Oscar Piastri Salaries , Net Worth 2023, Contract, Career, How Much Earn Per Year

Oscar Piastri is one of the most promising young drivers in Formula One, having joined McLaren in 2023 after winning the Formula Two championship in 2021. He is also the first Australian driver to race for McLaren since Mark Webber in 2005. But how much does he earn as a Formula One driver? What is his net worth and contract details? How did he start his racing career and what are his hobbies and interests? In this article, we will answer these questions and more about Oscar Piastri’s salary, net worth, contract, earning career, education, and personal life.

Oscar Piastri Salary &  Net worth

Oscar Piastri Salary and Net Worth

Oscar Piastri has an estimated net worth of $5 million as of 2023. This is based on his earnings from his racing career, sponsorships, endorsements, and other sources of income. However, this figure may change depending on his performance and results in Formula One.

As a rookie driver for McLaren, Oscar Piastri is reportedly earning a salary of $500,000 per year. This is considerably lower than some of his fellow drivers, such as Lewis Hamilton ($60 million), Charles Leclerc ($30 million), or Fernando Alonso ($20 million). However, this is still a decent amount for a newcomer to the sport, and Piastri may see his salary increase in the future if he proves himself on the track.

Oscar Piastri also earns money from his personal sponsorships and endorsements. Some of his sponsors include HP Tuners (a company founded by his father), Rodin Cars (a New Zealand-based supercar manufacturer), Alpine Academy (a driver development program run by Alpine F1 Team), and Puma (a sports apparel brand). These deals may provide him with additional income and exposure in the racing world.

Oscar Piastri Contract

Oscar Piastri signed a multi-year contract with McLaren in September 2022, after a legal dispute with Alpine F1 Team over his services. Piastri was part of the Renault Sport Academy (now Alpine Academy) since 2018 and was their reserve driver in 2022. However, he decided to join McLaren instead of Alpine for 2023, citing a better opportunity and fit for his career.

The exact details of Piastri’s contract with McLaren are not publicly known, but it is likely that he has some performance-based clauses and incentives that may affect his salary and bonuses. For example, he may receive extra money for scoring points, podiums, wins, or championships. He may also have some options or extensions that may allow him to stay with McLaren for longer or switch to another team if he wishes.

Oscar Piastri Earning Career

Oscar Piastri started his racing career in remote control cars when he was nine years old. He won the second class world championship in 2010 and then switched to karting in 2011. He competed in various Australian and European karting championships until 2016, when he made his single-seater debut in Formula 4 UAE.

In 2017, Piastri moved to the British F4 championship with Arden Motorsport and finished as the runner-up with six wins and six pole positions. He then graduated to the Formula Renault Eurocup in 2018 with the same team and won the title in 2019 with R-ace GP. He also took part in the post-season test of GP3 Series (now FIA Formula 3) with Trident in 2018.

In 2020, Piastri joined Prema Racing for the FIA Formula 3 championship and won the title in his rookie season with two wins and seven podiums. He also became the Autosport Rookie of the Year for his impressive performance. He then moved up to the FIA Formula 2 championship with Prema Racing in 2021 and won the title again in his rookie season with four wins and nine podiums. He also repeated as the Autosport Rookie of the Year and won the Anthoine Hubert Award for the best rookie driver.

In 2022, Piastri was named as the reserve driver for Alpine F1 Team and took part in several free practice sessions and tests throughout the year. He also became the FIA Rookie of the Year for his achievements across different categories of motorsport. In 2023, Piastri made his Formula One debut with McLaren alongside Lando Norris.

Oscar Piastri Education

Oscar Piastri completed his high school education at Haileybury College in Hertfordshire, UK. He moved to the UK from Australia in 2016 to pursue his racing career and attended Haileybury College as a boarding student. He graduated from Haileybury College in 2019 with excellent grades and received several awards for his academic and sporting achievements.

Oscar Piastri Personal Life

Oscar Piastri was born on April 6, 2001 in Melbourne, Victoria, Australia. His full name is Oscar Jack Piastri. He has Italian ancestry from his parents, who migrated from Italy to Australia. His father, Paul Piastri, is the founder and owner of HP Tuners, a company that provides tuning software and hardware for cars. His mother, Angela Piastri, is a homemaker and a supportive figure in his racing career.

Oscar Piastri is in a relationship with Lily Zneimer, who is also of a similar age. The couple met through mutual friends and have been dating since 2020. They often attend races and events together and support each other on social media. Lily Zneimer is active on Instagram, but her account is private.

Oscar Piastri’s hobbies and interests include wakeboarding, cricket, basketball, and music. He is a fan of the Melbourne Stars cricket team and the Melbourne United basketball team. He also likes to listen to rap and hip hop music, especially Eminem and Drake. He is fluent in English and Italian and can speak some French.


Oscar Piastri is one of the most talented and successful young drivers in Formula One. He has won titles in Formula Renault Eurocup, FIA Formula 3, and FIA Formula 2 in consecutive seasons and has joined McLaren for his debut season in Formula One. He earns a salary of $500,000 per year from McLaren and has a net worth of $5 million as of 2023. He also has personal sponsorships and endorsements from various brands and companies. He completed his high school education at Haileybury College in the UK and is dating Lily Zneimer. He enjoys wakeboarding, cricket, basketball, and music in his spare time.

Most Asked Questions and Answers

Q: How old is Oscar Piastri?

A: Oscar Piastri is 22 years old as of 2023. He was born on April 6, 2001 in Melbourne, Australia.

Q: What team does Oscar Piastri race for in Formula One?

A: Oscar Piastri races for McLaren in Formula One. He joined McLaren in 2023 after winning the Formula Two championship in 2021.

Q: Who is Oscar Piastri’s teammate in Formula One?

A: Oscar Piastri’s teammate in Formula One is Lando Norris, who is also a young British driver. Norris has been racing for McLaren since 2019.

Q: Who is Oscar Piastri’s girlfriend?

A: Oscar Piastri’s girlfriend is Lily Zneimer, who is also of a similar age. The couple met through mutual friends and have been dating since 2022.

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