Oscar Piastri signs contract extension with McLaren ahead of Australian Formula One Grand Prix

Formula 1 champions McLaren have secured Oscar Piastri for the long term after announcing on Wednesday a multi-year contract extension ahead of the 23-year-old driver’s home Australian Grand Prix.

The news followed similar extensions for chief executive Zak Brown, team principal Andrea Stella, Piastri’s teammate Lando Norris and senior staff.

Oscar Piastri has extended his contract with McLaren.Credit: Getty Images

Norris, overall runner-up last season to Red Bull’s four-time world champion Max Verstappen, signed his extension in January 2024.

Winner in Hungary and Azerbaijan last season as McLaren took their first constructors’ title since 1998, Piastri made his debut with the British-based team in 2023 and had a contract that ran until the end of 2026.

“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 [McLaren’s colours],” said Brown in a statement.

“We’ve got the best driver line-up on the grid, and in the past two seasons, we’ve 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.”

First practice for Sunday’s season-opener at Albert Park is on Friday.