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.

McLaren secured their first Constructors’ Championship since 1998 a year ago, and the season ended with either Norris or Piastri on the top step of the podium in four of the fin

McLaren CEO Zak Brown has explained why Oscar Piastri was instructed to “hold position” when closing in on Lando Norris at the Australian Grand Prix. After getting by Max Verstappen on Lap 17, Piastri reeled Norris in with a series of fastest laps.

However, when rain arrived at the track on lap 44, both McLaren cars ran wide in the approach to the penultimate corner. Norris gathered it up and retained the lead, but Piastri was forced to take a wider angle into the corner after going deeper into the run-off.

Whilst Lando Norris secured the first win of the year, the Australian Grand Prix will be remembered for McLaren's demand for Oscar Piastri to 'hold his position' against his team-mate, contrasting with Zak Brown's message that his drivers are free to race.

Oscar Piastri is quietly confident he can become the first Aussie driver to win the Australian Formula 1 Grand Prix