Perez contract extension confirmed by Cadillac
Sergio Perez has signed a new multi-year contract that keeps him at Cadillac until at least the end of 2029. The Perez contract extension adds two years to his original Cadillac deal, which was understood to expire at the end of 2027. Cadillac announced the agreement ahead of this weekend’s Mexico City Grand Prix, live on Sky Sports F1.
The timing gives Cadillac continuity as it builds its Formula 1 programme from a first-season base. Perez joined the new team this year after being dropped by Red Bull at the end of 2024 and spending a year on the sidelines. At 36, he is now committed to the project into his late thirties.
Cadillac chief executive Dan Towriss said the team was “thrilled” to confirm Perez’s stay on the eve of a special weekend in Mexico City. Towriss described building a competitive F1 team as a long-term journey and said securing Perez’s “talent and leadership” gives Cadillac the continuity and commitment needed to build on its first-year foundation.
Mexico City home race and 300th start
Perez will celebrate his 300th grand prix start on Sunday at the Autodromo Hermanos Rodriguez. The milestone arrives in front of his home crowd, adding a second layer to a weekend already shaped by his contract news. He is the third most experienced driver on the grid, behind only Fernando Alonso and Lewis Hamilton.
“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 said.
Perez added that building a team from the ground up takes time, relentless work and patience, and that the progress is “incredibly rewarding.” He said there is still a lot of work ahead and that he is fully committed for the next three years. He thanked Towriss, Mark Reuss, TWG Motorsports, General Motors, team members and fans.
Perez also said he would not let the team down and urged it to “keep pushing.” The source presents the extension as a natural continuation of his Cadillac chapter rather than a short-term fix.
Cadillac driver lineup and teammate battle
Perez is last in the Drivers’ Championship, but the source states he has outperformed Cadillac team-mate Valtteri Bottas in their team-mate battle. Bottas also joined the team this year on a multi-year contract understood to run until the end of 2027. The extension therefore stabilises Cadillac’s lineup beyond Bottas’s current understood term.
Bottas’s understood deal to the end of 2027 means Cadillac now has Perez locked in for two additional seasons beyond his team-mate’s current term. The source does not confirm any options or exit clauses in either contract.
Perez will be 39 in 2029, the final year covered by the new deal. Alonso and Hamilton have raced into their 40s, and the source notes Perez may look to emulate the two former world champions by extending his F1 career. That remains a projection rather than a stated plan.
The source does not provide points totals or qualifying head-to-head figures, so the teammate claim remains a broad performance statement. What is clear is that Cadillac has chosen continuity with the driver it says has won the internal comparison so far.
What to watch at the Mexico City Grand Prix
Sky Sports F1 will show every session of the Mexico City Grand Prix. Friday practice is scheduled for 6.30pm and 10pm, with qualifying on Saturday at 9pm and the race on Sunday at 8pm. The weekend is the second leg of The Americas triple-header.
- Friday: Practice One at 6.30pm and Practice Two at 10pm.
- Saturday: Practice Three at 6.30pm and qualifying at 9pm.
- Sunday: Grand Prix Sunday build-up at 6.30pm and the race at 8pm.
For Cadillac, the immediate focus is the home race and Perez’s 300th start. The longer view is whether the contract extension helps the team build around a driver who has already won the internal comparison with Bottas. The source does not set performance targets for the new deal.
This article is based on the original report by skysports.com.
