Cristian Horner has ‘invited’ Pérez to leave the team, while ESPN reports that the Mexican will be out of Red Bull after Abu Dhabi.

While Pérez signed a new contract with the team ahead of the Canadian Grand Prix, reporting indicates that the contract allows for Pérez to be moved into an ambassadorial role.

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’s time at Red Bull Racing appears to be over. 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.

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 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.

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.

The Mexican's underwhelming season continued in Qatar

Sergio Perez has one more chance. The post Red Bull Authorities Set Timeline for Their Diminishing Allegiance to Sergio Perez Amidst Soaring Exit Rumors appeared first on EssentiallySports.