The multi-year agreement ensures Sergio Perez will remain with Cadillac through 2029 to assist in developing the new team. The 36-year-old veteran initially joined the American squad for their debut campaign on the Formula One grid. Perez, who noted that building the outfit from the ground up demands patience, enters the upcoming Mexico City race marking his 300th career Grand Prix start. His prior achievements include securing six race victories alongside a career-best runner-up championship finish in 2023.
Key points
Cadillac has secured an experienced race winner to guide their long-term development from…: Cadillac has secured an experienced race winner to guide their long-term development from the ground up.
Perez views the contract extension as a natural continuation of his ongoing commitment to…: Perez views the contract extension as a natural continuation of his ongoing commitment to the new team.
The veteran driver brings over a decade of Formula One experience dating back to his debu…: The veteran driver brings over a decade of Formula One experience dating back to his debut season in 2011.
Sources checked by our analysis pipeline: 1
Oct 28 : Sergio Perez has signed a multi-year contract extension with Cadillac that will keep the Mexican driver with the American Formula One team until 2029, the team said on Wednesday.
Perez celebrates a milestone 300th Grand Prix start at the 36-year-old's home race in Mexico City this weekend. A six-times Grand Prix winner, Perez moved to Cadillac for their debut season on the grid.
"Joining Cadillac from day one was a project I truly believed in, and extending my commitment feels like a natural continuation of this chapter," Perez said in a statement.
"Building a Formula One 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."
A veteran who has raced in Formula One since 2011, Perez finished third in the 2022 drivers' championship and second the following season behind team mate Max Verstappen when he was with Red Bull Racing.
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