Sergio Pérez Net Worth 2026: Red Bull Millions and a Cadillac Comeback

Sergio Pérez’s net worth is about $50 million, according to a widely reported estimate published by PlanetF1 in August 2026. Some outlets go higher: a LoveMoney ranking in September 2026 put him at up to $75 million. No major rich list such as Forbes or Bloomberg tracks his personal fortune.

Sergio Pérez: quick facts

Net worth

$50 Million

Salary / earnings

$5 Million per year

Source of wealth

F1 salaries, sponsorships

Profession

Formula 1 driver (Cadillac)

Nationality

Mexican

Place of birth

Guadalajara, Jalisco, Mexico

Date of birth

January 26, 1990 (age 36)

Most of that money was earned in four seasons at Red Bull Racing (2021–2024), when he was Max Verstappen‘s teammate and one of the ten best-paid drivers in Formula 1. Forbes estimated his earnings at $26 million in 2023, the year he finished second in the world championship.

After a year away from racing, “Checo” returned in 2026 with the brand-new Cadillac team. His pay there is reported to be far below his Red Bull peak, but his huge Mexican fan base and long ties to Carlos Slim’s América Móvil still make him one of the most commercially valuable drivers on the grid.

Sergio Pérez at a glance

• Net worth: about $50 million (widely reported estimate, PlanetF1, August 2026)
• Born: January 26, 1990, in Guadalajara, Jalisco, Mexico
• Profession: Formula 1 driver (Cadillac, car No. 11)
• F1 teams: Sauber, McLaren, Force India/Racing Point, Red Bull Racing, Cadillac
• Career record: 6 Grand Prix wins, 39 podiums, 3 pole positions
• Best season: runner-up in the 2023 world championship
• Biggest payday: about $26 million in 2023 (Forbes)
• Key sponsors: Telcel, Claro and Infinitum (América Móvil), Kit Kat
• Spouse: Carola Martínez (married 2018); four children

His net worth by year is charted at the end of this article.

Where Sergio Pérez’s money comes from

Source	Details	Estimate
Red Bull salary and bonuses	Four seasons, two constructors’ titles, five wins	Roughly $10–12 million base a year, plus bonuses
Earlier F1 contracts	Sauber, McLaren, Force India and Racing Point (2011–2020)	Not disclosed; well below his Red Bull pay
Cadillac contract	New team from 2026, reportedly multi-year	Reported at $5 million to about $10 million a year
Red Bull exit deal	Contract ended two years early in late 2024	“Several millions” (not disclosed)
Sponsors and endorsements	Telcel, Claro, Kit Kat and other Mexican and global brands	Not disclosed; a major income stream
Merchandise	Reported share of official merchandise sales	Not disclosed

Sergio Pérez’s salary and earnings by year

F1 teams do not publish driver contracts. The figures below are the most widely cited estimates. Forbes’ figures include salary and on-track bonuses but not sponsorship income.

Season	Team	Estimated pay	Source
2022	Red Bull Racing	About $10 million base salary	RacingNews365 (reported)
2023	Red Bull Racing	About $26 million total	Forbes
2024	Red Bull Racing	About $19.5 million (about $12 million salary plus bonuses)	Forbes
2025	None (sabbatical)	Red Bull settlement; amount not disclosed	Helmut Marko interview
2026	Cadillac	$5 million to about $10 million base (reports differ)	PlanetF1, RacingNews365, Record

The biggest jumps in his fortune came in two steps:

• 2021: moving from Racing Point to Red Bull, a top team that pays big win and podium bonuses.
• 2022–2023: his best seasons, with four wins, a pole and second place in the 2023 championship.

Early life

Sergio Michel Pérez Mendoza was born on January 26, 1990, in Guadalajara, Mexico. His father, Antonio Pérez Garibay, was a former racing driver who later became a politician. His older brother, Antonio, also raced and competed in the NASCAR Mexico Series.

He started karting at age six and became Mexico’s youngest junior karting champion in 1998. In the early 2000s he was picked up by Escudería Telmex, the motorsport program backed by Carlos Slim’s telecoms empire. That backing has followed him through his whole career.

