Veteran driver Sergio Perez commits to the American Formula One team until 2029, securing his future in the sport.
Mexican Formula One driver Sergio Perez has signed a multi-year contract extension with the Cadillac team, keeping him with the American constructor until 2029. The announcement was confirmed following information published by BBC.
The 36-year-old driver is preparing for his 300th Grand Prix start this weekend at his home race in Mexico City. Perez joined the brand new team last August alongside fellow veteran driver Valtteri Bottas ahead of their debut season.
Despite a difficult start on the grid for the new constructor, Perez expressed strong belief in the long-term project. Neither Perez nor Bottas has managed to score a championship point for Cadillac yet this season, according to information published by BBC.
Sergio Perez F1 Career History
Perez made his official Formula One debut back in 2011 and has secured six Grand Prix victories throughout his career. Five of those wins came during his stint with Red Bull between 2021 and 2024, while his first career victory was achieved with Racing Point in 2020.
His strongest championship finishes came in 2022 when he placed third, followed by a career-best second place behind his teammate Max Verstappen in 2023. However, Red Bull dropped him at the end of the 2024 season with two years remaining on his contract.
Cadillac Formula One Team Progress
Building a brand new Formula One team from scratch requires immense patience and relentless effort, according to statements made by Perez. He emphasizes that the steady progress being made behind the scenes is rewarding despite current on-track challenges.
Perez currently sits at the bottom of the 2026 driver standings without any points. His best performances so far this season are three 14th-place finishes recorded at circuits in Barcelona, Silverstone, and Azerbaijan.
Looking Ahead to the Next Three Years
With his new contract secured, Perez is fully dedicated to the next three years of development with Cadillac. He believes that extending his current commitment is a natural progression for this chapter of his racing career.
The American team continues to work on car performance as new regulations loom over the sport. Proposals for simpler and cheaper hybrid V8 engines are currently being discussed for upcoming Formula One rule changes.
Frequently Asked Questions
How long is Sergio Perez's new contract with Cadillac?
Sergio Perez has signed a multi-year contract extension with Cadillac that runs through the end of the 2029 Formula One season.
What are Sergio Perez's best results for Cadillac so far?
Perez sits at the bottom of the 2026 standings, with three 14th-place finishes at Barcelona, Silverstone, and Azerbaijan as his season highlights.
Who is Sergio Perez's teammate at Cadillac?
Sergio Perez races alongside fellow veteran driver Valtteri Bottas for the American Formula One team Cadillac.
How many Grand Prix wins does Sergio Perez have?
Sergio Perez has secured six Grand Prix victories in his Formula One career, including five with Red Bull and one with Racing Point.
