Alex Albon Net Worth 2026: Williams Salary, Contract and Career Earnings

Alex Albon’s net worth is about $15 million to $20 million, according to widely reported estimates from PlanetF1 (August 2026, $15 million) and LoveMoney (August 2026, $20 million). No major rich list, such as Forbes or the Sunday Times, has published its own figure for him.

Alex Albon: quick facts

Net worth

$15 Million

Salary / earnings

$8 Million per year

Source of wealth

F1 salary, sponsors

Profession

Formula 1 driver (Williams)

Nationality

British-Thai

Place of birth

London, England, United Kingdom

Date of birth

March 23, 1996 (age 30)

Almost all of that money comes from Formula 1. Albon has raced for Williams since 2022, and his pay has climbed from a rookie-level deal at Toro Rosso to a reported $8 million a year or more in 2026. He also earns from Thai sponsors and has small investments in golf ventures.

His 2026 season has been tough, with Williams near the back of the grid. Even so, the team has kept him on for 2027, which secures another year of top-flight F1 pay.

Alex Albon at a glance

• Net worth: about $15 million to $20 million (widely reported estimates, 2026)
• Born: March 23, 1996, in London, England
• Nationality: British and Thai; he races under the Thai flag
• Profession: Formula 1 driver
• F1 teams: Toro Rosso (2019), Red Bull Racing (2019–2020), Williams (2022–present)
• Reported 2026 salary: about $8 million (PlanetF1); some trackers put it at $12 million
• Best results: two F1 podiums (2020 Tuscan and Bahrain Grands Prix)
• Contract: Williams until at least the end of 2027
• Partner: professional golfer Lily Muni He (engaged January 2026)

His net worth over time is charted at the end of this article.

Where Alex Albon’s money comes from

Source	Details	Estimate
F1 salary	Williams base pay since 2022; Red Bull and Toro Rosso pay before that	Roughly $25–30 million gross across his career (reported)
Bonuses	Points and results bonuses, typical in F1 contracts	Small in recent seasons; not disclosed
Personal sponsors	Red Bull Thailand, Monsoon Valley wine and other Thai brands	Not disclosed
Investments	TMRW Sports (2022) and a stake in a TGL golf team	Not disclosed
Earlier racing	DTM in 2021 with Red Bull-backed Ferrari team	Modest

The career total is our rough sum of reported base salaries, before tax, agent fees and living costs. Albon’s true take-home pay is much lower.

Alex Albon’s salary by year

F1 teams do not publish driver pay. The figures below are reported base salaries from salary trackers and the motorsport press. They exclude bonuses and sponsor income and should be treated as estimates.

Season	Team	Reported base salary
2019	Toro Rosso, then Red Bull Racing	About $500,000
2020	Red Bull Racing	About $2.5 million
2021	Red Bull reserve driver (and DTM)	No F1 race salary
2022	Williams	About $2 million
2023	Williams	About $3 million
2024	Williams	About $3 million
2025	Williams	About $8 million
2026	Williams	About $8 million (PlanetF1) to $12 million (F1salaries.com)

The big jump came with his May 2024 contract extension, signed after he had become the clear team leader at Williams. For comparison, Forbes estimated that his teammate Carlos Sainz earned about $13 million in 2025, including bonuses.

Early life

Alexander Philippe Albon Ansusinha was born on March 23, 1996, in London. His father, Nigel Albon, raced in the British Touring Car Championship and the Porsche Carrera Cup. His mother, Kankamol, is from Thailand. His uncle, Mark Albon, also raced in International Formula 3000.

He grew up in the village of Bures in Suffolk and went to Ipswich School before leaving to race full-time. He has a brother and three sisters.

Albon started karting in 2005, at age eight. A year later he won the British Super 1 Honda Cadet title. In 2008 he joined the Red Bull Junior Team, and in 2010 he won the CIK-FIA World Cup and European titles in the KF3 class.

Junior single-seaters: dropped, then rebuilt

Albon’s first car season, in the 2012 Formula Renault Eurocup, went badly. He scored no points, and Red Bull dropped him at the end of the year.

He rebuilt his career step by step without the backing of a big junior program:

• 2014: third in the Eurocup Formula Renault 2.0
• 2015: seventh in FIA European Formula 3
• 2016: runner-up in GP3 with ART, behind Charles Leclerc, with four wins
• 2017: 10th in Formula 2, despite racing with a broken collarbone early in the year
• 2018: third in Formula 2 with DAMS, behind George Russell and Lando Norris, with four wins

Russell has been a friend since their karting days. All three of that 2018 F2 top three went on to become F1 regulars.

Toro Rosso and Red Bull (2019–2020)

Red Bull brought Albon back for 2019 and gave him a seat at Toro Rosso. He made his F1 debut at the Australian Grand Prix in March 2019, on a rookie-level salary reported at about $500,000.

He impressed so quickly that Red Bull promoted him to its senior team after just 12 races. He replaced Pierre Gasly from the Belgian Grand Prix and partnered Max Verstappen. He finished eighth in the championship with 92 points and won the FIA Rookie of the Year award.

In 2020 he became the first Thai driver to stand on an F1 podium, finishing third at the Tuscan Grand Prix. He added a second podium in Bahrain and finished seventh overall with 105 points.

That was not enough to keep the seat next to Verstappen. Red Bull signed Sergio Pérez for 2021, and Albon was moved to a reserve role. He later said the pressure at Red Bull had left him “destroyed mentally.”

