Breaking: Pérez extends with Cadillac until 2029 and wants to end his career there
On the eve of his home Grand Prix, Sergio Pérez has extended his Cadillac contract until at least 2029. The 36-year-old Mexican, who will make his 300th F1 start on Sunday, wants to finish his career with the American team.
By Marc ErnoultCreator of OvertakeWritten with the help of AI, reviewed and approved before publication. Read our editorial policy.
Three more seasons with Cadillac
The announcement came on Wednesday 28 October, just before the Mexico weekend. Cadillac confirmed a multi-year extension for Sergio Pérez, who commits to the American project until at least 2029. The driver says he is fully committed for the next three years.
For the team, Dan Towriss, head of Cadillac F1 and TWG Motorsports, welcomed Checo staying on as an essential part of the outfit for years to come, according to the statement relayed by Nextgen-Auto. According to Fan F1, he also sees it as a guarantee of continuity for the team.
A career end already planned
Pérez makes no secret of it: Cadillac is where he wants to end his career, and on a high. According to L'Équipe, he told the media in Mexico on Thursday that he plans to retire at the end of the 2029 season. The contract itself runs until "at least" that date.
It has been a long road. Having raced for Sauber, McLaren, Force India, Racing Point and Red Bull, the Mexican has six Grand Prix wins to his name. On Sunday, in front of his home crowd, he will start his 300th Grand Prix.
Measured ambitions, a long-term project
The challenge is considerable. Cadillac sits last in the constructors' championship and has yet to score a point in 18 races. Pérez is therefore not setting wins or podiums as targets. He wants to judge the project by the progress made before he retires, with three years ahead to give everything, according to comments reported by Nextgen-Auto.
He is counting on General Motors and TWG, whose level of investment and commitment he describes as extremely high. As for his future team-mate, he refuses to choose between Valtteri Bottas and Colton Herta. He praises both, points out that the decision lies with new team boss Marcin Budkowski, and believes the next three or four months will be decisive in preparing for 2027.
By extending Pérez, Cadillac secures an experienced leader for its building years. What remains is to find him a team-mate, and to finally score the first points that would give the project real substance.
The Overtake take
Extending Pérez until 2029 is a bet on continuity for a project that has not yet scored in 18 races. The Mexican judges the project's success by the progress made before his retirement rather than by immediate results.
That leaves the seat next to him: Bottas or Herta, a decision that rests with Marcin Budkowski. For your predictions, it is best not to count on a Cadillac top 3 while the team remains pointless.
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