P1racenews AI automatic summary:
Huge money involved in Sergio Perez’s deal with Cadillac
Sergio Perez’s return to F1 with Cadillac will bring significant financial gains to the team, as he and Valtteri Bottas have been announced as the first drivers for Cadillac’s Formula 1 debut.
Cadillac’s decision to hire experienced drivers like Perez comes at a high cost, with Perez set to earn close to $10 million, making him one of the top-paid F1 drivers.
Perez’s popularity and marketability, especially in Mexico, have proven to be lucrative as he sold the second-most amount of worldwide merchandise during his time at Red Bull.
In addition to his base salary, Perez will also earn bonuses based on his performance and merchandise sales, which could further boost Cadillac’s profits.
Although Perez’s form dipped towards the end of his Red Bull tenure, his inclusion in Cadillac could potentially bring stability and success to the team.
Furthermore, Perez’s sponsorship deals and the possibility of bringing his sponsors to Cadillac could provide additional financial support to the team.
As Cadillac enters the F1 realm in 2026, the decision to secure a driver like Perez showcases their commitment to competitiveness and financial success in the sport.