A year out: reserve duty and DTM (2021)

In 2021 Albon worked as Red Bull’s test and reserve driver and helped coach rookie Yuki Tsunoda. He also raced in the German DTM touring car series for a Red Bull-backed Ferrari team.

He won the DTM race at the Nürburgring in August 2021, the first Thai driver to do so. The year kept him race-sharp and visible to F1 teams, which mattered more than the money.

Williams team leader (2022–2025)

Williams signed Albon for 2022 to replace Russell, who had moved to Mercedes. The car was one of the slowest on the grid, but he scored four of the team’s eight points. He missed the Italian Grand Prix that year after appendicitis surgery and a serious complication.

His reputation grew over the next two seasons:

• 2023: 27 points and 13th in the standings, helping Williams to seventh in the constructors’ championship
• 2024: 12 points, including seventh in Azerbaijan, in a weaker car
• 2025: 73 points and eighth in the standings, the best result of any driver outside the top four teams

In 2025 his new teammate was Carlos Sainz, a four-time race winner. Albon outscored him over the season and took four fifth-place finishes, in Australia, Miami, Imola and the Netherlands. His pay rose to a reported $8 million under the extension he signed in May 2024.

The 2026 season

New engine and chassis rules arrived in 2026, and Williams struggled. The team missed the pre-season shakedown in Barcelona, and its FW48 car was overweight for the first races.

Albon’s best result was eighth at Monaco. He added a point for 10th in Miami. After the Mexico City Grand Prix on November 1, he was 19th in the standings with 5 points, and Williams was ninth of 11 teams with 12 points.

Albon has said the new rules removed the high-speed corners where he used to make up the most time. Sainz has had the edge in qualifying, though the race head-to-head has been close.

Despite the results, Williams announced in August 2026 that Albon will stay with the team for 2027. Reports say this came from the terms of his existing deal rather than a new contract, so his pay is expected to stay at a similar level.

Sponsors and business ventures

Albon’s Thai heritage has helped him attract personal sponsors, an important source of income for drivers outside the top teams. His partners have included:

• Red Bull Thailand: stayed as his sponsor when he moved to Williams in 2022
• PTT Lubricants and Moose Cider: Thai brands that joined Toro Rosso with him in 2019
• Monsoon Valley: the Thai wine brand named him an ambassador in 2022

He has also invested in golf. In November 2022 he joined TMRW Sports, the venture founded by Tiger Woods and Rory McIlroy, as an investor, alongside Lewis Hamilton, Norris and Sainz. In 2024 he joined the ownership group of the San Francisco team in TGL, the indoor golf league run by TMRW Sports. The amounts were not disclosed.

Real estate

There are no well-documented property purchases for Albon. Like many F1 drivers, he is widely reported to be based in Monaco, and he spends much of the off-season with his family in England. With no reliable price data, we do not include a property table.

Personal life

Albon has been in a relationship with Chinese professional golfer Lily Muni He, who has played on the LPGA Tour, since 2019. The couple announced their engagement in January 2026, ahead of the new F1 season.

He is a practising Buddhist. His family keeps a large number of animals, including at least twelve cats, a dog and two horses. Albon has also spoken openly about his mental health and working with a psychologist after his time at Red Bull.

Philanthropy

Albon has not set up a foundation, and his charity work is not widely reported. He regularly takes part in fan events in Thailand, where he is one of the country’s best-known athletes.

How Alex Albon compares

Albon sits near the bottom of our ranking of the richest F1 drivers, mainly because his big paydays started only in 2025. Here is how he compares with peers on similar or nearby estimates:

Driver	Team (2026)	Estimated net worth	Main source
Carlos Sainz	Williams	About $50 million	Ferrari and McLaren salaries, four race wins
Pierre Gasly	Alpine	About $33 million	F1 salary, sponsors
Esteban Ocon	Haas	About $21 million	F1 salary at Alpine and Haas
Alex Albon	Williams	About $15–20 million	F1 salary, Thai sponsors
Kimi Antonelli	Mercedes	About $15 million	F1 salary and bonuses

Figures are widely reported estimates from PlanetF1 and LoveMoney, August 2026. Albon is on a similar level to the new world champion, Kimi Antonelli, whose pay is expected to rise sharply. For more sports fortunes, see our athletes net worth section.

Frequently asked questions

How much is Alex Albon worth?

About $15 million to $20 million, based on widely reported 2026 estimates from PlanetF1 and LoveMoney.

How much does Alex Albon earn at Williams?

His 2026 base salary is reported at about $8 million, with some trackers putting it as high as $12 million. Williams does not publish driver pay.

How long is Alex Albon’s Williams contract?

He is confirmed at Williams until at least the end of 2027. The team announced in August 2026 that he will stay for 2027.

Why does Alex Albon race for Thailand?

He holds British and Thai nationality. His mother is Thai, and he races under the Thai flag, which has also helped him win Thai sponsors.

How many podiums does Alex Albon have?

Two. Both came with Red Bull in 2020, at the Tuscan and Bahrain Grands Prix.

Who is Alex Albon engaged to?

Professional golfer Lily Muni He. They have been together since 2019 and announced their engagement in January 2026.

Sources: PlanetF1 (F1 driver net worth, August 2026), LoveMoney (richest F1 drivers, August 2026), F1salaries.com, Forbes (F1 highest-paid drivers, December 2025), Formula1.com, The Race, RaceFans, Bloomberg, Wikipedia. All net worth and salary figures are estimates.