Overview
- Sergio Perez, who left Red Bull and the Formula 1 grid at the end of 2024, is in advanced negotiations with Cadillac for its 2026 debut as the sport's 11th team.
- Initial talks have taken place between Perez and Alpine, with the team exploring options for its 2026 lineup after switching to Mercedes power units.
- Perez’s potential move to Mercedes is contingent on George Russell leaving the team, which could depend on Max Verstappen’s future with Red Bull.
- Cadillac values Perez's experience, technical feedback, and commercial appeal, but no contract has been signed despite speculation.
- Perez continues training and assessing options with the backing of Mexican billionaire Carlos Slim Domit, emphasizing the need for a competitive and motivating project.