Alex Albon earns a $12m base salary from Williams in 2026, a 50% rise on the $8m he was paid in 2025. As recently as 2024 he was on $3m, so his base has quadrupled in two seasons.
Williams brought him back to F1 on $2m in 2022 after a year without a race seat. The $12m he’s paid now works out at $522k per Grand Prix and leaves him just $1m behind Carlos Sainz.
Lists Albon's $12m base salary for 2026 in a grid-wide survey that leaves bonuses out.
Base Salary Earned in 2026$9.8m of $12m
82% of the way through 2026
Since this page loaded
BASE SALARY EARNED
$0Prorated Earnings Estimate
POTENTIAL INCOME
$0Prorated Earnings Estimate
CAREER EARNINGS
$28,300,000Prorated Earnings Estimate
These tickers illustrate calculated averages based on annual figures and are not actual payments.
Albon's Bonus and Potential Income
A strong season of regular points and a podium could be worth around $3m in bonuses to Albon, lifting his potential income to $15m. He has five points so far in 2026, though, so this year is running well short of that.
Albon's Earnings Per Month and Per Race
PER MONTH
$1m
PER WEEK
$231k
PER DAY
$33k
PER HOUR
$1,370
Albon’s $12m base breaks down neatly to $1m a month and $522k for each Grand Prix. With the $3m bonus scenario on top, the monthly average rises to $1.25m and the per-race figure to $652k. These numbers only show scale, and they aren’t the dates or amounts Williams actually pays him.
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Names Jacques Heckstall-Smith of Grip Sports Management as the representation behind his career.
Alex Albon Contract Salary and Terms
Albon’s 2026 season falls under the multi-year extension Williams announced on May 15, 2024, which took effect in 2025. Its first two seasons end with this one, and at $8m in 2025 and $12m in 2026 they add up to about $20m in base salary, with bonuses on top.
That multi-year deal is also why the August 2026 news is less new than it looks. Williams presented his 2027 seat as an extension, but reporting since says no new racing contract was signed and the announcement concerned exit clauses already in the 2024 agreement. Either way, he’s staying.
What Albon's 2027 Williams Confirmation Means
The confirmation Williams announced on August 18, 2026 covers 2027, so Albon stays at the team until the end of next year. What changes is his horizon rather than his pay. No new salary has been reported, so 2027 is valued at an unchanged $12m, and he goes into next season as the longer-serving of the two Williams drivers.
Albon lost his Red Bull race seat after 2020 and had to rebuild his earning power at Williams, starting from $2m. The stints below show how each spell changed his pay. Those earnings sit behind his estimated $15m net worth.
2025-2026
Williams
$8m-12m
Paid Like the Team Leader
▾
POTENTIAL INCOME
$8m-15m
AGE
28-29
TEAM
Williams
Williams more than doubled his base to $8m in 2025, and he answered with 73 points, nine more than new teammate Carlos Sainz. His pay rose again to $12m for 2026, a season that has brought five points so far.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2026
29
$12m
$15m
5
19
2025
28
$8m
$8m
73
8
2022-2024
Williams
$2m-3m
Back on the Grid for $2m
▾
POTENTIAL INCOME
$2m-3m
AGE
25-27
TEAM
Williams
Williams signed him on $2m for 2022 and paid $3m in each of the next two seasons. He scored 43 points across those three years, most of the team’s total in cars that rarely reached the top ten.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2024
27
$3m
$3m
12
16
2023
26
$3m
$3m
27
13
2022
25
$2m
$2m
4
19
2021
Red Bull Reserve
$0
A Year Without a Race Seat
▾
POTENTIAL INCOME
$0
AGE
25
TEAM
Red Bull Reserve
Red Bull kept him as reserve after signing Sergio Pérez, so he had no F1 race salary in 2021. He raced in DTM instead and won at the Nürburgring, which kept him sharp for a Williams comeback.
SEASON
AGE
BASE SALARY
POTENTIAL INCOME
POINTS
POS
2021
25
$0
$0
0
2019-2020
Toro Rosso and Red Bull
$500k-2.5m
Promoted After 12 Races
▾
POTENTIAL INCOME
$500k-2.5m
AGE
22-24
TEAM
Toro Rosso and Red Bull
He started on $500k at Toro Rosso and moved up to Red Bull after 12 races of his rookie year. A $2.5m base followed in 2020, when two podiums and 105 points still left him far behind Max Verstappen.
A pre-season survey reporting his $8m base for 2025, with no bonus disclosed.
Albon's Case for a $12m Salary
Albon kept Williams scoring through its leanest recent seasons, and his salary has finally caught up with that work.
The points scorer in lean years. His 43 points from 2022 to 2024 made up most of the team’s total while his teammates rarely scored, as his season-by-season stats show.
Beat a race winner. His 73 points in 2025 put him nine clear of Carlos Sainz, who has four Grand Prix wins.
Top-team experience. Two podiums with Red Bull in 2020 show he has delivered in a front-running car before.
Still cheaper than Sainz. At $12m he costs Williams $1m less than his teammate, and he was on only $3m as recently as 2024.
Continuity for 2027. Williams has confirmed him for next season, which keeps its line-up unchanged while it works on the new rules.
How Albon's Pay Stacks Up Against Sainz
Only $1m separates the Williams drivers. Albon’s $12m base sits just below Carlos Sainz’s $13m, and potential income is $15m against $16m once bonuses are counted. On track he trails 5 points to 7 in 2026, having beaten Sainz 73 to 64 in their first season together.
Williams pays Alex Albon a $12m base salary in 2026, which averages $1m a month. A strong season could add around $3m in bonuses for a potential $15m. His pay has climbed quickly. He earned $3m in 2024 and $8m in 2025 before this year’s jump, and he’s confirmed at Williams for 2027.
Alex Albon makes about $522k per Grand Prix in 2026, which is his $12m Williams base salary spread evenly across the season’s races. If he collects the $3m bonus scenario and reaches $15m, his per-race average climbs to $652k.
Williams doesn’t pay him race by race, so these figures show scale and aren’t actual payments.
Nigel Albon, Alex Albon’s dad, was a racing driver. He drove a Renault 19 in the 1994 British Touring Car Championship, won the Sepang 12 Hours in 2002 and finished second in Porsche Carrera Cup Asia in 2003. He later helped his son look for sponsors in Thailand when money for racing ran short.
Red Bull replaced Alex Albon after a 2020 season in which he finished seventh with 105 points, while teammate Max Verstappen scored 214. The team signed Sergio Pérez for 2021 and kept Albon on as reserve driver. He never raced for Red Bull again and returned to a race seat with Williams in 2022.
Alex Albon is on a multi-year Williams contract announced on May 15, 2024, which took effect in 2025 and pays him $12m in 2026. Williams confirmed in August 2026 that he stays for 2027. The Race reported that no new racing contract was signed, and that the news concerned exit clauses in the existing deal.
Alex Albon’s Williams contract now runs until the end of 2027, after the team confirmed on August 18, 2026 that he stays for next season. Reports say no new deal was signed, because the announcement concerned exit clauses in the multi-year extension he agreed in 2024.
No new salary has been reported, so 2027 is valued at his current $12m.
Williams
