Oscar Piastri
SALARY AND CONTRACT

White McLaren F1 Logo
McLaren
144 PTS
#81
Last Updated: 25 October 2026
$13m
BASE SALARY
30.0%
Joint 8th highest paid on the grid
$40.5m
POTENTIAL INCOME
8.0%
End of 2028
CONTRACT THROUGH
$108m
CAREER EARNINGS
10th highest career pay on the grid
Confirmed for 2027Very High SecurityJoint 8th Highest Paid7th in Points
Verified
Reported
Estimated
Calculated
Base SalaryProjectedUSD
$0$3.58m$7.15m$10.73m$14.3mProjected202320242025202620272028

Sort Columns To Compare Seasons

4 Seasons

Base Salary By Season
2026McLaren
McLaren$13m241447
2025McLaren
McLaren$10m234103
2024McLaren
McLaren$5m222924
2023McLaren
McLaren$3m21979

Oscar Piastri Salary 2026 and His Deal to 2028

Oscar Piastri’s base salary is $13m in 2026, a $3m or 30% rise on last season. It’s gone up every year since his debut and is now more than four times the $3m McLaren paid him as a rookie in 2023.

Even so, Fernando Alonso and Pierre Gasly both have bigger base salaries, and Piastri earns less than half of Lando Norris’s $30m in the same garage. Across 23 Grands Prix his base comes to about $565k a race.

F1 drivers salaries 2026 racingnews365.com

Lists his $13m base for 2026, the figure we use over the $20m quoted by some salary sites.

Formula 1's Highest-Paid Drivers 2025 forbes.com

Puts his 2025 bonuses at $27.5m, which sets the bonus scenario for 2026.

Base Salary Earned in 2026$10.62m of $13m

82% of the way through 2026

Since this page loaded

BASE SALARY EARNED
$0Prorated Earnings Estimate
POTENTIAL INCOME
$0Prorated Earnings Estimate
CAREER EARNINGS
$77,580,000Prorated Earnings Estimate
These tickers illustrate calculated averages based on annual figures and are not actual payments.

The Bonus That Could Triple Piastri's Pay

Bonuses are where Piastri’s biggest money comes from. He earned around $27.5m of them in 2025, and a similar season would lift his potential income to $40.5m, roughly three times his base salary and the sixth-highest figure on the grid. His 2026 season stats put him seventh in the standings on 144 points, and he is still looking for his first win of 2026.

How Much Does Oscar Piastri Make?

PER MONTH
$1.08m
PER WEEK
$250k
PER DAY
$36k
PER HOUR
$1,484

Oscar Piastri’s $13m base works out to about $1.08m a month, $250k a week and $36k a day. The $27.5m bonus scenario pushes that to $3.38m a month and $1.76m per race. McLaren’s real payments won’t follow these tidy averages, so treat them as a guide to scale only.

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Insider · Issue 23

01 · The Last Race

Singapore by Salary

Pos

Driver

Pts

Salary

1

Max Verstappen

Red Bull

25

$70m

2

Charles Leclerc

Ferrari

18

$34m

3

Kimi Antonelli

Mercedes

15

$3.4m

4

Lando Norris

McLaren

12

$30m

5

Oscar Piastri

McLaren

10

$13m

6

Insider+

7

Insider+

Our Take · Insider+

What Each Point Now Costs Red Bull

McLaren Contract

3 years

Announced 20 Sep 2023
Status
Extension
Base Salary
$13m
Potential Income
$40.5m
Starts
2024
Ends
End of 2026
Duration
3 years
Est. Contract Value
$28m
McLaren Contract

2 years

Announced 11 Mar 2025
Status
Extension
Starts
2027
Ends
End of 2028
Duration
2 years
Est. Contract Value
$26m
2027 Salary
$13m
2028 Salary
$13m
Essentials

Oscar Piastri

Age 25
Driver
Oscar Piastri
Team
McLaren
Number
#81
Nationality
Australian
Age
25
Manager
Mark Webber and Ann Neal / JAM Sports Management
Results

144 Points

2026 Season
F1 Debut
2023
Grand Prix Starts
86
Wins
9
Podiums
28
Pole Positions
6
World Titles
0
Career Points
943
Full career stats

F1 driver contracts from Max Verstappen to Lewis Hamilton formula1.com

Formula 1's guide to driver contracts, used to check how long Piastri is tied to McLaren.

