Sergio Perez

F1 Rumor: For Red Bull, Perez vs Colapinto is a $50M Conundrum

If Oracle Red Bull Racing decides to axe Mexican Sergio Perez and sign Argentinean Franco Colapinto for 2025 instead, it will cost them a rumored $50 million.

–by Mark Cipolloni–

If rumors are to be believed, Sergio Perez brings as much as $30 million to the Red Bull F1 team in the way of sponsorship.

If they axe Perez, it would be safe to say the sponsorship will be lost.

Red Bull are reportedly prepared to make a huge offer to sign rookie sensation Franco Colapinto.

Franco Colapinto (ARG) Williams Racing. Formula 1 World Championship, Rd 17, Azerbaijan Grand Prix, Saturday 14th September 2024. Baku City Circuit, Azerbaijan.
Franco Colapinto (ARG) Williams Racing.
Formula 1 World Championship, Rd 17, Azerbaijan Grand Prix, Saturday 14th September 2024. Baku City Circuit, Azerbaijan.

According to Sky Italia and other rumors, the Milton Keynes-based outfit have made an offer to sign Colapinto – the young Argentine who has greatly impressed since coming in for Logan Sargeant ahead of the Italian Grand Prix.

Now, those rumors have been added to by Dutch broadcaster Jack Plooij. Speaking on Ziggo Sport’s Race Cafe program, Plooij revealed that Red Bull were ready to pay mega money to get their man, with Helmut Marko apparently growing tired of the Perez saga.

“I’m going to tell you that Williams’ coffers are going to be filled up considerably soon,” Plooij said.

“Helmut Marko is going to throw money in there, Colapinto. I heard that last night Marko was completely fed up,” the Dutchman added regarding the Perez situation.

Plooij continued: “He has an appointment this morning and he told Vowles: ‘I’ll throw twenty million dollars in, I want him now. Done.’ A buyout.”

The offer, according to Plooij, is not being made for Colapinto to go and drive at VCARB, either, with the 63-year-old concluding: “I understand that he is just going to throw him in at the deep end, he will simply sit next to Max.”

If the above numbers are accurate, it will cost Red Bull $50 million ($30M + $20M) to have Colapinto drive alongside Max Verstappen in 2025.

The risk of taking Colapinto

Since Colapinto is still a rookie, it could cost Red Bull a lot of money in the way of crash damage – just ask the Williams Team after the  São Paulo GP. That could be offset by the Argentina sponsor money Colapinto would bring to the team.

A Benefit to keeping Perez – at least through midseason of 2025.

It is clear that the Red Bull team is purposely losing the 2024 Constructor’s Championship and will not lose money thanks to the sponsorship money that Perez brings in.

Last year, Red Bull received $140 million for winning the Constructor’s title.  3rd place, Ferrari received $122 million – a difference of $18 million. If Perez is bringing in $30 million, that more than covers the $18 million loss in prize money.

Why would they do that, you ask?

Because it also means that Red Bull will get more wind tunnel and CFD testing next year – as a result of dropping down the order, and because development of the difficult 2026 cars will begin next year, the more hours the team has for development throughout 2025, the better – hence why I said keep Perez through mid-season of 2025.

By doing this, Red Bull would stay down the Constructor’s Championship order since he is so slow, and would then get more development hours for all of 2025 (Note: Development hours are readjusted at the mid-point and the end of each season)

Coming out of the box with a fast 2026 car is critical.

One of the reasons why McLaren is doing so well this year, and has brought upgrade after upgrade, is because they finished 4th in 2023 and have far more hours for development than Red Bull.

New sliding scale on aerodynamic testing in F1

Teams’ previous season’s championship position Percentage of current aero testing allowed for 2021 Percentage of current aero testing allowed for 2022-25
1 90% 70%
2 92.5% 75%
3 95% 80%
4 97.5% 85%
5 100% 90%
6 102.5% 95%
7 105% 100%
8 107.5% 105%
9 110% 110%
10+ or new team 112.5% 115%

 

2024 Formula 1 wind tunnel hours (ATR Period is 6 Months)

Team Wind tunnel hours Number of wind tunnel runs per ATR Period Number of CFD items per ATR Period
Red Bull 840 224 1400
Mercedes 900 240 1500
Ferrari 960 256 1600
McLaren 1020 272 1700
Aston Martin 1080 288 1800
Alpine 1140 304 1900
Williams 1200 320 2000
Visa Cash App RB 1260 336 2100
Stake F1 1320 352 2200
Haas 1380 368 2300