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Helmut Marko admits Sergio Perez's exit cost Red Bull millions amid reports they took so long to sack him because of the money factor

Sergio Perez can continue his racing career outside of Formula 1, with a move to IndyCar the "obvious" move to make.

Red Bull advisor Helmut Marko has revealed that it cost several million to cancel the deal it had with Sergio Perez to drive for the team in the 2025 Formula 1 season. Perez will not be on the grid this season amid the news last month that Red Bull had elected to drop him and promoted Liam Lawson to partner with Max Verstappen.

Recently axed Formula 1 star Sergio Perez has been tipped for a return to the pinnacle of motorsport after being dropped by Red Bull. The Mexican racer had been Max Verstappen's team-mate since 2021 after he left Racing Point to join Christian Horner's outfit.