After months of speculation and a lot of back and forth, Sergio Perez’s Red Bull exit was finally confirmed on Wednesday. The Mexican is yet to announce his future plans. Red Bull (and presumably other teams) may have lost their faith in Perez, who finished eighth in the 2024 championship standings. However, his sponsors haven’t.
Carlos Slim Domit, the son of billionaire Carlos Slim — one of Perez’s biggest financiers — penned an emotional note for the Guadalajara-born after the news came out.
Slim Domit, the heir apparent to his father’s $100 billion fortune, thanked Red Bull and Max Verstappen for “4 historic seasons” and Perez “for all the special moments of his incredible career“.
Domit added, “You will always be a special reference as a driver, person, and friend… and as always, we are ready for whatever comes next“.
The post reaffirmed his and his father’s faith in Perez, who struggled right through 2024. His driving style just could just not sync with the RB20’s handling.
Gracias @redbullracing @Max33Verstappen por estas 4 temporadas históricas y especialmente a ti @SChecoPerez por llevarnos a tant@s contigo en todos los momentos especiales de tu increíble trayectoria. Siempre vas a ser un referente especial como piloto, persona y amigo… y como… https://t.co/wKUTmZnfdI
— Carlos Slim Domit (@Carlos_Slim_D) December 18, 2024
However, Perez did have some amazing moments with Red Bull since joining in 2021. He achieved 29 podium finishes and five victories, playing a crucial role in helping the Milton Keynes-based team secure the Constructors’ title in 2022 and 2023.
But finishing seven places below Verstappen in the 2024 standings, which contributed to Red Bull losing the Constructors’ title, prompted the team to cut ties.
Cadillac Racing could consider signing Perez
Cadillac Racing, set to join the grid in 2026, will be in need of two drivers. Given that most current teams are unlikely to make significant changes to their driver line-ups between 2025 and 2026, Perez could become a strong candidate due to his extensive experience.
Cadillac F1: Everything you need to know about the new 11th team:
— Cadillac F1, backed by General Motors, will join the Formula 1 grid in 2026 as the 11th team under new regulations.
— Initially developed as Andretti Global, the entry evolved into a collaboration with General… pic.twitter.com/yHjJ4bmm4R
— This is Formula 1 (@ThisIsFormu1a1) November 27, 2024
The new team would be looking for sponsors too. If billionaire investors like Carlos Slim are willing to back Perez, a seat with Cadillac could become a reality.
