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FORMULA 1
Alexander Albon
Alexander Albon
2026-2027 Extension (CURRENT)
Alexander Albon signed a 2 year contract with the Williams. In 2026, Albon will earn a base salary of $12,000,000, while carrying a cap hit of $12,000,000.
Contract Terms:
2 yr(s)
Signing Bonus:
N/A
Free Agent:
2028
| Year | Age | Status | Cap HitAnnual | Cash Annual | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2026 |
|
29 | $12,000,000 | $12,000,000 | $12,000,000 | |
| 2027 |
|
30 |
Estimate
|
$12,000,000 | $12,000,000 | $24,000,000 |
| 2028 |
|
31 |
| Year | Age | Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2026 |
|
29 | $12,000,000 | $12,000,000 | |
| 2027 |
|
30 |
Estimate
|
$12,000,000 | $12,000,000 |
| 2028 |
|
31 |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | Cash Remaining | |
|---|---|---|---|---|---|---|---|
| 2026 |
|
29 | $12,000,000 | $12,000,000 | $12,000,000 | - | |
| 2027 |
|
30 |
Estimate |
$12,000,000 | $12,000,000 | $24,000,000 | - |
Contract Notes
2026 salary via Racing365
Source:
FORMULA 1 contract specifics generally collected from verified reports.
2023-2025 Extension
Alexander Albon signed a 3 year contract with the Williams, including $23 signing bonus, and .
Contract Terms:
3 yr(s)
Signing Bonus:
$23
| Year | Age | Cap HitAnnual | Cash Annual | Cash Cumulative | |
|---|---|---|---|---|---|
| 2023 |
|
26 | $3,000,000 | $3,000,000 | $3,000,000 |
| 2024 |
|
27 | $3,000,000 | $3,000,000 | $6,000,000 |
| 2025 |
|
28 | $8,000,000 | $8,000,000 | $14,000,000 |
| Year | Age | Base Salary | Cap Hit | |
|---|---|---|---|---|
| 2023 |
|
26 | $3,000,000 | $3,000,000 |
| 2024 |
|
27 | $3,000,000 | $3,000,000 |
| 2025 |
|
28 | $8,000,000 | $8,000,000 |
| Year | Age | Base Salary | Cash Total | Cash Cumulative | Cash Remaining | |
|---|---|---|---|---|---|---|
| 2023 |
|
26 | $3,000,000 | $3,000,000 | $3,000,000 | - |
| 2024 |
|
27 | $3,000,000 | $3,000,000 | $6,000,000 | - |
| 2025 |
|
28 | $8,000,000 | $8,000,000 | $14,000,000 | - |
Source:
FORMULA 1 contract specifics generally collected from verified reports.
2022-2022
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
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2020-2020
Contract Terms:
1 yr(s) / $32,000,000
Average Salary:
$32,000,000
Signing Bonus:
N/A
Free Agent:
2021 / UFA
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2019-2019
Contract Terms:
1 yr(s) / $170,000
Average Salary:
$170,000
Signing Bonus:
N/A
Free Agent:
2020 / UFA
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Seasons
Years
Career Earnings thru 2026
$48,170,000
Earnings w/ Different Teams
3 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2019 | 22 |
|
Active
|
$170,000 |
$170,000 |
|
| 2020 | 23 |
|
Active
|
$32,000,000 |
$32,170,000 |
|
| 2022 | 25 |
|
Active
|
$2,000,000 |
$34,170,000 |
|
| 2023 | 26 |
|
Active
|
$3,000,000 |
$37,170,000 |
|
| 2024 | 27 |
|
Active
|
$3,000,000 |
$40,170,000 |
|
| 2025 | 28 |
|
Active
|
$8,000,000 |
$48,170,000 |
|
| Total |
$48,170,000 |
$48,170,000 |
||||
| 2026 | 29 |
|
Active
|
$12,000,000 |
||
| 2027 | 30 |
|
Active / estimate
|
$12,000,000 |
||
| Total |
$72,170,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|---|---|---|---|
| 1 |
|
$170,000 | - | $170,000 |
| 1 |
|
$32,000,000 | - | $32,000,000 |
| 4 |
|
$16,000,000 | - | $16,000,000 |
| Year | Team(s) | Age | Base | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|
| 2019 |
|
22 |
$170,000
|
$170,000 |
$170,000 |
|
| 2020 |
|
23 |
$32,000,000
|
$32,000,000 |
$32,170,000 |
|
| 2022 |
|
25 |
$2,000,000
|
$2,000,000 |
$34,170,000 |
|
| 2023 |
|
26 |
$3,000,000
|
$3,000,000 |
$37,170,000 |
|
| 2024 |
|
27 |
$3,000,000
|
$3,000,000 |
$40,170,000 |
|
| 2025 |
|
28 |
$8,000,000
|
$8,000,000 |
$48,170,000 |
|
| Total |
$48,170,000 |
$48,170,000 |
$48,170,000 |
|||
| 2026 |
|
29 |
$12,000,000
|
$12,000,000 |
||
| 2027 |
|
30 |
$12,000,000
|
$12,000,000 |
||
| Total |
$72,170,000 |
$72,170,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|---|---|---|---|
| 1 |
|
$170,000 | - | $170,000 |
| 1 |
|
$32,000,000 | - | $32,000,000 |
| 4 |
|
$16,000,000 | - | $16,000,000 |
-
Aug 15, 2024
Signed a 2 year contract extension with Williams (WIL)
-
Aug 03, 2022
Signed a 3 year contract extension with Williams (WIL)
-
Sep 08, 2021
Signed a contract with Williams (WIL)
-
Dec 17, 2020
Signed a contract with Red Bull (RB) as reserve driver
-
Nov 12, 2019
Signed a contract with Red Bull (RB)
-
Aug 12, 2019
Signed a contract with Red Bull (RB)
-
Nov 26, 2018
Signed a contract with Toro Rosso