Just in time for his anniversary in Mexico: Sergio Pérez extends his Cadillac contract

Sergio Pérez has been racing this year in the colours of Formula 1 newcomers Cadillac, and although, as expected, the US team’s car is not yet able to keep up with the competition, the seasoned Grand Prix driver is receiving a great deal of praise for his performances – from the team principal as well as from experts and fans alike.

This week sees the Guadalajara-born driver’s home race, and in Mexico City the 36-year-old will also be celebrating a significant milestone in his career: he will be competing in his 300th Grand Prix. To mark the occasion, he’ll be putting his foot down on the streets of Mexico City during a show run this Wednesday.

As part of this special event, Pérez will also be able to celebrate his contract extension, which the team confirmed today. The six-time Grand Prix winner will continue to compete for the Cadillac team in the Formula 1 World Championship until at least the end of 2029.

Sergio Pérez: A promise to the Cadillac team and the fans

“I’ve been part of the Cadillac team from the very beginning and I’ve believed firmly in this project right from the start. Extending my contract therefore feels like the natural continuation of this chapter,” says Pérez of his contract extension. He knows: “Building a Formula 1 team from the ground up takes time, tireless work and patience, but the progress we’re making together is incredibly rewarding. There’s still a lot of work ahead of us, and I’ll be fully committed to it over the next three years.”

The seasoned GP driver also takes the opportunity to thank his team and General Motors. He promises: “To every member of this special team, at the racetrack, in the US, in the UK and to our fans: thank you very much for your support and your trust. I won’t let you down. Let’s keep pushing forward!”

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Cadillac F1 CEO Dan Towriss says: “We are delighted to announce Checo’s contract extension ahead of this special weekend in Mexico. “Building a competitive team in Formula 1 is a long-term endeavour, and securing Checo’s talent and leadership gives us the continuity and commitment we need to build on the strong foundations we laid in our first year. Together, we are focusing on the next phase of our journey, driving the team forward and working to move further up the grid.”

It comes as no surprise that the team announced the extension of Pérez’s contract ahead of the Mexican’s home race. Team principal Marcin Budkowskiwas full of praise for his protégé in Austin. The future of his team-mate Valtteri Bottas, however, is far more uncertain. According to rumours, he could be replaced by Esteban Ocon, who has fallen out of favour at Haas.