Red Bull Racing and Sergio Perez have reached an agreement to part ways effective immediately, ending their four-year partnership.

Formula 1 driver Sergio Pérez is officially leaving Red Bull Racing after four years, with the Mexican driver announcing jointly with the team on Wednesday that they’ve reached an agreement to part ways before his contract ends.

Red Bull Racing has found a new teammate for Max Verstappen. The team announced Wednesday that Sergio Perez would not be back in 2025. The announcement isn’t much of a surprise; reports had emerged at the conclusion of the 2024 season that Perez’s future with the team was in doubt.