Alexander Albon

Salary, Contract & Net Worth

Alexander (Alex) Albon is a Thai and British lead racing driver for Williams Racing, having originally joined the team ahead of the 2022 Formula 1 season, and then solidified his place with a multi-year contract extensions.

His deal aligns with the team's long-term rebuild strategy under Team Principal James Vowles as they prepare for the 2026 regulation overhaul. Albon’s contract is seen as a cornerstone of Williams’ renewed ambition: not only does he bring strong technical feedback and experience, but his commitment reflects the team’s strategy to rebuild steadily around a reliable lead driver.

In May 2024,  Albon signed a two-year contract that keeping him at Williams through at least the end of 2026. Albon earns an estimated $8 million gross per year, translating to around €7.44 million or £6.8 million, equivalent to about $153,846 ( about £132,000 ) per week.