Alonso to Remain with Aston Martin Through 2027, Potential Salary Increase Reported

Fernando Alonso is expected to continue his career with Aston Martin through the end of his current contract in 2027, as he recently confirmed his commitment to the British team.

Aston Martin Considering Significant Salary Increase for Alonso

New reports indicate Aston Martin is in negotiations with Alonso for a new agreement potentially involving a salary near $40 million per year.

This would place Alonso among the highest-paid drivers in Formula 1, though still behind figures like Max Verstappen and the two Ferrari drivers, Lewis Hamilton and Charles Leclerc.

Alonso initially joined Aston Martin in 2023, following a successful 2023 season with multiple podium finishes, followed by a disappointing 2024.

His current salary is reported to be around $30 million, according to journalist Marc Limacher from ‘Business / book gp’. This figure is expected to increase as he negotiates a new contract.

Potential Contract Extension Through 2028

If a deal is reached, Alonso would remain with Aston Martin until 2028, effectively ending speculation about a potential retirement. At 45 years old, he remains a valuable asset to the sport.

According to recent reports, Alonso is seeking $40 million per season to extend his contract with Aston Martin through 2027 and 2028. Max Verstappen is currently the highest-paid driver, earning approximately $70 million annually, followed by Lewis Hamilton at $60 million.