McLaren Formula 1 Team announce multi-year contract extension with Oscar Piastri mclaren.com

McLaren's March 2025 announcement of a multi-year extension, which doesn't reveal his pay or end date.

Don't expect new Oscar Piastri deal after Lando Norris' extension: "I'm good for now" motorsport.com

Piastri's comments after Norris renewed in 2026, explaining why he wasn't expecting a new deal of his own.

F1 driver contracts: How long is each driver tied down for? motorsport.com

Reports that his contract runs to the end of 2028, checked on September 24, 2026.

Report Oscar Piastri's new McLaren deal tops $25M annually reuters.com

Repeats RacingNews365's claim of more than $25m a year, so it isn't an independent Reuters report.

Piastri set for bumper McLaren pay rise worth millions report racingnews365.com

Relays a Daily Mail report of up to £20m ($26.5m) a year with bonus clauses, which conflicts with the later $13m base.

Oscar Piastri - F1 Driver for McLaren formula1.com

Official biography and career statistics behind his wins, podiums, poles and points.

Managers of Formula 1: The people who let drivers focus on racing gpblog.com

Names Mark Webber and Ann Neal of JAM Sports Management as the people who manage him.

The McLaren Contract Covering Piastri's 2026 Season

Piastri is racing 2026 on the contract McLaren announced on September 20, 2023, late in his rookie season. It covers three years from 2024 to the end of 2026, and his base rose from $5m to $10m and then $13m along the way, $28m in total.

Bonuses have mattered more than the salary, with $17m added in 2024 and $27.5m in 2025. Before that deal was even halfway through, McLaren had announced a multi-year extension in March 2025 that keeps him at the team beyond this season.

Piastri's Extension to the End of 2028

McLaren confirmed a multi-year extension on March 11, 2025. Reports say it runs to the end of 2028, which adds 2027 and 2028 to his current deal and would be worth around $26m in base salary if his $13m carries over.

The new terms may also have lifted his pay before 2027, since his base rose in 2025 and again this year.

Contract Length
Driver
2026
2027
2028
2029
2030
Until

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Piastri's Pay Rise Season by Season

Piastri reached F1 after a year as Alpine’s reserve driver, and his McLaren pay has grown from $8m in 2023 to $37.5m in 2025. The stints below show how each step came about. Those earnings sit behind his estimated $50m net worth.

2025-2026

McLaren

$10m-13m
The $27.5m Bonus Season
▾
POTENTIAL INCOME
$37.5m-40.5m
AGE
23-24
TEAM

McLaren

A $10m base in 2025 came with $27.5m in bonuses as he scored 410 points, just 13 behind Norris. His base rose again to $13m in 2026, the season after McLaren extended his deal to 2028.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2026

24

$13m

$40.5m

144

7

2025

23

$10m

$37.5m

410

3

2023-2024

McLaren

$3m-5m
Winning in His Second Season
▾
POTENTIAL INCOME
$8m-22m
AGE
21-22
TEAM

McLaren

McLaren paid him a $3m base as a rookie, and podiums in Japan and Qatar helped earn $5m in bonuses. Wins in Hungary and Azerbaijan in 2024 took those bonuses to $17m on a $5m base.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2024

22

$5m

$22m

292

4

2023

21

$3m

$8m

97

9

2022

Alpine

No F1 salary
Caught Between Two Teams
▾
POTENTIAL INCOME
No F1 salary
AGE
TEAM

Alpine

The reigning F2 champion spent 2022 as Alpine’s reserve without a race seat. When Alpine announced him for 2023, he said he hadn’t signed, and the Contract Recognition Board ruled that his McLaren contract was the valid one.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

Formula 1's Highest-Paid Drivers 2023 forbes.com

Splits his rookie season into a $3m salary and a $5m bonus.

