Sergio Perez still has plenty to offer Formula 1 in the right environment, believes his former team boss Otmar Szafnauer.

Perez is understood to be returning to Formula 1 in 2026, having reached an agreement with Cadillac to join Graeme Lowdon’s team for its first year in the sport.

Otmar Szafnauer: Sergio Perez ‘a good addition’ for a new team

Multiple sources have indicated to PlanetF1.com that the Mexican driver is set to join Cadillac, having agreed terms with the American squad , but is yet to formally sign a contract.

It’s expected that his confirmation at Cadillac will come during the week of the Italian Grand Prix at Monza.

Perez is likely to be paired with fellow F1 veteran Valtteri Bottas, with the pair boasting over 500 grands prix experience as a duo and offering Cadill

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