Sergio Perez extends Cadillac contract until at least 2029

Sergio Perez will remain with Cadillac in Formula 1 until at least 2029 after signing a multi-year contract extension, the team announced on Wednesday ahead of the Mexico City Grand Prix.

The Mexican driver joined Cadillac for its debut season in 2026 and has become an important part of the American outfit’s long-term project. The extension provides continuity as the team works to establish itself in Formula 1 and improve its competitiveness. Perez has yet to score a championship point with Cadillac this season, but the team has highlighted his experience and leadership as valuable assets.

“Building a Formula 1 team from the ground up takes time, relentless work and patience,” Perez said, adding that he remained fully committed to the project for the next three years. Cadillac CEO Dan Towriss welcomed the agreement, saying Perez’s talent and leadership would help the team build on the foundations established during its first campaign.

The new deal comes just before Perez’s home race in Mexico City, where he is set to make his 300th Grand Prix start. A six-time race winner, he has previously competed for Sauber, McLaren, Force India, Racing Point and Red Bull. His renewed commitment gives Cadillac greater stability as it looks to make progress in the seasons ahead.