Cadillac F1 Team Expected To Tap Sergio Pérez For 2026

The Cadillac F1 team is a done deal, joining the Formula One grid as the series’ 11^th team starting in 2026. While some important details, like its temporary power unit deal with Ferrari, are out in the open, there’s still quite a bit of mystery surrounding General Motors’ foray into F1. That includes its driver lineup – although GM has eyes on Sergio “Checo” Pérez, who was dumped by competitor Red Bull Racing (RBR) in 2024.

A translated report from Fox Sports Mexico indicates that Pérez is currently negotiating a contract with the Cadillac F1 team. Pérez is not interested in returning to RBR, which is partnering with Ford beginning in 2026, because the team “treated him very badly.” Essentially, with Max Verstappen positioned as RBR’s first driver, there’s little room for Pérez to negotiate.

However, joining forces with the Cadillac F1 team could be just the boon Pérez needs. While GM has yet to confirm its driver lineup, the automaker has expressed interest in pairing an established driver, like Pérez, with a rising American talent.

“But Cadillac isn’t going to fight for victories or, perhaps, podiums; that’s what I think Checo Pérez is thinking. In fact, there are already negotiations with Cadillac,” said Fox Sports‘ Chacho López. “Checo will be thinking that he’ll have a very large financial offer, a technical base that can advance in the future, but in the season, you’ll be starting from scratch.”

Of course, nothing’s set in stone quite yet. Mick Schumacher has been floated as a possible wheelman, as has young IndyCar driver Colton Herta, although the latter isn’t sure he’s ready to turn his back on his Indy career quite yet.

Whatever the case, the Cadillac F1 deal has been, and will continue to be, an expensive project for GM. In fact, the automaker had to shell out a $450 million “antidilution” fee to secure its spot on the grid in 2026.