Oscar Piastri’s Net Worth, Awards, Endorsements, Achievements, Contracts, Career Life, and Timeline
Net Worth
As of 2024, Oscar Piastri’s net worth is estimated to be around $4 million. This includes his earnings from his racing career, endorsements, and other ventures.
Awards
Oscar Piastri has received several prestigious awards throughout his career:
- FIA Rookie of the Year: 2021, 2023
- Also Anthoine Hubert Award: 2021
- Autosport Rookie of the Year: 2020, 2021, 2023
- BRDC Bruce McLaren Trophy: 2023
Endorsements
Piastri has secured multiple endorsement deals, enhancing his visibility and income:
- Quad Lock: An Australian lifestyle company2
- Also Dubber: A cloud-based call-recording software firm2
- HP Tuners: A US-based automotive software company owned by his father2
- Flash Diesel6
- Also VCM Performance6
- Melbourne Malibu6
Achievements
Oscar Piastri’s achievements in motorsport are remarkable:
- Formula Renault Eurocup Champion: 20193
- FIA Formula 3 Champion: 20203
- Also FIA Formula 2 Champion: 20213
- First Career Formula One Win: 2024 Hungarian Grand Prix7
- Also First Career Podium in Formula One: 2023 Japanese Grand Prix3
- Only driver to win Formula Renault, Formula Three, and Formula Two championships in successive seasons3
Contracts
Oscar Piastri signed a multi-year contract extension with McLaren in 2023, which will also keep him with the team until at least the end of 20268. His current contract includes a base salary of $6 million per year.
Career Life
Oscar Jack Piastri’s journey in motorsport began in 2011 when he started karting in Australia. His natural talent quickly became evident, and he soon moved to Europe to compete in international karting events. This early exposure to competitive racing laid the foundation for his future success.
Transition to Single-Seaters
In 2016, Piastri transitioned to single-seater racing, also joining the Formula 4 UAE Championship. His debut season saw him finish sixth overall, showcasing his potential. The following year, he competed in the British F4 Championship with Arden, where he secured six wins and finished second in the championship standings.
Formula Renault Eurocup
Piastri’s career took a significant leap forward in 2018 when he joined the Formula Renault Eurocup. After a solid debut season, he dominated the 2019 championship, winning seven races and clinching the title. This success marked him as a rising star in the motorsport world.
FIA Formula 3 Championship
In 2020, Piastri joined Prema Racing to compete in the FIA Formula 3 Championship. Despite being a rookie, he won two races and consistently finished on the podium, ultimately winning the championship. His impressive performance in Formula 3 further solidified his reputation as one of the most promising young drivers.
FIA Formula 2 Championship
Piastri continued his upward trajectory by moving to the FIA Formula 2 Championship in 2021, again with Prema Racing. He had an outstanding season, also winning six races and securing the championship title. His back-to-back titles in Formula 3 and Formula 2 highlighted his exceptional talent and readiness for Formula One.
Formula One Journey
Oscar Piastri’s success in the junior categories caught the attention of the Formula One community. He joined the Alpine Academy in 2020 and also served as a reserve driver for the Alpine F1 Team in 2022. Also In 2023, he made his Formula One debut with McLaren. Despite being a rookie, Piastri quickly adapted to the demands of the sport, achieving his first podium finish at the Japanese Grand Prix.
Timeline
- 2011: Began karting career in Australia.
- 2016: Transitioned to single-seater racing, competing in the Formula 4 UAE Championship.
- Also in 2017: Competed in the British F4 Championship, finishing as runner-up.
- 2018: Entered the Formula Renault Eurocup.
- Also in 2019: Won the Formula Renault Eurocup with R-ace GP.
- 2020: Won the FIA Formula 3 Championship with Prema Racing.
- 2021: Won the FIA Formula 2 Championship with Prema Racing.
- Also in 2022: Served as a reserve driver for Alpine F1 Team.
- 2023: Made Formula One debut with McLaren, achieving his first podium at the Japanese Grand Prix3.
- 2024: Secured his first Formula One win at the Hungarian Grand Prix7.