Oscar Piastri Net Worth 2025, Endorsements and Salary
Oscar Piastri is an Australian Formula One driver currently racing for McLaren. Over two seasons, he has claimed victory in two Grands Prix, proving himself as a rising star in the sport.
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Born and raised in Melbourne, Piastri's passion for racing started unusually—through radio-controlled cars. By the age of nine, he transitioned to karting, laying the foundation for his future in motorsports. As he climbed the ranks, he secured his first major title in 2019, winning the Formula Renault Eurocup with R-ace GP. Since then, his career has been on a steady upward trajectory, showcasing his talent and determination on the global stage.
Oscar Piastri Net Worth
Oscar Piastri's net worth is estimated to be around $2 million as of 2025. His main source of income comes from his salary and race winnings with McLaren during his Formula 1 career. Beyond his earnings on the track, Piastri has also secured multiple licensing and endorsement deals, further boosting his income.
| Name | Oscar Piastri |
|---|---|
| Net Worth | $2 million |
| F1 Salary | $7.8 million (Base Salary with McLaren) |
| Bonuses | $26.7 million (From race wins, podiums, and performance incentives) |
| Total Earnings | $34.5 million (Salary + Bonuses) |
| Endorsements | FAI Aviation (Brand Ambassador) + Other Sponsorships |
Oscar Piastri Salary and Endorsements
Oscar Piastri's rise in Formula 1 has been nothing short of impressive. In 2024, he earned a base salary of $7.8 million with McLaren, but his success on the track took his earnings to another level. With two Grand Prix wins and eight podium finishes, he racked up an additional $26.7 million in bonuses, bringing his total earnings for the year to a massive $34.5 million.
Beyond his salary and race winnings, Piastri has also built a strong financial portfolio through endorsement deals. In September 2024, he partnered with FAI Aviation as a brand ambassador for the private jet company, adding another lucrative stream to his income. With a combination of talent, sponsorships, and strategic deals, Piastri’s wealth continues to grow as he cements his place in Formula 1.
Oscar Piastri Beginning Career in Karting
Oscar Piastri began his racing journey in an unconventional way—competing in radio-controlled car racing before transitioning to karting at the age of nine. He quickly made a name for himself in Australian karting before moving to Europe to pursue higher levels of competition.
Oscar Piastri Formula Racing Journey
Piastri made his single-seater debut in 2016, competing in the British Formula 4 Championship, where he finished sixth overall. His breakthrough came in 2019 when he won the Formula Renault Eurocup with R-ace GP, securing seven race wins and proving himself as a future motorsport star.
In 2020, Piastri stepped up to Formula 3 with Prema Racing. In a competitive season, he won two races and secured six podiums, clinching the championship in his rookie year. His consistency and ability to perform under pressure made him one of the most promising young drivers in the sport.
Piastri's dominance continued in 2021 when he moved to Formula 2 with Prema Racing. He won six races, secured five pole positions, and claimed the title in his debut season. His back-to-back championships in F3 and F2 put him in elite company and strengthened his case for a Formula 1 seat.
After spending 2022 as a reserve driver for Alpine, Piastri signed with McLaren for the 2023 season, replacing Daniel Ricciardo. He had an impressive rookie year, securing two podium finishes and winning the Qatar Sprint race.In 2024, Piastri took another step forward, securing two Grand Prix victories and eight podiums, further establishing himself as a future title contender.
