F1: Oscar Piastri Signs Multi-Year Contract with McLaren, Extends Stay for ‘Long Term’

McLaren has announced a multi-year contract extension for Oscar Piastri ahead of the season-opening Australian Grand Prix in Melbourne. This follows recent extensions for key members, including CEO Zak Brown, team principal Andrea Stella, and teammate Lando Norris. Piastri, originally signed through 2026, has consistently impressed since joining McLaren, solidifying his place within the team. Last season, he secured victories in Hungary and Azerbaijan, finishing fourth overall, while McLaren secured its first constructors’ championship since 1998. While the exact contract duration has not been disclosed, this extension provides stability for Piastri and McLaren as they focus on future seasons. With the team expected to remain competitive in 2025, Piastri is well-positioned to challenge Norris and Red Bull’s Max Verstappen for the title.

What Team McLaren Has to Say

Sharing his thoughts on contract renewal, Piastri said, 'It’s a great feeling knowing that I’m part of McLaren’s long-term vision. The team had 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.'

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Reflecting on Piastri's contract extension, Team Principal Andrea Stella remarked, 'Further extending our partnership with Oscar is a symbol of our belief and trust in him as a driver, as well as a reflection of our shared ambition to continue in our fight for Championships together. It has been a pleasure working with Oscar throughout the past two seasons, and he has continued to prove how impressive he is in terms of his talent, determination, and work ethic as a driver and his contribution to our team and culture as a person. Alongside Lando, we have what we need locked in for the long term to keep pushing forward. I look forward to continuing to watch Oscar grow and develop as a driver and know that many successes lie ahead for him.'

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CEO Zak Brown emphasised Piastri's significant contribution to Mclaren's championship victory and his importance to the team. He said, 'It is fantastic to confirm Oscar’s extension with McLaren. Not only is he an incredibly talented driver, but his work ethic and cultural fit within the team made it a no-brainer to extend his time in papaya. We have got the best driver line-up on the grid, and in the past two seasons, we have seen how much of an asset to the team Oscar is both on and off track. He was absolutely fundamental in adding to our legacy with the 2024 Constructors’ Championship last season, so we’re all excited to see what we can do in the years to come as we continue to fight for World Championships together.'