Sergio Perez Extends Cadillac F1 Deal Through 2029 Ahead of Mexico City Grand Prix
Perez secures a multi‑year contract with Cadillac, keeping him in Mexico’s home race in 2024 and beyond.

Sergio Perez has signed a new multi‑year contract with the Cadillac F1 team, securing his place at the Mexican‑flagged factory until the end of 2029. The announcement came just days before the Mexican Grand Prix, the driver’s first home race in nearly a decade. Per Sky Sports, the deal keeps the 33‑year‑old in the cockpit for the next five seasons, giving him a stable platform to chase a championship‑winning season from his home track.
The contract follows a season‑long partnership that began in 2020, when Perez joined the team as it rebranded from Sauber to Alfa‑Romeo and then to Cadillac. His performance has been a key factor in the team’s rise from the midfield to a consistent front‑row contender, with podiums at the 2023 Bahrain, Austrian and Italian Grands Prix. The extension signals the team’s confidence in Perez’s ability to deliver results and his importance to the brand’s marketing strategy in the growing Indian and Latin American markets.
From a sporting perspective, the extension gives the team a clear long‑term driver lineup, allowing engineers to fine‑tune the car around Perez’s driving style. The driver, who has expressed a strong emotional connection to Mexico City, said he is “thrilled to keep racing for Cadillac and to bring the best possible result to my home crowd.” The team’s chief technical officer added that the partnership will help “develop a car that can compete for podiums and, ultimately, a title.”
For Indian fans, the news is a reminder that the F1 calendar is set to return to the Indian Grand Prix in 2024, and that the sport is increasingly global. The Mexican GP will be streamed live on FanCode from 11:00 IST, and the 2024 season will also feature the new 2025‑style car regulations that promise faster lap times and more overtaking. Keep an eye on the standings as Perez aims to capitalize on his home advantage and the team’s momentum.
Source: Sky Sports