Perez says Cadillac deal will be his last Formula One contract

Sergio Perez, the Cadillac driver, has announced that his recently confirmed contract extension with the American team will be his final in Formula One. The 36-year-old Mexican racer, who returned to the sport this season after taking a year off following his departure from Red Bull, expressed his decision to limit his career to three more years, driven by his children being the most important thing to him at this stage of life.

Despite his love for the sport and the chance to stay in Formula One for a decade more, Perez is committed to spending more quality time with his family during this crucial period.

Perez emphasized that the opportunity to help build a brand-new team for Cadillac, an American team that struggled in its debut season, was the most compelling factor motivating him. The team had not scored a single point after 18 rounds in the Constructors' standings. Despite the team's challenges, Perez remains a significant draw in Mexico.

During a show in Mexico City's Paseo de la Reforma, an estimated 100,000 fans gathered, and thousands more are expected to attend his home race at the Autodromo Hermanos Rodriguez this weekend. Perez admitted that while the team's chances of achieving a first point at his home race were slim, requiring a miracle, the hype surrounding his performances in Mexico was reminiscent of his fighting for victories in the past.