Sergio Perez has secured his long-term future in Formula One by signing a multi-year contract extension with Cadillac, keeping him at the team through the 2029 season. The 36-year-old Mexican driver joined the American outfit last August ahead of their debut season on the grid, where he races alongside fellow veteran Valtteri Bottas. This commitment signals Cadillac’s confidence in Perez’s experience and leadership as they establish themselves as a competitive force in the sport’s newest era.
Mexican veteran locks in long-term future with American F1 outfit after Red Bull exit
Perez brings a proven record of success to the team, having claimed six Grand Prix victories during his career. His most recent win came in Azerbaijan in 2023, capping a period where he finished second in the drivers’ championship behind Max Verstappen. Prior to that, he secured five wins for Red Bull between 2021 and 2024, plus a victory for Racing Point (now Aston Martin) in 2020. This weekend, Perez will mark a significant milestone by making his 300th Grand Prix start at his home race in Mexico City, further cementing his status as a durable and accomplished figure in the sport.
The extension comes after Perez was released by Red Bull at the end of the 2024 season, with the team concluding he had exhausted his window to effectively support Verstappen. Despite having two years remaining on his previous deal, the Mexican driver found a new home in Cadillac, where he is now set to remain until 2029. This move underscores the team’s strategy of relying on seasoned talent to navigate the technical and competitive challenges of their inaugural years, providing stability for both the driver and the organization.
Source: BBC Sport
