Cadillac extends Sergio Perez deal through at least 2029

Cadillac has extended Sergio Perez’s contract through at least the 2029 Formula 1 season, securing the Mexican driver for several years as the team continues its development. The announcement confirms Perez’s place beyond the current term, while Cadillac has not identified his teammate for 2027. Perez said he was committed to the team for the next three years and described the extension as a natural continuation of a project he believed in from its start. He said building a Formula 1 team takes time and patience, and that he found the progress rewarding. He also thanked Cadillac’s leadership, General Motors and the team’s staff and supporters. Cadillac CEO Dan Towriss said Perez’s talent and leadership would provide continuity as the team builds on the foundation established in its first year. Towriss described building a competitive Formula 1 team as a long-term effort and said the team was focused on making progress. The extension was announced ahead of Perez’s home race in Mexico City, where he was set to make his 300th Grand Prix start. The sources describe the start as a milestone; one account says he would become the seventh driver to reach that total. Perez is a...