Sergio Perez commits to Cadillac for 2027 F1 season: 'Obviously I want this'

Sergio Perez has confirmed his Cadillac contract is a two-year deal that runs through 2027, ending any speculation about his future. The 36-year-old made his intentions clear during the Dutch Grand Prix weekend, saying, 'Obviously I want this.'

Why it matters:

Perez's experience is crucial for Cadillac as it navigates a difficult debut season. The team is still searching for its first point, and with a recent leadership shake-up, keeping a proven driver provides much-needed stability while the squad addresses reliability and operational issues.

The details:

• Perez's two-year contract extends his partnership with the GM-backed squad into next season.
• Williams rumors were unfounded; Alex Albon and Carlos Sainz have both re-signed, closing that door.
• He came close to Cadillac's first point at Monaco, but a penalty dropped him from P10 at the flag.
• Graeme Lowdon was replaced by Marcin Budkowski as team principal, a move aimed at fixing problems like the unreliable brakes.
• Cadillac CEO Dan Towriss has shown he's willing to make tough decisions, and Perez sees himself as a cornerstone: 'I see this as my project.'

What's next:

Perez expects further discussions about his future later on, but his immediate focus is on helping Cadillac improve. With Budkowski now leading operations, the team hopes to turn early promise into points as the season progresses.