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Helmut Marko admits Sergio Perez's exit cost Red Bull millions amid reports they took so long to sack him because of the money factor

Helmut Marko has suggested any talk of "transfer fees" involving Red Bull is "complete nonsense" as rumours swirled about the team's future.

Red Bull chief Helmut Marko jokes about wanting to sign Max Verstappen's child up just weeks after he announced his partner's pregnancy.

Red Bull advisor Helmut Marko has revealed that it cost several million to cancel the deal it had with Sergio Perez to drive for the team in the 2025 Formula 1 season. Perez will not be on the grid this season amid the news last month that Red Bull had elected to drop him and promoted Liam Lawson to partner with Max Verstappen.

Red Bull motorsport advisor Helmut Marko has set clear expectations for Liam Lawson as the Kiwi steps up to the senior team alongside reigning World Champion Max Verstappen for the 2025 F1 season.

Liam Lawson is expected to be within three tenths of a second of Max Verstappen in F1 2025, according to Helmut Marko. Lawson steps up to Red Bull Racing from Racing Bulls in F1 2025, having only competed in 11 races in Formula 1 over the course of the last two seasons.

Red Bull were uncharacteristically undeveloped last year, failing to introduce significant solutions to the RB20. Thanks to McLaren’s unforced errors and moments of brilliance from Verstappen, they managed to clinch the drivers’ crown.

Red Bull Racing is grappling with an enormous financial burden following the decision to part ways with Sergio Perez.