paddocknote logopaddocknote

Sergio Perez extends Cadillac F1 deal to 2029

News - 2026-10-28 - By Jenny Marsh

Sergio Perez has extended his Cadillac F1 contract until at least 2029, with Formula1.com, BBC Sport and others reporting the confirmed deal.

Sergio Perez has extended his contract with Cadillac Formula 1 Team until at least 2029, as reported by Formula1.com, BBC Sport, Motorsport.com and RaceFans. The new deal keeps the Mexican driver in place through the American team’s first seasons in Formula 1.

Motorsport.com reported Perez had joined Cadillac for its 2026 debut after his exit from Red Bull left him out of a race seat last year. Cadillac enters Formula 1 in 2026 for its first season and has no race wins or constructors’ titles before its debut.

RaceFans reported the announcement came days before Perez’s 300th Grand Prix start at his home race in Mexico. Formula1.com and BBC Sport also reported that the extension runs until at least 2029, giving the new team continuity ahead of its first campaign.