Williams Racing has announced the retention of Alexander Albon with the team in a new multi-year F1 deal from 2023 onward.

Having joined Williams in 2022 after one year away from F1, Albon has signed a new multi-year agreement with the Grove-based outfit for 2023 and beyond which was announced on Tuesday afternoon amid booming driver market in the last few days.

Since returning to F1 in racing capacity, Albon has done well with Williams driving the new generation of cars. The Red Bull-backed driver has already scored points for the team before his teammate Nicholas Latifi, who has found it difficult this year.

It is unclear if Albon will continue with his Red Bull backing. “It’s really exciting to be staying with Williams Racing for 2023 and I look forward to seeing what we can achieve as a team in the remainder of this season and next year,” he said.

“The team is pushing hard to progress, and I am really motivated to continue this journey and further develop our learnings together.” At the same time, team boss Jost Capito added: “Alex is a tremendous driver and valued member of Williams Racing, so we’re thrilled to be able to confirm we will be working with him on a long-term basis.

“Alex brings a great blend of skill and insightful learnings that will help bring the team greater success in the future. He’s a fierce competitor, has proved a popular and loyal team member and we are delighted that he will provide a stable base for us to continue to develop in this new F1 car era.”

Here’s Logan Sargeant getting FP1 drive with Williams