Cadillac has officially confirmed a contract extension with Sergio Perez, securing the Mexican driver's services until the end of the 2029 Formula 1 season. The agreement reinforces the American team's long-term commitment to its ambitious project and highlights Perez's central role in its development.The announcement comes ahead of the Mexico City Grand Prix, a particularly significant event for Perez as he prepares to make his 300th Formula 1 Grand Prix appearance on home soil. The contract extension adds another milestone to an already memorable weekend for the experienced Mexican driver.As part of the celebrations surrounding the event, Perez is also scheduled to participate in a special demonstration run through the streets of Mexico City. The event will take place along the iconic Paseo de la Reforma, where hundreds of thousands of motorsport fans are expected to gather to see their home favourite in action.Retaining Perez represents an important step in Cadillac's long-term development strategy. With extensive experience at the highest level of motorsport, the Mexican driver brings valuable technical knowledge, racecraft and an understanding of the demands of Formula 1. His expertise is expected to play a significant role as Cadillac continues to strengthen its infrastructure and establish itself as a competitive force in the championship.Speaking about his contract extension, Perez emphasised that his belief in Cadillac's potential had remained unchanged since the beginning of their partnership. He described the new agreement as a natural continuation of the work already undertaken.
Sergio Perez: "I have believed in this project from the very beginning and have always recognised what we can achieve together. Continuing our partnership therefore feels like a natural next step.Building a competitive Formula 1 team from the ground up is an enormous challenge. It requires patience, dedication and continuous development. However, that process is also what makes our achievements so rewarding. We have already made significant progress, but there is still a great deal of work ahead, and I am fully committed to contributing to that effort over the next three years."Perez also expressed his appreciation to Cadillac's leadership and the organisations supporting the team's Formula 1 programme."I would like to thank Dan Towriss, Mark Reuss and everyone at TWG Motorsports and General Motors for their continued trust and for giving me the opportunity to build on what we have started together. It is a privilege to be part of this team and contribute to its future."The Mexican driver also acknowledged the dedication of Cadillac personnel working both at race circuits and at the team's facilities in the United States and the United Kingdom. He extended his gratitude to supporters who have followed the project since its early stages."Every member of this team plays an important role in what we are trying to achieve. I sincerely appreciate the commitment of everyone involved, as well as the incredible support from our fans. Their trust means a great deal to me, and I am determined to repay it through my dedication and performances. We will continue pushing forward and fighting for our goals."The agreement, which runs until the end of 2029, underlines Cadillac's intention to build a stable and competitive Formula 1 operation with a clear long-term vision. By retaining Perez, the American team aims to benefit from continuity, experience and a shared commitment to achieving sustainable progress.For Perez, attention now turns to the Mexico City Grand Prix, where he will celebrate a major career milestone in front of his home supporters while looking ahead to the next chapter of his Formula 1 journey with Cadillac.
