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Formula 1 driver transfers and team principal changes Long press to copy event ID, title, and status

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During the United States Grand Prix weekend (23–24 October 2026), the 2027 Formula 1 driver market saw renewed uncertainty as Cadillac Team Principal Marcin Budkowski revealed the team's lineup is not yet finalized, despite previous reports of multi-year deals for Sergio Perez and Valtteri Bottas. Meanwhile, former team boss Otmar Szafnauer disclosed on 23 October that he had twice rejected offers to lead the Cadillac project. Mercedes also provided further clarity on its post-2026 leadership transition, with Toto Wolff detailing a plan to divide his current responsibilities among a multi-person management structure.

  • Cadillac 2027 driver uncertainty: On 23 October 2026, Team Principal Marcin Budkowski stated that Cadillac has yet to settle its 2027 driver lineup; while Sergio Perez is believed to have a firm two-year deal, Valtteri Bottas's seat is reportedly subject to an option that remains unconfirmed.
  • Otmar Szafnauer's Cadillac revelation: In a podcast released on 23 October 2026, former Alpine principal Otmar Szafnauer revealed he was twice offered the role of Cadillac Team Principal by Michael Andretti but declined because the team lacked a confirmed F1 entry at the time.
  • Mercedes succession structure: Updated reports on 23 October 2026 clarified that Toto Wolff intends to split his Team Principal and CEO duties among two or three successors to ensure institutional longevity, with Deputy Team Principal Bradley Lord already integrated into this future leadership group.
  • Racing Bulls 2027 status: As of 24 October 2026, Racing Bulls remains the only team with both 2027 seats officially unconfirmed; Team Principal Alan Permane confirmed that a decision between Liam Lawson, Arvid Lindblad, and Nikola Tsolov is expected in the coming weeks.
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Monitoring since 23-Apr-26, 23:44
Last updated 24-Oct-26, 23:15
Next check (after last run) 28-Oct-26, 23:45
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Formula 1 confirmed driver transfers, contract renewals, and team principal changes

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