At 14 he moved abroad to race in the United States and Germany. In 2007, aged 17, he settled in Oxford, England, and won the British Formula 3 National Class with 14 wins. He has said that if racing had not worked out, he would have liked to be a lawyer.

Junior career and the road to F1

Pérez moved up to the GP2 Asia Series in 2008–09, where he won two races with Campos. After a learning year in the main GP2 Series in 2009, he returned with the Addax team in 2010 and won five races, finishing runner-up to Pastor Maldonado.

He joined the Ferrari Driver Academy in 2010. Later that year Sauber signed him for 2011, with Telmex arriving as a team sponsor. The Mexican backing helped open the door, but his GP2 results showed he had the speed.

Sauber and McLaren (2011–2013)

Pérez made his F1 debut at the 2011 Australian Grand Prix. He finished 16th in the standings in his rookie year, after a heavy crash in Monaco forced him to miss races.

His breakthrough came in 2012. He took three podiums for Sauber, in Malaysia, Canada and Italy, and nearly won in Malaysia. Those drives earned him a seat at McLaren for 2013, replacing Lewis Hamilton, who had left for Mercedes.

The McLaren move was a big step up in pay and profile, but the 2013 car was poor. He finished 11th with no podiums, and McLaren dropped him after one season.

Force India and Racing Point (2014–2020)

Pérez rebuilt his career at Force India, a small team that relied on his sponsors. He became known for strong tyre management and for getting the most out of a midfield car. He scored podiums in Bahrain (2014), Russia (2015), Monaco and Baku (2016) and Baku again (2018).

In 2018 Force India went into administration. Pérez was one of the creditors who pushed for the process, which helped save the team and its jobs. A group led by Lawrence Stroll bought it, renamed it Racing Point and later brought in his son, Lance Stroll, as Pérez’s teammate.

His best year with the team came in 2020. At the Sakhir Grand Prix he fell to last after a first-lap crash, then fought back to take his first F1 win. He was the first Mexican to win a Grand Prix since Pedro Rodríguez in 1970. Despite that, the team let him go to make room for Sebastian Vettel.

Red Bull Racing (2021–2024)

Days after his Sakhir win, Red Bull hired Pérez to partner Verstappen for 2021, replacing Alex Albon. This was the move that made his fortune. He won in Baku in his first season and played a key role in Verstappen’s first title.

In 2022 he won in Monaco and Singapore, took his first pole in Saudi Arabia and finished third in the championship. In May 2022 Red Bull extended his contract to the end of 2024.

The 2023 season was his best. He won in Saudi Arabia and Azerbaijan, becoming the only driver to win in Baku twice, and finished runner-up to Verstappen. Forbes estimated he earned about $26 million that year, fourth among all drivers.

His form dropped sharply in 2024. Red Bull had extended his deal to the end of 2026 in June 2024, but he finished only eighth with no wins. In December 2024 the two sides agreed to end the contract early. Red Bull adviser Helmut Marko later admitted that the exit cost the team “several millions,” without giving a figure.

Sabbatical and the Cadillac comeback (2025–present)

Pérez sat out the 2025 season. In August 2025, Cadillac announced him and Valtteri Bottas as its first two drivers. He has called the project his “final big project” in the sport.

Reports on his pay differ. In August 2025, PlanetF1 and the Mexican paper Record said his base salary was close to $10 million, plus bonuses and a share of merchandise sales. A leak reported by RacingNews365 in February 2026 put it at about €8 million. PlanetF1’s August 2026 net worth ranking described his deal as “relatively modest” at about $5 million. He is reported to be signed until at least the end of 2027.

On track, the debut season has been hard. Cadillac has scored no points so far in 2026. Pérez’s best results have been 14th place in Barcelona, Silverstone and Baku. He finished 16th at his home race in Mexico City on November 1, the day Mercedes’ Kimi Antonelli clinched the world title.

Sponsors and business ventures

Pérez is one of the most marketable drivers in F1 because of Mexico’s size and passion for the sport. PlanetF1 reported in 2025 that he generated 60% or more of Red Bull’s online merchandise sales, a figure the team never confirmed.

