Aston Martin confirmed on 29 September 2026 that Fernando Alonso had signed a new long-term contract and would stay beyond the 2026 season. The team did not disclose the deal’s exact length or salary. Spanish public broadcaster RTVE reports that it runs through the end of 2027; Mundo Deportivo estimates Alonso’s pay at close to €40 million a year, but that figure is not official.
How long is Alonso’s Aston Martin contract?
Aston Martin’s announcement confirms that Alonso will remain with the team beyond the 2026 campaign, but it does not state an exact expiry date. RTVE reported on 29 September 2026 that the extension lasts through the end of the 2027 season. The 2027 endpoint should therefore be treated as a reported term, not a date specified by the team.
Alonso joined Aston Martin for 2023. Formula 1 reported on 11 April 2024 that a multi-year agreement kept him with the team into 2026. The September 2026 announcement confirms a further long-term extension, without publishing its full terms.
What is Fernando Alonso’s Aston Martin salary?
Aston Martin has not disclosed Alonso’s salary. Mundo Deportivo reported on 30 September 2026 that the new figure is believed to be close to €40 million per year. That is a media estimate, not a confirmed salary or a published contract amount.
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The available reporting does not establish whether that estimate refers to guaranteed base pay, includes bonuses, or represents total compensation. It also does not establish the deal’s total value. Alonso’s contract should not be described as worth a specific amount based on the annual estimate alone.
What has Aston Martin confirmed—and what remains private?
- Confirmed by the team: Alonso signed a new long-term contract and will remain beyond 2026. The announcement also confirms the same driver pairing for the team’s 2027 lineup.
- Reported by RTVE: The extension runs through the end of 2027.
- Estimated by Mundo Deportivo: Alonso’s salary is close to €40 million annually.
- Not established publicly: The exact contract expiry date in Aston Martin’s announcement, salary, bonuses, guaranteed value, options, and other specific clauses.
Alonso said in Aston Martin’s announcement: “I’m very happy to sign a new contract with Aston Martin Aramco. I took my time to make this decision, but racing is my life, my passion, and I know I still have the speed and determination to compete at the highest level. I’m committed for the long term with this team and to helping us succeed.” His statement does not disclose financial or contractual terms.
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Alonso’s Aston Martin contract timeline
| Milestone | What was announced or reported |
|---|---|
| 2023 | Alonso joined Aston Martin. |
| 11 April 2024 | Formula 1 reported that a multi-year deal kept him with the team into 2026. |
| 29 September 2026 | Aston Martin announced a new long-term contract that keeps Alonso beyond the 2026 campaign. The team also cited 85 Grands Prix and eight podiums for Aston Martin since he signed in 2023, as of the announcement date. |
| Reported term of new deal | RTVE says the extension runs through the end of the 2027 season; Aston Martin did not give an exact end date. |
Sources
- Aston Martin Aramco Formula One Team announcement, 29 September 2026
- Formula 1 report on Alonso’s 2024 extension, 11 April 2024
- RTVE report on the extension’s reported 2027 term, 29 September 2026
- Mundo Deportivo report on the salary estimate, 30 September 2026
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