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Perez says Cadillac deal will be his last Formula One contract

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In short

Perez is preparing for his 300th Grand Prix start at his home race in Mexico City, where roughly 100,000 fans gathered for a promotional show run on Paseo de la Reforma. The 36-year-old driver returned to the championship this season following his exit from Red Bull at the end of 2024. However, the new outfit has struggled severely during its debut campaign, sitting last in the constructors' standings without a single point across 18 rounds. Perez acknowledged that the team would likely need a miracle to break its scoring drought at the Autodromo Hermanos Rodriguez.

Key points

  • Helping build the new Cadillac project serves as the veteran driver's final competitive m…: Helping build the new Cadillac project serves as the veteran driver's final competitive motivation in motorsport.
  • Scoring the American squad's first championship point in Mexico City will realistically r…: Scoring the American squad's first championship point in Mexico City will realistically require a miracle.
  • Massive domestic support remains strong as demonstrated by 100,000 fans attending a stree…: Massive domestic support remains strong as demonstrated by 100,000 fans attending a street demonstration ahead of the grand prix.

Sources checked by our analysis pipeline: 1

MEXICO CITY, Oct 29 : Sergio Perez said on Thursday that his newly announced contract extension with Cadillac will be his last in Formula One, as the Mexican prepares to mark his 300th Grand Prix start in front of his home fans this weekend.

The 36-year-old, who returned to the sport this season after a year away following his departure from Red Bull at the end of 2024, said his children were the main reason behind his decision to limit his career to three more years.

"I love this and it is my passion, and I could easily stay another 10 years because I really enjoy what I do," Perez told reporters.

"But I am also getting to an age where my children, who are the most important thing, will be at important stages of their lives and I want to spend much more time with them. I am clear that these last three years will be my last contract."

Rather than pursue a seat that could offer more immediate success, Perez said the chance to help build a team…

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