Alex Albon, a Thai-British F1 driver for Williams, is 27 years old, know about his contract, salary and net worth
Albon debuted in Formula One in 2019 as a driver for Toro Rosso. When he first competed in the Eurocup Formula Renault series in 2012, the Thai driver was with the Red Bull Junior squad. After advancing via the Red Bull Junior programme, he began participating in Formula 2. He finished third in the Championship Standings, earning his first Formula One contract.
Alex Albon contract length, salary details and net worth in 2023
After years with Toro Rosso, he joined Red Bull Racing as Max Verstappen’s teammate. Despite spending time with Red Bull, he couldn’t take the pressure of being Verstappen’s teammate. Albon only won one race with Red Bull, however, because of his poor performance, he was demoted to reserve driver. However, he returned to Formula 1 in 2022 with Williams.
Albon has had his breakout throughout the 2023 season, despite starting towards the rear of the grid the majority of the time. So far, his best results with Williams have been a P7 in Canada and a P8 in the British Grand Prix. While Albon is now driving for Williams, the most often-asked question about how much the ex-Red Bull driver is earning remains the same.
Just @alex_albon taking FIVE places on the opening lap 😱
The @WilliamsRacing driver was of to a roaring start!#BelgianGP #F1Insights @awscloud pic.twitter.com/YCvG5Ijb37
— Formula 1 (@F1) July 31, 2023
Contract, salary and net worth
Alex Albon’s earnings have increased since his departure from Red Bull. Albon earns $2.5 million as a driver for Williams. In comparison to his previous pay of $650,000 with Red Bull, he now earns nearly twice as much with his current contract. He also has no concerns regarding his contract for the time being, as he inked a multi-year deal with Williams that begins in 2023. Although he is not among the highest-paid Formula One drivers, he gets compensated for his experience in the sport.
He has a net worth of $3 million in addition to his $2 million salary. While his pay compensates for his self-made money, his endorsements supplement his income.
Endorsements
Alex Albon has promoted numerous businesses throughout his career. CASIO watches were his endorsement during his tenure at Toro Rosso. He also supported Moose Craft Cider and PTT Lubricant, a Thai company. He currently endorses MDM Designs, a motorsports graphic design company. The brand also designed his season-opening helmet for the 2023 Formula One season.
During his time with Red Bull, the energy drink company was his primary sponsor. In addition to his endorsements, he has a home in Monaco. He, like Lando Norris and Max Verstappen, found a place to reside in Monaco.