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Sergio Perez new wage revealed with Max Verstappen incomes 5 occasions greater than rival

Perez penned recent phrases final week, securing his place on the F1 grid for 2 extra years and a pay rise – although his wage remains to be dwarfed by that of his Crimson Bull team-mate Verstappen

Max Verstappen still vastly out-earns Sergio Perez, despite the Mexican's new Red Bull contract
Max Verstappen nonetheless vastly out-earns Sergio Perez, regardless of the Mexican’s new Crimson Bull contract

Sergio Perez ‘s wage remains to be dwarfed by that of Max Verstappen regardless of his new contract with Crimson Bull.

The Mexican was rewarded for his high quality kind up to now this season with a brand new deal, introduced final week after his Monaco Grand Prix victory. It means he’ll associate the defending world champion till a minimum of the top of the 2024 season and ends Pierre Gasly ‘s hopes of securing a second shot with the group.

Perez can be mentioned to have been given a pay rise to a wage extra befitting a driver who could also be concerned in a title battle this season. He’s solely 15 factors behind Verstappen, who leads the championship after seven races, with Charles Leclerc the opposite racer within the combine in the mean time.

Based on French sports activities enterprise outlet Sportune, the 32-year-old is now assured £6m per 12 months with one other potential £2.6m in bonuses. That may be a vital enhance on his earlier deal, which reportedly solely assured him £4.2m each season with an analogous bonus determine.

The report provides that he was capable of negotiate such a major rise due to the extent of sponsorship he brings into the group. The money Crimson Bull earns from Mexican sponsors due to Perez is believed to whole round £17m per 12 months. This pot additionally helped him to leverage a two-year deal, somewhat than the group’s most popular choice of 1 12 months with the potential for an extension.

Regardless of his pay rise, although, Perez remains to be a great distance down the record in terms of the best paid present F1 drivers on the grid. Eight others are forward of him, together with 4 from groups who aren’t thought of to be among the many frontrunners for titles.

Victory at Monaco catapulted Sergio Perez into the title race



Ferrari pair Leclerc and Carlos Sainz reportedly have full parity in terms of base wage, incomes £9.8m every per 12 months after the Spaniard’s latest extension. Daniel Ricciardo and Sebastian Vettel are subsequent on the record, taking dwelling £12.2m every yearly whereas Fernando Alonso prices Alpine £15m per season.

The opposite McLaren driver, Lando Norris, instructions £16m per season, along with his wage solely eclipsed by these of final season’s two title race protagonists. Verstappen’s mega-money new deal, which runs till 2028, supposedly sees him earn £32m per 12 months – across the similar as what Lewis Hamilton will get from Mercedes.

So regardless of his pay rise and elevated profession safety, Perez remains to be dwarfed by his team-mate by way of monetary compensation. Verstappen earns greater than 5 occasions what the Mexican does yearly by way of base wage, regardless of issues being tight within the championship between them.

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