Oscar Piastri Net Worth 2026: McLaren Salary, Bonuses and Career Earnings

Oscar Piastri’s net worth is about $50 million, according to a widely reported estimate cited by PlanetF1 in August 2026. Estimates for the McLaren driver vary a lot, from about $20 million to more than $80 million, because almost all of his big paydays have come in the last two years.

Oscar Piastri: quick facts

Net worth

$50 Million

Salary / earnings

$10 Million per year

Source of wealth

F1 salary and bonuses

Profession

Formula 1 driver (McLaren)

Nationality

Australian

Place of birth

Melbourne, Victoria, Australia

Date of birth

April 6, 2001 (age 25)

The Australian’s income jumped once he started winning races. Forbes estimates he earned $37.5 million on track in 2025, when he won seven Grands Prix and led the championship for much of the year. Only Max Verstappen, Lewis Hamilton and teammate Lando Norris earned more from racing that season.

Piastri is still only 25 and is signed to McLaren through at least 2028. His money comes mostly from salary and performance bonuses, plus a small but growing list of personal sponsors. Unlike some of his rivals, he has no large business empire yet.

Oscar Piastri at a glance

• Net worth: about $50 million (widely reported estimate, PlanetF1, August 2026)
• Born: April 6, 2001, in Melbourne, Victoria, Australia
• Profession: Formula 1 driver
• Team: McLaren (since 2023), contract runs through at least 2028
• Biggest payday: about $37.5 million in 2025 ($10 million salary plus $27.5 million in bonuses, Forbes)
• Career record: 9 Grand Prix wins, all in 2024 and 2025
• Junior titles: Formula Renault Eurocup (2019), FIA Formula 3 (2020), FIA Formula 2 (2021)
• Manager: former F1 driver Mark Webber
• Partner: Lily Zneimer (together since 2018)

Where Oscar Piastri’s money comes from

Source	Details	Estimate
McLaren salary	Base pay under his 2025 contract extension	About $10 million in 2025 (Forbes)
Performance bonuses	Payments for wins, podiums and points	About $27.5 million in 2025 (Forbes)
Personal sponsors	Quad Lock, Grill’d and others	About $3 million in 2025 (Sportico)
Merchandise	Official “OP81” clothing and caps	Not disclosed
Property	Apartment in Monaco	Price not reported

Oscar Piastri’s F1 earnings by year

F1 teams do not publish driver pay. The table below uses Forbes’ annual estimates, which cover salary and on-track bonuses but not sponsors. All figures are before tax and agent fees.

Season	Team	Estimated F1 earnings	Notes
2023	McLaren	Not in Forbes’ top 10	Rookie contract; 9th in standings
2024	McLaren	About $22 million	First two wins; 4th in standings
2025	McLaren	About $37.5 million	$10M salary + $27.5M bonuses; 7 wins; 3rd in standings
2026	McLaren	Forbes figure due December 2026	No wins so far; 7th in standings after Mexico

Sportico, which also counts sponsor income, put his total 2025 earnings at about $38 million, the fourth-highest in F1. Forbes ranked him No. 4 on its list of the highest-paid F1 drivers of 2025.

The biggest jumps in his earnings came at these points:

• 2023: F1 debut with McLaren on a rookie deal
• 2024: first wins and a McLaren constructors’ title, worth about $22 million
• 2025: new long-term contract and seven wins, worth about $37.5 million

Early life

Oscar Jack Piastri was born on April 6, 2001, in Melbourne. He grew up in the bayside suburb of Brighton with his mother, Nicole, his father, Chris, and three younger sisters.

His father founded HP Tuners, a company that makes software for tuning car engines. Chris Piastri also worked as his son’s kart mechanic. HP Tuners went on to back Oscar’s junior career, reportedly with up to A$6.5 million, and it still sponsors him today.

Piastri started out racing radio-controlled cars before moving to go-karts in 2011. He went to Haileybury in Melbourne. At 14 he moved to England on a sports scholarship to board at Haileybury and Imperial Service College in Hertfordshire, so he could race in Europe.

Junior racing career

Piastri moved from karts to single-seater cars after arriving in Europe. In 2017 he finished runner-up in British F4, a sign he could compete with the best young drivers in Europe.

His results then took off. He won the Formula Renault Eurocup in 2019, the FIA Formula 3 title in 2020 and the FIA Formula 2 title in 2021, all with front-running teams. He won F2 at his first attempt, a rare feat.

In 2019, former Red Bull driver Mark Webber, a fellow Australian, began managing him. Webber has guided his career since, including his move into F1. Piastri also joined the Alpine Academy in 2020.

The Alpine contract dispute (2022)

Despite his F2 title, there was no race seat for Piastri in 2022. Alpine made him its reserve driver instead, so he spent the year testing and working in the simulator.

When Fernando Alonso announced in August 2022 that he was leaving Alpine for Aston Martin, Alpine named Piastri as his replacement. Within hours, Piastri publicly said he had not signed a contract with the team and would not drive for it in 2023.

The case went to F1’s Contract Recognition Board. In September 2022 it ruled that Piastri’s only valid contract was with McLaren, which he had signed on July 4, 2022. The decision cleared his path to F1 and became one of the most talked-about driver market stories in years.

McLaren rookie season (2023)

Piastri made his F1 debut at the 2023 Bahrain Grand Prix, replacing fellow Australian Daniel Ricciardo at McLaren. The car was slow early in the year, but the team improved quickly after mid-season upgrades.

He scored his first podium at the Japanese Grand Prix and won the sprint race in Qatar later that year. He finished 9th in the championship with 97 points, a strong rookie season.

McLaren moved fast to keep him. In September 2023 it extended his contract through the end of 2026, before he had even finished his first season.

