“I am delighted to sign a new contract with Atlassian Williams Racing, which has felt like home from the moment I walked through the door,” said Vowles.
“This iconic team has already given me some incredible memories, and we are all united in our ambition to build on our legacy and win World Championships again.
“Over the past two years, we have focused on fixing the foundations, and now have a platform to go for glory in the years to come.”
Matthew Savage, chairman of team owners Dorilton Capital, said: “We are thrilled that James has signed a new contract with Atlassian Williams Racing and committed his future to completing the mission that we are on together.
“He has brought experience, energy and strategic leadership to the task of restoring Williams to the top step of the podium. We aren’t there yet, but you can sense the momentum we are building at Grove and are excited about what lies ahead.”
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