Contract Current Contract
Contract Start
2024
Contract End
2027
Duration
4
years
Base Salary
$5 million
W/Bonus
$13 million
Earnings Trend
Last 5 years
2026/27 Contract Extension (Williams)
Aug 15, 2024 - Alex Albon signed 2-year contract extension for 2026/27 F1 seasons. His base salary is reported to be around $8 million per-year plus bonues upto $8 million per-year.
Active Contract
| Signed | Base Salary | Bonus | Total | Team | Source |
|---|---|---|---|---|---|
| 2024 | $5m | $8m | $13m |
Williams
|
SkySportsF1 |
2023/25 Contract Extension (Williams)
Aug 03, 2022 - Alex Albon signed financially improved 3-year contract extension with Williams F1 taking his yearly base salary to $5 million (gross) per season. He is also entitled to success related bonuses upto maximum $8 million a-year.
First Williams Contract (2022)
Sep 08, 2021 - Signed one-year (2022) contract at Williams with reported salary of $2 million per-year plus bonues.
Earnings Per Year
Year
Base
Team
2027
$8m
2026
$8m
2025
$5m
2024
$5m
2023
$5m
2022
$2m
| Year | Base Salary | Verified | Age | Team | Remarks |
|---|---|---|---|---|---|
| 2027 | $8m | 30 | Williams | ||
| 2026 | $8m |
|
29 | Williams | |
| 2025 | $5m |
|
28 | Williams | |
| 2024 | $5m |
|
27 | Williams | |
| 2023 | $5m |
|
26 | Williams | |
| 2022 | $2m |
|
25 | Williams |
Who Earns More?
Compare player salaries, contracts, and total earnings
ALEX ALBON
$13m
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FERNANDO ALONSO
$28m
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Suggested Comparisons
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Frequently Asked Questions
Alex Albon earns around $5 million per year in base salary with his current 3-year (2023/25) contract with Williams.
He can also clear maximum $8 million in performance and success related bonues.
He has singed 2-year (2026/27) contract extensions at Williams Racing announced back in April 2024.
His current net worth is estimated to be around $15 million as of 2025.