Formula 1's Highest-Paid Drivers 2024 forbes.com

Estimates a $5m salary and $17m in bonuses for the year of his first Grand Prix wins.

Formula 1's Highest-Paid Drivers 2025 forbes.com

Puts his 2025 pay at a $10m salary and $27.5m in bonuses.

Why McLaren Tied Piastri Down to 2028

McLaren pays Piastri a relatively low base and rewards him through bonuses, and his record since 2023 explains why the team has extended his deal to 2028.

  • Junior titles in a row. He won Formula Renault Eurocup, F3 and F2 in consecutive years from 2019 to 2021, then won a Grand Prix in his second F1 season.
  • Results on a modest base. Nine wins and 28 podiums from 85 starts have come while earning less than half of Norris’s salary.
  • Pay tied to performance. His $27.5m bonus in 2025 was nearly three times his $10m base, so McLaren pays most when he delivers.
  • A driver McLaren fought for. The team won the 2022 contract dispute with Alpine to sign him and has extended his deal twice since, in 2023 and 2025.
  • Webber in his corner. Mark Webber manages him with Ann Neal, so a nine-time Grand Prix winner handles his negotiations with McLaren.

Piastri's Earnings Next to Lando Norris

Lando Norris earns $30m in base salary, $17m more than Piastri. Once both bonus scenarios are counted the gap widens to $29m, at $69.5m against $40.5m. Norris also leads the 2026 points 211 to 144, a big swing from last season when only 13 points separated them.

$13m$30mBase Salary+$17m
$40.5m$69.5mPotential Income+$29m
$27.5m$39.5mPotential Bonus+$12m
$108m$199.5mCareer Earnings+$91.5m
1442112026 Points+67
Both drivers race the same car, so pay differences come down to standing, results and contract timing.

Oscar Piastri’s Pay Compared to Other F1 Drivers

The drivers paid either side of Piastri, and the teammate sitting well above him.

Common Questions About Oscar Piastri's Money

McLaren has Oscar Piastri under contract until the end of 2028, according to reports on the multi-year extension it announced on March 11, 2025. That deal added 2027 and 2028 to the contract he signed in September 2023, which covers him through this season. The team itself has never published the end date.

No release clause or buyout figure for Oscar Piastri has been made public, so there’s no known way out of his McLaren deal before 2028. He hasn’t shown any interest in leaving either. When Norris signed his new contract in August 2026, Piastri said he was “good for now” with his own.

Oscar Piastri’s current McLaren contract is worth $28m in base salary across 2024 to 2026, with his pay rising from $5m in the first year to $13m now. His extension adds 2027 and 2028 and would be worth around $26m more if the $13m carries over.

Bonuses come on top, and they reached $27.5m in 2025.

In 2026, Oscar Piastri is on a $13m base salary from McLaren, up from $10m last year. If his bonuses match the $27.5m he earned in 2025, his total for the season could reach $40.5m. Averaged across the year, his base comes to about $1.08m a month.

Oscar Piastri makes about $565k per race from his $13m McLaren base salary in 2026. If his bonuses match the $27.5m he earned in 2025, his per-race average rises to $1.76m.

McLaren’s real payments won’t follow these tidy averages, so treat them as a guide to scale.

Yes, Lando Norris earns far more than Oscar Piastri, with a $30m base salary against $13m in 2026. Including bonus scenarios, the gap is $69.5m to $40.5m. Norris is also signed to 2030 on a deal reported at up to £30m ($39.8m) a season, while Piastri’s contract runs to 2028.

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Figures are estimates unless labeled Verified. Sources and review dates sit with the figures they support.
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