Know more about Oscar Piastri's earnings and net worth
Oscar Piastri is leading the championship for McLaren in Formula 1 2025 season. Piastri the won the 2025 Saudi Arabian GP at Jeddah to become the first Australian to lead the championship after Mark Webber in 2010. Piastri has been driving with McLaren for three years as of 2025. He made his debut in 2023 and had a strong finish to his season. Piastri was able to score 97 points in the driver’s championship, placing in 9th. His performance in 2023 made him the second-best rookie in Formula 1 after Lewis Hamilton in 2007.
OP fans, we’ve heard you’re Hungary for it…
— QUAD LOCK (@QuadLockCase) July 24, 2024
We cooked up something special, our Quad Lock x OP Limited Edition Vol. 3 Winning in Hungary Case is out now: https://t.co/CAFSnoX6j8 🏆🇭🇺
To celebrate @OscarPiastri’s first Grand Prix win, we’re releasing a Quad Lock x OP custom… pic.twitter.com/TDKpBVfZqJ
The 24-year-old driver from Melbourne, Victoria, Australia has been making rapid progress in his F1 career. Piastri is managed by former Red Bull Racing driver and multiple race-winner in F1, Mark Webber. Oscar Piastri won his first F1 race in 2024.
Since then, he has come a long way ahead in 2025. Piastri fumbled in the Australian GP in 2025 but he was able to make an amazing recovery in the remaining four races. Piastri has won four races in the 2025 F1 season for McLaren. Piastri is easily amongst the favorite drivers to win the F1 championship this season, with a tremendously fast McLaren at his disposal. Piastri is also a recipient of the 2025 Lorenzo Bandini Trophy.
Oscar Piastri has an estimated net worth of $2 million as reported by Celebrity Net Worth as of 2025. The Aussie has earned most of his wealth through race winnings and earnings from his F1 career. Piastri has not reported any details about any other sources of income except motorsports publicly. According to Forbes, Piastri was seventh in the list highest-paid drivers of 2024. He earned a total sum of $24 million in 2024 including his base salary and bonuses.
According to Spotrac, Oscar Piastri earns a base salary of $6 million annually with McLaren in 2025. His current contract with McLaren is going to last until the end of the 2026 season. Piastri has also signed a contract extension with McLaren which will take effect from the 2027 season. He earned his first Formula 1 contract in 2023 with a base salary of $2 million. Piastri also earned an incentive of $6 million that year taking his total earnings in 2023 to $8 million.
BREAKING: McLaren announce multi-year contract extension with Oscar Piastri ✍️#F1 pic.twitter.com/JDOYZ7ul5u
— Formula 1 (@F1) March 11, 2025
In his current contract with McLaren, Piastri is going to earn a total of $18 million in base salary alone in three years. Incidentally, Oscar Piastri was initially supposed to drive for Alpine F1. However, he rejected their contract claiming it was announced without his approval. McLaren were involved in a lawsuit with Alpine but in the end, they managed to snatch Piastri away from Alpine.
Oscar Piastri has not mentioned any sponsors or partners on his official website except Quad Lock. He is also the global brand ambassador for Dubber having joined them in 2023.
Also Read: Saudi Arabian GP Key Takeaways- 5 Winners and 5 Losers from Jeddah!
nhl I work as a Writer at The Playoffs specialising in NHL, Formula 1 and Motorsports. I got into online journalism a couple of years ago. I used to be an intern for a website managing their Formula 1 content and then I served an entire year as a contractual writer.
Read moreFor me, online journalism was not something I expected. I am a Mechanical Engineer aiming to join Formula 1. At the same time, I am a poet, writer and my university’s Literary Club Lead. One day the dots connected together and I realised I could use my writing skills to convey my passion for Motorsports.
The biggest aspects I love about my role are- Scuderia Ferrari and Sebastian Vettel. When I am not fawning over them I like to convey my opinions to the public, in a manner which helps them gain a new point of view. I love helping people explore new ideas about Motorsports and obviously get recognised as a writer all over the world.
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