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Red Bull Reportedly Is Ready to Splash $20 Million to Acquire Franco Colapinto’s Services

Somin Bhattacharjee
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FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MEXICO 2024 ,in the picture Franco Colapinto ARG , Williams Racing

Sergio Perez has had plenty of time to get out of his slump and improve his results. He even had the backing of the Red Bull bosses who offered him a contract extension midway into the season. However, the Mexican driver has not repaid the faith shown in him, and Red Bull are now contemplating a future without Perez.

Recent reports also suggest that they have a replacement in mind—and no, it’s not Liam Lawson. Lawson was long tipped to be Perez’s Red Bull successor, but LatinUS claimed that Franco Colapinto is the new favorite.

The Argentine rookie, who made his F1 debut two months ago by replacing an underperforming Logan Sargeant, has caught the attention of the F1 community with his impressive driving skills. In five races, he has already scored four points.

While it may not seem like a lot on paper, the fact that he’s been racing for Williams—a backmarker team—makes his achievement all the more impressive. Helmut Marko, Red Bull’s chief advisor, also took notice of this, and the Milton Keynes-based outfit have reportedly agreed to pay as much as $20 million to have Colapinto in 2025.

“I understand that the idea is to go for everything. He will just go next to Max,” Dutch journalist Jack Plooij revealed. According to the source, Red Bull could make Colapinto’s appointment official after the 2024 Sao Paolo GP, which takes place this weekend.

Colapinto has an F1 seat after all?

After his 12th place finish in Mexico City, Colapinto revealed that he did not have a contract with Williams, or any other team for 2025. He insisted that he would be racing elsewhere and not in F1.

But if the Red Bull bosses decide to rope the talented 21-year-old in, his fortunes would change completely. Just a few months ago, he was an F2 driver who was effectively out of reach to win the Championship. Now, he is being lined up to replace Perez and partner up with Max Verstappen, one of the best drivers in the world.

Perez, on the other hand, remained confident that he would retain his seat for 2025. He started the Mexico City GP from P18 and made up just one place—still last among the runners.

Yet, his confidence remained undeterred. Maybe Perez knows something the F1 community doesn’t, but based on his recent results, the 34-year-old’s Red Bull days surely look numbered.

Post Edited By:Vidit Dhawan

About the author

Somin Bhattacharjee

Somin Bhattacharjee

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Formula 1 Editor Somin Bhattacharjee fell for the sport as well as Fernando Alonso on the same day — during the Spaniard’s thrilling victory at the German GP in 2010. Over the years, the passion magnified manyfold, and metamorphosed into a writing career in 2021. Though holding a bachelor's degree in marketing, Somin discovered his true calling in writing. He has penned over 2,700 articles for TheSportsRush, presenting a diverse range — news reports, opinions, and exclusives. A true Tiffosi, Somin never gives up on a chance to defend the Ferrari boys as a fan. As a sports writer though, he remains objective to the core and relishes opportunities to follow and engage in dissecting the action during races. That’s where the real thrill lies for him. Beyond the racetrack, Somin plays different sports including soccer. He enjoys exploring other sporting events and proudly supports Spanish soccer club Real Madrid.

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