Sergio Pérez earns a base salary of $10m from Cadillac in 2026, his first F1 race salary since Red Bull cut short his contract after the 2024 season. That’s $2m below his final Red Bull base of $12m, and level with what the team paid him in 2022 and 2023.
It works out at about $435k per Grand Prix. Cadillac is paying for 14 seasons of experience rather than recent results, having signed him after a full year without a race seat.
Relays Record MX's report of a base close to $10m plus performance incentives and a share of merchandise sales.
Base Salary Earned in 2026$8.17m of $10m
82% of the way through 2026
Since this page loaded
BASE SALARY EARNED
$0Prorated Earnings Estimate
POTENTIAL INCOME
$0Prorated Earnings Estimate
CAREER EARNINGS
$136,670,000Prorated Earnings Estimate
These tickers illustrate calculated averages based on annual figures and are not actual payments.
How Much Could Checo Add in Bonuses?
Performance incentives could add around $1.5m and lift his potential income to $11.5m, although Cadillac has yet to score a point in its debut season. Red Bull once paid him $16m in bonuses in a single year. A reported share of merchandise sales sits outside these figures.
What Checo Pérez Earns Per Race and Per Month
PER MONTH
$833k
PER WEEK
$192k
PER DAY
$27k
PER HOUR
$1,142
Pérez’s $10m base averages about $833k a month, $192k a week and $27k a day. With the $1.5m bonus scenario added, the monthly figure rises to $958k and each race is worth about $500k. These are illustrative averages, and Cadillac may pay him on a different schedule.
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His management company's own site, which names Khalil Beschir as his manager.
Sergio Pérez Cadillac Contract Details
Cadillac announced Pérez on August 26, 2025 as one half of its first F1 line-up, alongside Valtteri Bottas. His contract began with the 2026 season and runs for two years to the end of 2027. At $10m a season, it’s worth about $20m in base salary.
A third season is the open question. Reports at the time of signing mentioned a performance-based option for 2028, and that third year has since been discussed, but nothing beyond 2027 has been signed. He’s under contract for this season and next, and his 2026 results are likely to shape any talk of 2028.
Pérez’s F1 pay history covers 15 seasons and six team names, starting on about $278k at Sauber in 2011. The stints below follow his climb through the midfield to $26m a year at Red Bull, and on to Cadillac. Those earnings sit behind his estimated $70m net worth.
2026
Cadillac
$10m
Back on the Grid With Cadillac
▾
POTENTIAL INCOME
$11.5m
AGE
36
TEAM
Cadillac
Cadillac’s $10m base brought him back after a year away, and a strong season could lift his income to $11.5m. The new team has yet to score in 2026, so bonuses are a long way off for now.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2026
36
$10m
$11.5m
0
23
2025
Absent
$0
A Year Without a Race Seat
▾
POTENTIAL INCOME
$0
AGE
35
TEAM
Absent
Red Bull ended his contract after 2024 even though it ran through 2026, and he went without a race salary in 2025. The compensation he received for that exit is a separate payment and isn’t counted here.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2025
35
$0
$0
0
2021-2024
Red Bull
$5m-12m
Bonuses Bigger Than the Salary
▾
POTENTIAL INCOME
$18m-26m
AGE
31-34
TEAM
Red Bull
Red Bull lifted his base from $5m to $12m, but bonuses did most of the work. His income peaked at $26m in both 2022 and 2023, a spell that brought four wins and second place to Max Verstappen in 2023.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2024
34
$12m
$19.5m
152
8
2023
33
$10m
$26m
285
2
2022
32
$10m
$26m
305
3
2021
31
$5m
$18m
190
4
2019-2020
Racing Point
$5m-8m
A First Win, Then the Exit
▾
POTENTIAL INCOME
$5m-8m
AGE
29-30
TEAM
Racing Point
Racing Point paid $5m in 2019 and $8m in 2020, when he scored 125 points and won the Sakhir Grand Prix after dropping to last on the opening lap. The team had already signed Sebastian Vettel for 2021.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2020
30
$8m
$8m
125
4
2019
29
$5m
$5m
52
10
2014-2018
Force India
$3.99m-5.65m
Five Years as Team Leader
