The news that Daniel Ricciardo was being replaced at Visa Cash App RB F1 Team by Liam Lawson was expected. Still, the announcement has not stopped rumors from flying around the Formula 1 paddock. The latest rumor held that Red Bull driver Sergio Pérez was set to announce his retirement at the Mexico City Grand Prix, his home race.

Red Bull Racing driver Sergio Perez admits he briefly considered leaving Formula 1 but insists that his retirement is still at least two years away. The 34-year-old Mexican racer's future has been the subject of speculation,

Now that Daniel Ricciardo's midseason firing from Red Bull's junior team has been made official and the buzz around Max Verstappen's community service penalty for cursing has died down, the eyes of the Formula 1 paddock are turning back to Sergio Perez's seat at Red Bull.

Rumours are rife that Red Bull plan to replace Perez before his contract expires. Read more at straitstimes.com.

Sergio Perez has apologised to fans on social media, following rumours of his Formula 1 retirement. Perez's form in 2024 has been dismal, having scored just 41 points from his last 12 outings and failing to beat team-mate Max Verstappen in any race that they have both finished.

Is Sergio Perez set to retire from Red Bull at the Mexican Grand Prix? Checo shared a clip from 'Wolf of Wall Street' in response.