SERGIO PEREZ is edging closer to signing a deal with new F1 side Cadillac.
The General Motors backed team will make its debut on the grid in 2026 and are yet to announce their line up for the grid.
GettySergio Perez is a front-runner for the new F1 team Cadillac[/caption]
Mexican driver Perez has not been in the paddock this season after he was axed by Red Bull last December.
But talks are ramping up with Cadillac and a deal could be announced in the coming weeks.
Perez’s Red Bull exit came after a run of woeful results where he failed to make a podium in his final 19 races.
In April Perez made it clear he had spoken to a handful of teams and said: “We are talking to a few parties out there.
“Once I know all my options, I will make a decision. What is very clear to me is that I’m only coming back if the project makes sense, and it’s something I can enjoy.”
Perez is a hot prospect given he is a six-time race winner and brings strong commercial appeal in Mexico.
The 35-year-old is also backed by Mexican billionaire Carlos Slim.
Perez has reportedly held talks with Alpine with Franco Colapinto struggling to hit the ground running.
Mercedes reserve driver Valtteri Bottas is said to be a favourite for the other Cadillac seat.
Michael Schumacher’s son Mick was also considered by the American team, having been out of F1 for three-years.
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