First wins and a constructors’ title (2024)

2024 was Piastri’s breakthrough year. He won his first Grand Prix in Hungary in July and added a second win in Azerbaijan in September.

He finished 4th in the drivers’ championship with 292 points and eight podiums. His points helped McLaren win the constructors’ championship, its first since 1998. Forbes estimated his earnings that year at about $22 million, more than double what he made as a rookie.

Title fight with Lando Norris (2025)

Just before the 2025 season, McLaren announced a new multi-year contract extension running through at least 2028. The terms were not disclosed. British reports said the deal could pay him up to about £20 million a year with bonuses, putting him level with teammate Lando Norris, though McLaren never confirmed this.

Piastri then had the best season of his career. He won seven Grands Prix (China, Bahrain, Saudi Arabia, Miami, Spain, Belgium and the Netherlands) and took six pole positions. He led the championship for much of the year.

His form dipped in the second half of the season, and Norris overtook him. Norris won the title, while Piastri finished 3rd with 410 points, just 13 behind his teammate. Thanks to all those wins, his bonuses alone came to about $27.5 million, according to Forbes.

A tougher 2026 season

F1’s new 2026 rules shook up the order, and McLaren lost its edge. Piastri failed to start the opening two races in Australia and China. He then finished second in Japan and third in Miami, his only podiums of the year so far.

Mercedes rookie Kimi Antonelli clinched the 2026 title at the Mexico City Grand Prix on November 1. After that race, Piastri was 7th in the standings with 144 points, behind Norris. Four races remain, starting with Brazil on November 8.

A quieter year on track will likely mean smaller bonuses for 2026 than in 2025. His base salary is not affected, and his contract still runs through at least 2028.

Endorsements and sponsors

Piastri’s off-track income is small compared with his F1 pay. Sportico estimated he made about $3 million from sponsors in 2025. His main personal partners include:

• Quad Lock: the Australian phone-mount company became his first personal sponsor in November 2022, before his F1 debut.
• Grill’d: the Australian burger chain has sold a special Oscar Piastri burger around the Australian Grand Prix.
• HP Tuners: his father’s company, which has backed him since his karting days.
• McLaren partners: he appears in campaigns for team sponsors such as Mastercard.

He also sells official “OP81” merchandise, which has been popular in Australia, India, the U.S. and the U.K. Sales figures have not been published.

Real estate

Piastri lived in an apartment near McLaren’s headquarters in Woking, England, during his early F1 years. In 2024 he moved to Monaco, like many F1 drivers.

Property	Year	Reported price
Apartment in Monaco	2024	Not reported

No sale price has been published for his Monaco home. He keeps a low profile, and there are no reports of other property purchases.

Personal life

Piastri has been in a relationship with Lily Zneimer since 2018. The two met at school in England, and she has a degree in engineering.

He is known for his calm, low-key style both on and off the track. Away from racing, he enjoys video games and cooking, and he supports the Richmond AFL club and the Australian cricket team.

Philanthropy

Piastri has not set up a charity foundation of his own. He has taken part in fundraising and community events with his sponsors and with McLaren, but no major personal donations have been publicly reported.

How Oscar Piastri compares

Piastri’s fortune is still small next to the sport’s veterans. Among the drivers who came up at the same time, he sits close to Norris and ahead of George Russell. For the full ranking, see our list of the richest F1 drivers.

Driver	Team (2026)	Estimated net worth	Main source
Charles Leclerc	Ferrari	About $125 million	Ferrari salary, sponsors
Lando Norris	McLaren	About $60 million	McLaren salary and bonuses, sponsors
Oscar Piastri	McLaren	About $50 million	McLaren salary and bonuses
George Russell	Mercedes	About $40 million	Mercedes salary and bonuses
Kimi Antonelli	Mercedes	About $15 million	Mercedes salary and bonuses

All figures are widely reported estimates cited by PlanetF1 in August 2026. For comparison, Lewis Hamilton is worth about $586 million (£435 million), according to the Sunday Times Rich List from May 2026.

A much higher figure also exists. The Australian Financial Review’s Young Rich List estimated Piastri’s wealth at A$122 million (roughly US$80 million) in October 2025, ranking him 56th among Australians under 40. That is more than Forbes estimates he has earned on track in his whole career, so the list may count future contract earnings. We use the more conservative figure. You can find more sports fortunes on our athletes page and in our ranking of the richest athletes in the world.

Frequently asked questions

How much is Oscar Piastri worth?

About $50 million, according to a widely reported estimate cited by PlanetF1 in August 2026. Other estimates range from about $20 million to more than $80 million.

How much does Oscar Piastri earn at McLaren?

Forbes estimates he earned $37.5 million in 2025: a $10 million base salary plus $27.5 million in bonuses.

How long is Oscar Piastri’s McLaren contract?

His contract runs through at least the end of 2028. McLaren announced the extension in March 2025 but did not reveal its value.

Is Oscar Piastri richer than Lando Norris?

No. Norris is estimated at about $60 million, compared with about $50 million for Piastri. Norris also earned more in 2025, about $57.5 million according to Forbes.

How many races has Oscar Piastri won?

Nine Grand Prix wins: two in 2024 (Hungary and Azerbaijan) and seven in 2025. He has not won a race in 2026 so far.

What does Oscar Piastri’s father do?

His father, Chris Piastri, founded HP Tuners, a company that makes engine tuning software. The company backed Oscar’s junior career and still sponsors him.

Sources: PlanetF1 (net worth estimates, August 2026), Forbes (highest-paid F1 drivers 2024 and 2025), Sportico (2025 earnings), Australian Financial Review Young Rich List (October 2025), RacingNews365, Crash.net, Speedcafe, Wikipedia. All net worth figures are estimates.