Alex Albon signs a multiyear contract extension with Williams

Formula One driver Alex Albon has quelled rumors about his career by agreeing to a multiyear contract extension with Williams.

The F1 team announced the extension on Wednesday, just before the Emilia Romagna Grand Prix this weekend.

The British-born Thai driver, previously rumored to be considering moves to both Red Bull and Mercedes, had an existing contract with Williams through 2025.

Williams confirmed that Albon's new agreement would extend his stay at the team "into the new era of Formula 1 regulations," starting in 2026, but did not provide further specifics.

"I am incredibly happy to be remaining with Williams Racing and to continue working with such a talented and dedicated team of people," Albon commented in a press release.

Currently in his third consecutive season with Williams, 28-year-old Albon has not yet earned any points this season.

“It has been a difficult start to the year but since joining Williams we have made significant progress together and I have seen the huge changes happening behind the scenes to take us back to the front of the grid,” he remarked.

Albon launched his Formula One career in 2019 with Red Bull’s junior team, but was let go by Red Bull in 2020. Last season, Albon earned 27 points, aiding Williams in securing seventh place in the constructors’ championship, marking the team's best performance in six years.

“We are delighted to secure Alex’s long-term future with Williams Racing,” Williams team principal James Vowles stated. “He has exceptional talent, technical input and dedication to the cause and this is a huge vote of confidence in Williams and the journey back to competitiveness that we are on.”

The Emilia Romagna Grand Prix will take place on Sunday.