“A great feeling” - McLaren announces multi-year extension with Oscar Piastri ahead of Australian Grand Prix

Aussie Oscar Piastri has guaranteed his future with McLaren until at least 2028.

“A great feeling” - McLaren announces multi-year extension with Oscar Piastri ahead of Australian Grand Prix
Aussie Oscar Piastri has guaranteed his future with McLaren until at least 2028. (McLaren F1)

MELBOURNE—Aussie driver Oscar Piastri will continue with Formula One World Constructors’ champions McLaren Racing in a multi-year deal.

The terms of the deal were not disclosed, however it is reported to be worth £20m (AU$41m) per year until at least 2028, essentially the same as his British teammate Lando Norris.

The agreement comes on the eve of the 2025 Formula 1 season opener in Melbourne, Piastri’s home town.

“It’s a great feeling knowing that I’m part of McLaren’s long-term vision,” said the Aussie, who finished fourth in the Drivers’ standings last year.

“The team had the belief in me when we signed in 2022, and the journey we’ve gone on over the past two seasons to help return McLaren to the very top of the sport has been incredible.”

“There are so many talented and special people working at the MTC who have helped me to become a Formula 1 race winner very early in my career. Therefore, I’m very proud to be continuing to represent this legendary team for many years to come.

“I’m excited to fight for the big prizes as a McLaren driver and after last year’s fantastic achievements, it has made me even hungrier to stay at the sharp end.”