Overview
- Cadillac announced on Wednesday, October 28, 2026, that Pérez had signed a contract extension keeping him with the team until at least the end of 2029.
- Pérez will mark his 300th Formula 1 start at the Mexico City Grand Prix this weekend, making him the seventh driver to reach that milestone and the first to do so at his home race.
- The extension arrives while Cadillac is still without a championship point in its 2026 debut season, and Pérez was denied what would have been the team’s first point at Monaco after a post-race five-place penalty dropped him from P10.
- Cadillac credited Pérez’s technical feedback, race craft and leadership for accelerating chassis development and improving trackside operations, and he has shown a clear performance edge over team-mate Valtteri Bottas in race pace.
- With Pérez settled, Cadillac has not confirmed its 2027 second driver and is reported to be weighing options including Colton Herta, Frederik Vesti and Yuki Tsunoda, a choice that will affect the team’s driver-development pathway and on-track progress.