Sergio Pérez extends Cadillac F1 contract through 2029 ahead of 300th GP
Sergio Pérez signs a contract extension with Cadillac, committing to the team until 2029.
Sergio Pérez has committed his future to the Cadillac Formula 1 Team by signing a contract extension that keeps him with the American outfit until at least the end of 2029. The announcement came just days before Pérez is set to start his 300th Grand Prix at his home race in Mexico City. The 36-year-old joined Cadillac at the start of their debut F1 season in 2026 after spending two years away from the sport following his exit from Red Bull at the end of 2024.
Pérez’s first year with Cadillac has been challenging, with the team struggling at the back of the grid and yet to score points. His best results so far this season are three 14th-place finishes in Barcelona, Silverstone, and Azerbaijan. Despite this, Cadillac has shown faith in Pérez’s experience and leadership, extending his contract well beyond the original term, which was understood to run until the end of 2027. Team principal Dan Towriss emphasized Pérez’s integral role in the team’s long-term development, praising his talent and commitment as crucial to building a competitive squad from scratch.
“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,” Pérez said. “Building a Formula 1 team from the ground up takes time, relentless work and patience, but the progress we are making together is incredibly rewarding. There is still a lot of work ahead of us, and I am fully committed for the next three years.” He also thanked key figures at Cadillac and General Motors, as well as the team’s global staff and fans for their support.
Pérez’s return to F1 with Cadillac followed a year on the sidelines after Red Bull decided not to renew his contract, citing a need for a driver who could better support Max Verstappen. Pérez leaves behind six Grand Prix wins, five with Red Bull and one with Racing Point, and finished runner-up in the 2023 drivers’ championship. At Cadillac, he races alongside Valtteri Bottas, who also signed a multi-year deal but whose future beyond 2027 remains uncertain amid speculation about the team’s driver lineup.
With this new deal, Pérez will be 39 by the time it expires, joining the ranks of veteran drivers like Fernando Alonso and Lewis Hamilton who have extended their careers well into their late 30s and beyond. Cadillac’s decision to secure Pérez’s services through 2029 signals their commitment to building continuity and experience as they aim to climb the highly competitive F1 grid.
The focus now turns to the remainder of the 2026 season and how Pérez and Cadillac will develop their package. The Mexico City Grand Prix will be a milestone event for Pérez as he celebrates his 300th start, a testament to his longevity and resilience in the sport. Meanwhile, the team will continue working to translate their progress into points and improved results in the seasons ahead.
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