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Motor racing-Perez extends Cadillac contract until 2029

By Thomson Reuters Oct 28, 2026 | 10:36 AM

Oct 28 (Reuters) – 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.

(Reporting by Rohith Nair in Bengaluru, editing by ​Ed Osmond)