While the city has gained notoriety for hosting one of the most glamorous and lucrative Grand Prix events on the Formula 1 calendar, it is also emerging as a residential haven for some of the sport’s biggest names.
With palm-lined boulevards, luxury skyscrapers, and the promise of year-round sunshine, Miami has proven to be much more than just a race destination—it’s becoming a home base.
Sergio Perez: Shifting Gears Off the Track
Sergio “Checo” Perez may be in the midst of an uncertain future in Formula 1 after parting ways with Red Bull Racing at the end of 2024, but his personal life appears to be on a winning trajectory.
The 35-year-old Mexican driver has reportedly acquired a multimillion-dollar residence in Miami’s upscale Brickell neighborhood, anchoring his post-racing life in style.
Perez purchased a sprawling four-bedroom condo in the soon-to-be-completed St. Regis Residences, a 50-story waterfront marvel scheduled for completion in 2027.
With over 4,400 square feet of living space and 5.5 bathrooms, the unit boasts private elevator access, panoramic views of Biscayne Bay and the Brickell skyline
Also, access to world-class amenities, including an infinity pool, private marina, and a fine-dining restaurant curated by Michelin-starred chef Fabio Trabocchi.
Though Perez’s return to Formula 1 remains uncertain, the luxury and tranquility of his new home in Miami may provide the perfect retreat from the pressures of professional racing.
His investment also reflects a broader trend: Miami and Formula 1 are evolving together as the city becomes a sanctuary for drivers off the circuit.
