Despite the above, he is still contracted to Red Bull for next season, although doubts over whether he will be there remain, with team boss Christian Horner recently admitting that difficult decisions may have to be made.
Now, a report from The Race has added to this speculation, with two big reveals made about what the future could hold for Perez.
Their report claims that despite having a contract for next season, Red Bull are indeed willing to drop him at the end of the campaign.
That would likely leave the Mexican without a seat for 2025, with the only remaining vacancy for next season currently at VCARB.
Interestingly, The Race also report that Red Bull see Perez retiring at the end of 2024 as a 'neater solution' as opposed to having to fire him early, with a potential ambassadorial role for the Mexican also touted.
In light of the above, GPFans contacted Red Bull for comment and clarity on these claims. The team explained that whilst there is plenty of speculation surrounding Perez currently, he remains their driver.