FORMULA 1
Alexander Albon
Alexander Albon
2023-2024 Extension (CURRENT)
Alexander Albon signed a 2 year contract with the Williams, including $23 signing bonus, and . In 2024, Albon will earn a base salary of $3,000,000, while carrying a cap hit of $3,000,000.
Contract Terms:
2 yr(s)
Signing Bonus:
$23
| Year | Age | Option/Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2023 |
|
26 | $3,000,000 | $3,000,000 | |
| 2024 |
|
27 | $3,000,000 | $3,000,000 |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2023 |
|
26 | $3,000,000 | $3,000,000 | $5,000,000 | |
| 2024 |
|
27 | $3,000,000 | $3,000,000 | $6,000,000 |
Contract Notes
- 2023 salary via Racing365
Source:
FORMULA 1 contract specifics generally collected from verified reports.
2022-2022
Alexander Albon signed a 1 year contract with the Williams.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
| Year | Age | Option/Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2022 |
|
25 | $2,000,000 | $2,000,000 |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2022 |
|
25 | $2,000,000 | $2,000,000 | $2,000,000 |
Source:
FORMULA 1 contract specifics generally collected from verified reports.
2020-2020
Alexander Albon signed a 1 year , $32,000,000 contract with the Red Bull Racing, including an average annual salary of $32,000,000.
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
Alexander Albon signed a 1 year , $170,000 contract with the Scuderia Toro Rosso, including an average annual salary of $170,000.
Contract Terms:
1 yr(s) / $170,000
Average Salary:
$170,000
Signing Bonus:
N/A
Free Agent:
2020 / UFA
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Career Earnings thru 2024
$40,170,000
Career Earnings w/ Different Teams
0 team
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 |
|
| Total |
$40,170,000 |
$40,170,000 |
| 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 |
|
| Total |
$40,170,000 |
$40,170,000 |
$40,170,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|
-
Aug 03, 2022
Signed a 2 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
