Sergio Perez has committed to Cadillac's F1 project until 2029, giving the newest team on the grid a veteran anchor for the long haul.
Sergio Perez isn't going anywhere. The Mexican veteran has signed a multi-year contract extension with Cadillac that keeps him with the team until 2029, a clear statement of intent from both driver and constructor.
The deal gives Cadillac stability at a critical moment. As a brand-new entry on the Formula 1 grid, the team needs experience in the car and a driver who knows what it takes to compete at the sport's highest level. Perez, a multiple-time grand prix winner, brings exactly that.
For Perez, the extension is a major vote of confidence as he builds the next chapter of his F1 career. A long-term commitment suggests he sees real potential in Cadillac's project, and that the team sees him as a cornerstone rather than a short-term fix.
The real test starts on track. New teams face a steep learning curve, and a contract running to 2029 gives Perez and Cadillac time to develop the car, grow the operation and chase progress together. All eyes will be on how quickly they can turn long-term planning into results.
