Red Bull advisor Helmut Marko has issued a major update on Sergio Perez's future with the Milton Keynes-based outfit.
Perez's position alongside Max Verstappen has been called into question of late, following a poor 2024 season in which the Mexican could only finish eighth in the drivers' championship, despite his team-mate in the same car becoming world champion once again.
Perez has not achieved a podium finish since April at the Chinese Grand Prix, and finished the 2024 season on a run of just 12 points from the final nine events of the year.
Now, Red Bull advisor Marko has suggested that a solution will be announced this week, slamming rumours about the financial implications of sacking Perez.
"We will be announcing news in the next few days about what the driver pairing will look like next year," the Austrian said in his Speedweek column.
"There is a lot of speculation and transfer fees are being mentioned that are complete nonsense."