Keeping up with car development key to new Red Bull F1 deal

Perez finished second in the 2023 championship on just under half the number of points of team-mate Max Verstappen, who took an unprecedented 19 race wins as Red Bull enjoyed total dominance with its RB19.

Following a bright start in which he won two races and ran Verstappen close in the standings, the wheels fell off Perez’s championship challenge by June and his persistent struggles caused increased speculation over his future with the team,…