Oscar Piastri, a fast-rising talent in Formula 1, has quickly become one of the most discussed drivers in motorsports. With a bright future ahead, Piastri has already left a strong impression in the highly competitive world of Formula 1.
This article looks at his net worth, career progress, personal life, and property holdings as of 2025, while answering common questions about his journey to fame.
Oscar Piastri’s Net Worth in 2025
In 2025, Oscar Piastri’s net worth is estimated to be about $10 million. This might appear modest when compared to some of the more experienced drivers in Formula 1, but for someone still early in his F1 career, it’s a noteworthy figure.
Piastri has built his wealth mainly through his work in motorsports, including his Formula 1 salary, sponsorship agreements, and other business opportunities.
After making his Formula 1 debut in 2022 with Alpine, Piastri quickly gained recognition for his outstanding skill and strong work ethic.
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His success in junior racing categories like Formula 2 helped pave the way for his move into Formula 1. Sponsorships, especially with major brands connected to the sport, have added a significant boost to his income.
His switch to McLaren for the 2023 season and his growing role in the sport suggest that Piastri’s earnings will keep rising in the years to come. Formula 1 salaries differ a lot based on a driver’s experience, performance, and the team they race for.
In 2025, Piastri is likely making between $5 million and $7 million a year from McLaren, not including extra money from endorsements and sponsorships.
Even though the exact details of his salary aren’t made public, it’s clear that Piastri is being well paid for his efforts in Formula 1. As he keeps delivering strong performances, his income is expected to go up even more.
Oscar Piastri, a fast-rising talent in Formula 1, has quickly become one of the most discussed drivers in motorsports. With a bright future ahead, Piastri has already left a strong impression in the highly competitive world of Formula 1.
This article looks at his net worth, career progress, personal life, and property holdings as of 2025, while answering common questions about his journey to fame.
Oscar Piastri’s Racing Career: From Karting to Formula 1
Oscar Piastri’s path to Formula 1 has been very impressive. He was born on April 6, 2001, in Melbourne, Australia, and showed a love for motorsport from a young age. He started his racing career in karting, where he quickly stood out. By the time he was 14, Piastri had already won many regional and national karting titles.
His big step forward came when he moved to open-wheel racing. He began racing in the Formula 4 Australian Championship in 2016, where he won several races and became known for his excellent driving.
His strong performances got the attention of racing teams and talent scouts, which helped him make the move to Europe.
In 2019, Piastri raced in the tough Formula Renault Eurocup and ended the season as the champion. He dominated the series and proved he could compete at a high level internationally.
He kept climbing the ranks and moved on to the FIA Formula 3 Championship in 2020. That year, he won the championship again, showing his talent and steady performance.
In the next step of his career, Piastri entered Formula 2 in 2021, which is the last stage before Formula 1. He won the Formula 2 Championship that year in a strong and convincing way, earning his shot at Formula 1.
Thanks to his achievements in the lower series, he was offered a role as a reserve driver with Alpine, and in 2022, he made his Formula 1 debut with the team.
Although Piastri was first expected to stay with Alpine, a surprising switch to McLaren for the 2023 season caused a lot of discussion. Even with the attention around his move, Piastri quickly showed that he was fully ready to race at the highest level.
During his first full season with McLaren, he showed great maturity and talent, performing better than his teammate Lando Norris and earning respect from fans and professionals in the sport.
As of 2025, Piastri’s career is still growing. He has already shown a lot of talent, and many people think he has what it takes to become a world champion. His strong focus on racing and constant effort make it likely that he will keep succeeding in the next few years, which could increase both his income and career opportunities.
Oscar Piastri’s Salary and How Much He Gets Paid
Oscar Piastri’s pay in Formula 1 shows how much value teams see in his skills and potential. While the exact numbers aren’t officially shared, it is believed that he makes between $5 million and $7 million each year as a McLaren driver in 2025.
This total includes his base salary, rewards for good performance, and extra payments for finishing on the podium or earning championship points.
