Oscar Piastri net worth: How much does he worth?

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Oscar Jack Piastri, a prodigious Australian racer, has cemented his position as a dominant figure in the world of motorsports. Recently, he secured a place as a driver for McLaren in the 2023 Formula One World Championship, following his stint as a reserve driver for Alpine F1 Team and his inclusion in the team’s driver academy. Piastri’s accomplishments in the lower formulae are truly exceptional. 

He claimed the 2019 Formula Renault Eurocup championship with R-ace GP, and then went on to clinch back-to-back championship titles in the 2020 FIA Formula 3 Championship and the 2021 Formula 2 Championship with Prema Racing. His achievements were historic, making him the sixth driver to win the GP2/Formula 2 Championship in their rookie season, and the fifth driver to win the GP3/Formula 3 Championship and the GP2/Formula 2 Championship in consecutive seasons. Piastri’s consistent, impressive performances have earned him the reputation of being one of the most promising young drivers in the motorsports industry.

Piastri’s journey in racing began in Melbourne with remote-controlled cars, before he transitioned to karting in 2011. He turned professional in 2014, competing in various Australian races and championships before moving on to European and other CIK-FIA sanctioned karting championships with Ricky Flynn Motorsport in 2015.

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 Piastri then relocated to the United Kingdom to advance his racing career, ultimately finishing sixth in the 2016 World Championship in Bahrain. In early 2016, he received a significant sponsorship from HP Tuners, his father’s company, which helped fund his racing career, and was prominently displayed on his racing suit and car throughout the GP3 Series, F3, and F2 seasons. Piastri made his single-seater debut in selected rounds of the Formula 4 UAE Championship with Dragon F4 later that year, claiming two podiums and finishing sixth in the championship.

 In 2017, he joined the TRS Arden Junior Racing Team’s lineup for the British F4 championship, where he impressed everyone with six wins and six pole positions, finishing as the runner-up to Jamie Caroline. In September 2022, Red Bull Racing principal Christian Horner revealed that he had missed the opportunity to sign Piastri to their junior team during his Formula 4 years, acknowledging the young driver’s enormous potential.

Read also: Meet Oscar Piastri girlfriend Lily Zneimer

Oscar Piastri net worth, salary, and endorsement deals 

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Oscar Piastri has a net worth of approximately $1.5 million dollars in 2023. His income mainly comes from his successful career as a professional racer, and this figure is set to increase significantly following his move to Formula One. As a driver for McLaren, Piastri is expected to earn an annual salary of $750,000. This amount is likely to rise as he continues to make his mark in the world of motorsports.

Aside from his salary, Piastri has secured multiple brand endorsements. He is currently sponsored by Quad Lock, THG, and HP Tuners, and more endorsements are expected to follow as he continues to establish himself as a prominent figure in the racing world. While Piastri is still relatively new to the sport, his talent, determination, and success have already garnered significant attention from both fans and sponsors alike.


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