Williams have confirmed that Alex Albon will remain with the team for 2023 and beyond.
A post published across Williams' official social media channels stated that Albon had signed a 'multi-year' deal to stay at the Grove squad.
"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," said Albon.
"The team is pushing hard to progress, and I am really motivated to continue this journey and further develop our learnings together."
Williams CEO and Team Principal Jost Capito paid tribute to Albon's performances since signing for the Grove squad.
"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," said Capito.
"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."
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Albon impressing at Williams
Albon joined Williams at the beginning of 2022 after having sat out the previous season following a poor 2020 that ultimately saw him lose his drive at Red Bull to Sergio Perez.
Though Williams are rooted to the bottom of this year's Constructors' Championship, Albon has largely impressed, scoring all three of the team's points so far and regularly outpacing teammate Nicholas Latifi.
There is no official word yet on the identity of Albon's teammate next year, but RacingNews365.com understands that Latifi, who brings substantial backing to the team, is willing to increase his financial offerings in a bid to keep his seat for 2023.
Williams also considering De Vries and Sargeant
Should Williams elect to part company with Latifi, who is in his third season with the team, other names under consideration are thought to include the rookie duo of Nyck de Vries and Logan Sergeant.
Reigning Formula E World Champion de Vries has already had a taste of F1 machinery this year, taking over Albon's Williams during practice for the Spanish Grand Prix, and slotting into Lewis Hamilton's Mercedes in FP1 at Hungary.
The Dutchman also won the 2019 Formula 2 championship – beating Latifi into second place.
Sergeant joined Williams' Driver Academy late last year, and currently lies third in the F2 championship.
The American is due to take part in an F1 Grand Prix weekend for the first time during practice at this year's United States Grand Prix,
F1 is booming in America at the moment, thanks in part to the success of Netflix's Drive to Survive docuseries, and the country is to stage three Grands Prix next year, with a new event around the streets of Las Vegas joining existing races in Miami and Austin.
Sergeant's nationality will likely make him an attractive candidate for a 2023 race seat, especially with the American said to bring strong US-based financial backing.
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