• América Móvil: Carlos Slim’s telecoms group has backed him since his karting days. In January 2026 its brands Telcel, Infinitum and Claro joined Cadillac as team partners, a deal the company tied directly to Pérez.
• Personal sponsors: PlanetF1 lists Telcel, Kit Kat, Nestlé, Claro and Mercado Libre among his backers.
• Team Checo (E1): he owns a team in the E1 electric powerboat series, which raced in the 2024 championship.

His sponsors’ loyalty was often cited as one reason Red Bull kept him, and one reason Cadillac, an American team, wanted him for its first season.

Real estate

Pérez lives in Monaco, like many F1 drivers, according to his father in a July 2025 interview. He also keeps a family home in his native Guadalajara. Prices below are reported figures.

Property	Year	Reported price
Monaco residence	Not disclosed	Not disclosed
Family home, Guadalajara, Mexico	Not disclosed	Not disclosed
Condo at St. Regis Residences, Brickell, Miami	2025 (under contract)	Not disclosed; similar units listed at about $9.6 million

The Miami unit is a four-bedroom condo of just over 4,400 square feet with a large terrace. The tower is due to be finished in 2027.

Personal life

Pérez married Carola Martínez in 2018. They have four children, two sons and two daughters. He is a practising Catholic and a keen football fan.

His father, Antonio Pérez Garibay, is a former congressman and has long been a visible figure around his son’s career. His sister, Paola, runs his charity foundation.

Philanthropy

In November 2012 Pérez launched the Checo Pérez Foundation (Fundación Checo Pérez). It supports orphaned children and children with cancer in Mexico. His sister Paola is its president.

Off the track, he received the FIA Action of the Year award in 2024.

How Sergio Pérez compares

Driver	Estimated net worth	Main source
Max Verstappen	About $345 million (€310 million)	Red Bull salary and bonuses
Carlos Sainz	About $50 million (reported)	Salaries at Ferrari, McLaren, Williams
Sergio Pérez	About $50 million (reported)	Red Bull salary, sponsors
Lance Stroll	About $50 million, own wealth (reported)	F1 salaries; father owns Aston Martin team
Valtteri Bottas	About $40 million (reported)	Mercedes salary, 2017–2021

Verstappen’s figure is from the Quote 500 list (October 27, 2026). The others are widely reported estimates from PlanetF1 (August 2026). Pérez sits mid-table among active drivers, far behind Verstappen and Fernando Alonso. See our full list of the richest F1 drivers and more athlete net worths.

Frequently asked questions

What is Sergio Pérez’s net worth?

About $50 million, according to a widely reported estimate from PlanetF1 in August 2026. Some outlets put it as high as $75 million.

How much does Sergio Pérez earn at Cadillac?

Reports differ. His 2026 base salary has been put at anywhere from about $5 million to $10 million, plus bonuses. Cadillac has not disclosed it.

How much did Sergio Pérez earn at Red Bull?

Forbes estimated he earned about $26 million in 2023 and about $19.5 million in 2024, including bonuses. His base salary was reported at $10–12 million a year.

How many races has Sergio Pérez won?

Six. He won the 2020 Sakhir Grand Prix with Racing Point, and five races with Red Bull: Azerbaijan in 2021 and 2023, Monaco and Singapore in 2022, and Saudi Arabia in 2023.

Why did Sergio Pérez leave Red Bull?

After a poor 2024 season, Pérez and Red Bull agreed in December 2024 to end his contract two years early. Red Bull admitted the exit cost it “several millions.”

Who is Sergio Pérez’s wife?

He married Carola Martínez in 2018. The couple have four children.

Sources: PlanetF1 (August 2025, August 2026), LoveMoney via Yahoo Finance (September 2026), Forbes (F1 highest-paid drivers, 2023 and 2024 seasons), RacingNews365, Record, Motorsport Week, Cadillac F1 Team, RaceFans, Grande Prêmio, Quote 500, Wikipedia. All net worth and earnings figures are estimates.