas

Sabyasachi Biswas

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Sabyasachi Biswas is an F1 journalist at The SportsRush. With over one and a half decades of love for the sport and five years of experience in the field, he dreams to be a regular at the paddock when the lights go out. A Red Bull fan and F1 fan in general over the years, he enjoyed watching Felipe Massa, Sebastian Vettel, and Max Verstappen dominate the track. Apart from F1, he's also a big-time Madridista and Federer fanatic. He was a sub-junior level footballer, won inter-district quizzes and debate competitions back in school. A travel freak throughout, he tries different cuisines and learns new cultures whenever he's away from the keyboard.

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