Cadillac extends Perez deal until 2029

Cadillac F1 CEO Dan Towriss says Sergio Perez deserved a new long-term contract because of his work in building the team, not only his on-track results. Cadillac announced the agreement at the Mexico City Grand Prix, keeping the 36-year-old with the team until 2029.

Towriss said Perez has given technical feedback on the car and has helped attract people to the project through his network. He also said Perez regularly pushes the team to keep evolving as it expands. The agreement was reached during the summer, amid speculation linking Perez with a possible move to Williams, which Towriss denied was the reason for the deal.

Perez is expected to remain alongside Valtteri Bottas in an unchanged line-up for 2027, while Colton Herta has made several FP1 appearances.