A whopping €20m price set for F1 rookie as Red Bull search Sergio Perez’s replacement: Reports

A whopping €20m price set for F1 rookie as Red Bull search Sergio Perez’s replacement: Reports

Sergio Perez of Mexico and Red Bull Racing walks in pitlane- Source: Getty

As per reports, Williams F1 has demanded a whopping €20m to release Franco Colapinto and join Red Bull as a potential Sergio Perez replacement. The Mexican driver has been under fire from Red Bull despite signing a new contract with them ahead of the Monaco GP that would see him race for the Milton-Keynes outfit until the end of 2026.

The 34-year-old has largely struggled to improve his performances in the 2024 season as he languishes 252 points behind his teammate Max Verstappen in the driver's standings. Red Bull has been looking for alternatives for the six-time race-winner with Liam Lawson and Franco Colapinto emerging as potential replacements.

Given his eye-catching performances in the first five races, Red Bull has showcased growing interest in the Williams junior driver to give him a drive in the 2025 season in either RB or the senior team.

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