After helping McLaren to a constructor's championship in 2024, Oscar Piastri was rewarded with a multi-year contract worth nearly $26 million per year, according to Racing News 365. The new deal replaces Piastri's contract that ran through 2026 and was set to pay him over $7 million per season.

In the weeks before the inaugural Las Vegas Grand Prix, back in October of 2023, McLaren CEO Zak Brown looked me square in the eye and made a straightforward declaration about the team’s driver pairing of Lando Norris and Oscar Piastri.

Piastri’s performances last season led to rival teams potentially wanting to make a play to lure him away from McLaren. Naturally, the team’s CEO, Zak Brown, would have been eager to tie the two-time Grand Prix winner down, irrespective of the financial implications.

Oscar Piastri has signed a “multi-year” contract extension with McLaren. The F1 team made the announcement five days before the first race of the new season at Piastri’s home Australian Grand Prix.

Australian racer cites long-term contracts for key McLaren F1 staff among "natural" reasons to stay with the team

Oscar Piastri said Thursday it was a "no-brainer" to commit his long-term future to McLaren while playing down expectations of victory at his home Grand Prix in Australia this week. His teammate Lando Norris has also been tied down long-term,

Oscar Piastri’s new McLaren contract is worth an estimated £20million per season and is set to tie him to the team until the end of the F1 2029 season, it has been claimed. McLaren announced on Wednesday that Piastri has committed his long-term future to the team by signing a new contract ahead of the Australian Grand Prix,