Sergio Pérez's Red Bull future looks increasingly in doubt beyond the end of this season after team principal Christian Horner said the driver is "old enough and wise enough to know what the situation is.

While Pérez signed a new contract with the team ahead of the Canadian Grand Prix, reporting indicates that the contract allows for Pérez to be moved into an ambassadorial role.

The 34-year-old sits in eighth place in the F1 drivers' standings with one race remaining. Read more at straitstimes.com.