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Red Bull to part ways with major Perez sponsor

Oct.28 One reason to keep Sergio Perez on board at Red Bull has just slipped away. Although the struggling Mexican's billionaire backer Carlos Slim publicly supported Perez at the weekend, it now emerges that the biggest Slim-affiliated sponsor – Telmex – will no longer be on the Red Bull car in 2025. Just days ago, Red Bull announced the 'expansion' of its partnership with American telcom giant AT+T – a direct competitor of Telmex's, particularly in Mexico. Slim admits Red Bull's Telmex deal could be axed. 'We are in talks with the team,' he said. 'We are still talking to them, but the intention will always be to continue to support Checo. We will continue to support...
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