Force India signed Pérez for the 2014 season with a €15 million contract. He remained with Force India when the team went into administration in 2018 and reformed as the Racing Point team 2019. In 2019, Racing Point signed a three-year extension with Pérez. In September 2020, Racing Point announced that Pérez would be leaving the team at the end of the season as Sebastian Vettel, a four-time F1 world champion, had been signed to replace him. Subsequently, Pérez signed with Red Bull Racing for the 2021 season, replacing Alex Albon. Pérez then won the 2021 Azerbaijan Grand Prix with the team and secured the second Formula 1 Grand Prix win of his career.