Stephen Watson (born February 18, 1974, in Durban, South Africa) is a South African racing driver who tested for the Arrows Formula One team in 1998 to 1999. He also competed in International Formula 3000 for three seasons from 1995 to 1997, but with no notable success.
Watson was founding general manager of A1GP, leaving after three years. He then moved to Gauteng Motorsport Company in South Africa as its founder CEO.