For comparison, some of the top drivers in Formula 1—like Lewis Hamilton, Max Verstappen, and Charles Leclerc—make much higher amounts, with salaries reaching into the tens of millions. Still, Piastri is in the early part of his career and hasn’t yet reached the same level of results or popularity as those drivers.
In addition to his salary, Piastri earns money through valuable sponsorship deals with well-known brands. These partnerships include companies that are strongly connected to motorsports, such as McLaren’s sponsors, clothing brands, and businesses that are interested in being part of the Formula 1 scene.
His image as a young and talented Australian driver has attracted many companies that want to be linked with his growing success.
As Piastri keeps doing well in Formula 1, he will likely get more sponsorship deals, which will increase his earnings. The endorsements and personal brand he is building will help raise his salary as his career continues to develop.
Oscar Piastri’s Family and Parents
Oscar Piastri’s parents have been very important in helping him throughout his racing career. His father, Chris Piastri, works as an aerospace engineer, and his mother, Nicole Piastri, is a teacher.
Both of them have supported Oscar’s love for racing since he was young. With his background in engineering, Chris understands the technical parts of motorsports and has helped Oscar make smart choices during his racing journey.
Oscar’s family has stayed by his side, going to many of his races and offering strong emotional support. The Piastri family clearly values education and working hard—things that Oscar has followed throughout his career.
Oscar has often talked about the sacrifices his family made so that he could chase his dream of being a Formula 1 driver. Their strong support has been a key part of his success.
Even though his parents don’t work in motorsport, they’ve played an important role in helping him grow both as a driver and as a person.
Does Oscar Piastri Have a Wife and Kids?
As of 2025, Oscar Piastri is not married and does not have any children. The 24-year-old driver is currently concentrating on his racing career, and there has been no public information about him being in a serious relationship or starting a family.
Piastri has usually kept his personal life away from the public eye, and most of the attention around him has been about his success in racing rather than his dating life.
Although it’s common for popular drivers to stay quiet about their personal lives, Piastri’s strong focus on racing shows through his dedication to his career. As he moves forward in Formula 1, it seems likely that he will continue to keep his personal life private.
Oscar Piastri’s Real Estate and Lifestyle
Oscar Piastri’s property holdings are still in the beginning stages, but as he earns more, his real estate investments are expected to grow. Since he’s still early in his Formula 1 journey, he hasn’t made any big public purchases of fancy homes or estates.
Still, like many other F1 drivers, Piastri probably owns a few properties, especially in areas linked to his career, such as London or Monaco. These places are popular among drivers because they are close to race locations and have tax benefits. It’s normal for Formula 1 drivers to live in countries with good tax rules, and Monaco is a well-liked place for drivers who want to live in luxury while paying less in taxes.
Oscar Piastri’s Real Estate and Lifestyle
Besides his main homes, it’s possible that Piastri has bought other properties as part of a bigger plan to manage his money. A lot of athletes in his position use real estate to invest for the future and to spread out their income beyond what they earn from their careers.
Piastri’s way of living shows that he is a young and successful professional. He is often seen at F1 events, charity gatherings, and sponsor promotions. Even though he keeps his personal life mostly out of the spotlight, his growing achievements in motorsport may lead to more expensive property purchases and luxury items as his career grows.
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Oscar Piastri is clearly one of the most promising young drivers in Formula 1. From his early days in karting to rising through the junior racing levels, he has shown that he is a strong competitor. With an estimated net worth of $10 million in 2025, the Australian driver is growing his wealth as he moves forward in his career.
Piastri’s Formula 1 salary is thought to be between $5 million and $7 million per year, and he has a lot of room to grow.
As he keeps performing well and signing sponsorship deals, his net worth is expected to rise even more in the future. His family, especially his father, has played an important role in helping him along the way, and his personal life stays quiet as he puts his energy into racing.
As he continues to succeed, Oscar Piastri is expected to leave a strong impact on Formula 1, while growing his money and influence in racing.