▾
POTENTIAL INCOME
$3.99m-5.65m
AGE
24-28
TEAM
Force India
Force India doubled his McLaren wage to about $3.99m, and his base reached $5.65m by 2017. He led the team on points in both 2016 and 2017, beating Esteban Ocon 100 to 87 in their first season together.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2018
28
$5m
$5m
62
8
2017
27
$5.65m
$5.65m
100
7
2016
26
$4.43m
$4.43m
101
7
2015
25
$4.44m
$4.44m
78
9
2014
24
$3.99m
$3.99m
59
10
2013
McLaren
$1.99m
Hamilton's Replacement at McLaren
▾
POTENTIAL INCOME
$1.99m
AGE
23
TEAM
McLaren
McLaren roughly tripled his Sauber pay to about $1.99m when it chose him to replace Lewis Hamilton. The car was off the pace, and 49 points in a podium-free season weren’t enough to keep the seat.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2013
23
$1.99m
$1.99m
49
11
2011-2012
Sauber
$278k-642k
Podiums on a Rookie Wage
▾
POTENTIAL INCOME
$278k-642k
AGE
21-22
TEAM
Sauber
His debut season paid about $278k and his second about $642k, small sums for a driver who took three podiums for Sauber in 2012. Second places in Malaysia and Italy and third in Canada earned him the McLaren call.
Splits his final Red Bull season into a $12m salary and a $7.5m bonus.
Why Cadillac Chose Pérez for Its First Season
Cadillac wanted proven race winners for its debut season, and Pérez brings 299 Grand Prix starts and six victories.
Six Grand Prix wins. He’s won in Sakhir, Monaco, Singapore, Saudi Arabia and twice in Baku, more than any other Mexican driver in F1 history.
A championship runner-up. He finished second to Max Verstappen in 2023 with 285 points, the best championship result in his F1 career stats.
Results in midfield cars. He scored podiums for Sauber, Force India, and Racing Point long before Red Bull, so he knows how to get the most from a car that was never expected to win.
Deep experience. His 299 Grand Prix starts give a brand-new team years of set-up and race knowledge that no rookie could bring.
A loyal following. As Mexico’s leading F1 driver, he brings a huge Mexican fan base to an American team.
How Pérez Compares With Bottas on Pay
Pérez earns twice as much as Valtteri Bottas, with a $10m base against $5m. Including both bonus scenarios, he leads $11.5m to $7m. Neither driver has scored a point in 2026, so Cadillac’s first season has yet to give either of them the edge on track.
Sergio Pérez is under contract with Cadillac until the end of 2027. The two-year deal was announced on August 26, 2025, began with this season and is worth about $20m in base salary. A third year for 2028 has been discussed, but it hasn’t been signed and isn’t guaranteed. Swiss newspaper Blick reported in October that Cadillac may not keep both Pérez and Valtteri Bottas for 2027, with Bottas seen as the more likely to go. Cadillac hasn’t commented.
Cadillac pays Sergio Pérez a base salary of $10m in 2026, which comes to about $435k per race. Performance incentives could add around $1.5m, for potential income of $11.5m. He’s also reported to receive a share of merchandise sales, which isn’t included in those figures.
Red Bull has never officially revealed how much it paid Sergio Pérez to end his contract, which still had two years to run. Helmut Marko confirmed in December 2024 that releasing him cost the team millions. That payment was compensation rather than race pay, so it isn’t counted in his salary figures for 2025.
Sergio Pérez earned $18m-26m a year at Red Bull from 2021 to 2024 once bonuses are added to his base salary. His best seasons were 2022 and 2023, when a $10m base and $16m in bonuses brought him $26m each year.
His base rose to $12m in 2024, but his bonuses fell to $7.5m.
Sergio Pérez makes about $833k a month from his $10m Cadillac base salary in 2026, or roughly $27k a day. With the $1.5m bonus scenario added, his monthly figure rises to $958k.
These are illustrative averages, and Cadillac may pay him on a different schedule.
Sergio Pérez earns more than Valtteri Bottas at Cadillac, with a $10m base salary that’s double Bottas’s $5m. With bonus scenarios included he leads $11.5m to $7m, and both drivers are signed with the team through 2027.
Force India / Racing Point
