After helping McLaren to a constructor's championship in 2024, Oscar Piastri was rewarded with a multi-year contract worth nearly $26 million per year, according to Racing News 365. The new deal replaces Piastri's contract that ran through 2026 and was set to pay him over $7 million per season.

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WOKING, England — Oscar Piastri has signed a “multi-year” contract extension with McLaren, the F1 team said Tuesday. The announcement came five days before the first race of the new season at Piastri’s home Australian Grand Prix.