Sergio Perez has committed to the Cadillac F1 project until at least 2029 after signing a contract extension with the US-owned outfit, as reported by Motorsport.com. The 36-year-old joined the expansion team for its 2026 debut following his departure from Red Bull.
Building for the Future
After navigating an inconsistent debut season with the American team, Perez has shown strong form this season, performing favorably alongside fellow veteran teammate Valtteri Bottas. Perez has developed a close relationship with team CEO Dan Towriss and General Motors chief Mark Reuss, which convinced him to extend his stay by another three seasons.
“Joining Cadillac Formula 1 Team from day one was a project I truly believed in, and extending my commitment feels like a natural continuation of this chapter,” Perez stated, as quoted by Motorsport.com. He added that constructing a team from the foundation takes patience and hard work, expressing gratitude to the leadership at TWG Motorsports and General Motors, as well as team members and fans.
Towriss emphasized the importance of the driver’s experience, noting that securing Perez’s leadership provides necessary continuity for the expanding squad. “Building a competitive team in F1 is a long-term journey, and securing Checo’s talent and leadership gives us the continuity and commitment we need to build on the strong foundation established in our first year,” Towriss said.
Upcoming Milestone and Teammate Situation
The contract announcement coincides with preparations for Perez’s 300th grand prix start at his home race in Mexico City. The six-time grand prix winner will celebrate the milestone by performing a street demonstration run in the Mexican capital.
Meanwhile, the identity of Perez’s teammate remains undecided. While Bottas previously signed a deal with the team, a challenging campaign has prompted Cadillac to reevaluate its lineup. Alongside Bottas potentially retaining his drive, the team has prepared American test driver Colton Herta for a potential F1 debut, while external candidates have also expressed interest in the remaining seat.
