Sergio Perez has signed a new multi-year contract that will see him stay at Cadillac until at least the end of 2029.
Perez’s original contract with Cadillac was understood to expire at the end of 2027, but the Mexican has extended his deal by two years ahead of this weekend’s Mexican Grand Prix. live on Sky Sports F1.
The 36-year-old will celebrate his 300th grand prix start this Sunday in front of his home crowd at Autodromo Hermanos Rodriguez.
“Joining the Cadillac Formula 1 team from day one was a project I truly believed in, and expanding my commitment seems like a natural continuation of this chapter,” said Perez..
“Building a Formula 1 team from the ground up takes time, relentless work and patience, but the progress we are making together is hugely rewarding. There is still a lot of work ahead of us and I am fully committed to the next three years.
“I want to thank Dan (Towriss), Mark (Reuss) and everyone at TWG Motorsports and General Motors for the opportunity to build on what we started together. To every member of this special team, on the track, in the US, UK and our fans, thank you for your support and trust. I will not let you down. Let’s keep pushing!”
After being dropped by Red Bull at the end of 2024, Perez had a year on the sidelines but returned to Formula 1 this year with Cadillac.
Despite being last in the drivers’ championship, Perez has edged out fellow Cadillac team-mate Valtteri Bottas in their battle with teammates. Bottas also joined the team this year on a multi-year contract, which is expected to run until the end of 2027.
Perez, who is the third most experienced driver on the F1 grid behind only Fernando Alonso and Lewis Hamilton, will be 39 in 2029.
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Earlier this year, Perez joined world No. 1 golfer Scottie Scheffler for a round at the Cadillac Championship
Alonso and Hamilton have raced into their 40s and Perez could look to emulate the two former world champions by extending his F1 career.
Cadillac Chief Executive Dan Towriss said: “Ahead of a special weekend in Mexico City, we are thrilled to announce that Checo will remain an integral part of the Cadillac Formula 1 team for years to come.
“Building a competitive team in F1 is a long-term journey, and securing Checo’s talent and leadership gives us the continuity and commitment we need to build on the strong foundations laid in our first year. Together, we are focused on the next stage of our journey, driving the team forward and making progress on the grid.”
Sky Sports F1 Mexico City GP live schedule
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Check out some of the most dramatic moments that happened at the Mexico City Grand Prix
Thursday 29 October
20:00: Drivers’ press conference
11.00pm: Paddock uncut
Friday, October 30
18:00: First practice of the Mexican Grand Prix (session starts at 18:30)*
20:00: F1 show
21:00: Press conference of the team bosses
21:30: Second Practice of the Mexican Grand Prix (session starts at 22:00)*
Saturday, October 31
17:15: Third Practice of the Mexican Grand Prix (session starts at 18:30)
20:00: Mexican Grand Prix qualifying preparation
21:00: MEXICO CITY GRAND PRIX QUALIFYING
11:00 p.m.: Ted’s qualifying notebook
Sunday 1 November
17:00: Race 3 of the F1 Academy
18:30: Grand Prix Sunday: Mexico City GP Preparation
20:00: MEXICO CITY Grand Prix*
22:00: Checkered flag: Mexico GP reaction
11:00 p.m.: Teddy’s Notebook
*also on Sky Sports Main Event
Formula 1 heads south for the second leg of the Americas triple with the Mexico City Grand Prix this weekend, live on Sky Sports F1. Stream Sky Sports with NOW – no contract, cancel anytime
