Sergio Pérez extends Cadillac contract through 2029

Cadillac has extended Sergio Pérez’s contract through 2029, keeping the Mexican with the team beyond the 2027 term expected under his previous multi-year deal.

The announcement came ahead of the Mexico Grand Prix, Pérez’s home race, where he was due to make his 300th Formula 1 start. He said he had believed in Cadillac’s project from its first day and saw the extension as a natural continuation. Building a team from the ground up takes time, hard work and patience, he said. Pérez described the progress so far as rewarding but said much remained to be done; he was committed to Cadillac for the next three years.

Cadillac CEO Dan Towriss called Pérez an essential part of the team. Towriss said the driver’s talent and leadership provide continuity as Cadillac builds on the foundation laid in its first year, with the aim of developing the team and moving up the grid step by step.

The extension clarifies Pérez’s contract, but not Cadillac’s full 2027 line-up. Valtteri Bottas also had a multi-year deal expected to keep him at the team that season, but team boss Marcin Budkowski recently declined to confirm that the line-up would remain unchanged. RacingNews365 linked the uncertainty to what it described as disappointing performances from Bottas.