Overview

• Sergio Pérez is reported to have agreed to become Cadillac’s lead driver for the 2026 season, with an official announcement slated after the Hungarian Grand Prix.
• Team principal Graeme Lowdon says the team has shortlisted between six and ten veteran candidates and has begun in-depth talks to evaluate their motivations and technical contributions.
• Sources familiar with negotiations indicate the Pérez deal includes significant financial backing from Mexican businessman Carlos Slim, underscoring its commercial appeal.
• Alpine also pursued Pérez earlier in the driver market, but Cadillac has emerged as the frontrunner for his services in the lead-up to its debut.
• Cadillac plans to conduct on-track testing and pit-stop drills in late August as it accelerates preparations for its inaugural Formula 1 campaign.