Mexican driver Sergio Perez is on the verge of signing a lucrative deal with the newly established Formula 1 team, Cadillac. The team is set to make its debut in the competition in 2026 and is keen on securing Perez for a potential three-year contract, a move that could shake up the F1 grid.
Perez, who recently parted ways with Red Bull due to underwhelming results in 2024, has been in talks with Cadillac while also entertaining offers from at least two other F1 teams. With an impressive track record of 281 Grand Prix races, Perez’s experience is highly valued by Cadillac, as highlighted by team principal Graeme Lowdon.
The team is not only eyeing Perez but is also exploring other potential candidates, including the possibility of adding an American driver to their lineup. While there may be a desire among fans to see an American driver in an American team, Lowdon emphasized that merit will be the primary factor in their decision-making process.
Perez is expected to make a decision regarding his future by the end of this month, with Cadillac planning a launch event during the Miami Grand Prix weekend. The presence of Perez at the event could signal a significant development in the ongoing negotiations between the parties involved, adding more intrigue to the F1 driver market.
As the anticipation builds and speculation mounts, all eyes are on Sergio Perez and Cadillac as they edge closer to potentially reshaping the landscape of Formula 1 in the coming years.
