Oscar Piastri has rapidly emerged as one of the most promising talents in the world of Formula One. As of 2024, the 22-year-old Australian driver has already made a significant impact in motorsport, both on and off the track. With numerous achievements, a growing fan base, and lucrative endorsement deals, Piastri’s net worth reflects his swift ascent through the racing ranks. According to recent estimates, Oscar Piastri’s net worth in 2024 is approximately $4 million.
Early Life and Racing Roots
Born on April 6, 2001, in Melbourne, Australia, Oscar Jack Piastri was raised in Brighton by his parents, Chris and Nicole Piastri. From an early age, Oscar showed a passion for racing. His father, who owns HP Tuners, a diagnostics automotive software company, supported his journey by initially serving as his mechanic. Oscar also has three sisters, although he keeps details about his family life largely private.
Piastri attended Haileybury College Melbourne and later boarded at Haileybury and Imperial Service College in England on a sports scholarship. With roots tracing back to Italian, Yugoslavian, and Chinese heritage, Oscar brings a rich cultural background to his rising career.
Career Milestones: From Karting to Formula One
Oscar Piastri began his journey in karting, later progressing into single-seater racing in 2016 with the Formula 4 UAE Championship, where he secured two podiums. In 2017, he claimed six wins and six poles in the F4 British Championship, finishing 2nd overall with 376.5 points.
His 2019 season in the Formula Renault Eurocup was a game-changer. Racing with R-ace GP, he won seven races, clinched five poles, and captured the championship with 320 points. In 2020, he dominated the FIA Formula 3 Championship with Prema Racing, taking home the title with two wins and four fastest laps.
In 2021, Oscar sealed his reputation as a rising superstar by winning the FIA Formula 2 Championship in his rookie season—a feat only a few drivers have achieved. With six wins, five poles, and six fastest laps, he claimed 252.5 points and finished 1st overall.
Formula One: McLaren Breakthrough
Although originally aligned with Alpine as a test driver in 2022, contractual complications opened the door for Oscar to sign with McLaren. He made his Formula One debut in 2023, partnering with Lando Norris. In his rookie year, Oscar participated in 22 races, achieved two podiums, and earned 97 points, finishing 9th overall.
In 2024, he has already competed in two races, adding 16 points to his career tally and climbing to 5th place in the standings. His driving stats are equally impressive:
- 24 Grands Prix
- 2 fastest laps (8.33%)
- 2 podium finishes
- 113 championship points
- 1 lap led, covering 6 kilometers
- 1,292 laps raced over 6,491 kilometers
Salary and Contracts
Oscar Piastri currently earns an annual salary of $750,000 from McLaren. After a stellar rookie season, he signed a contract extension that will keep him with the team until the end of 2026. With consistent performances and increasing value, his earnings are expected to rise significantly.
In 2024, he has already made an estimated $1 million, including performance bonuses and sponsorships. As his market value increases, a salary bump in future seasons appears inevitable.
Endorsements and Business Ventures
Piastri’s off-track earnings are bolstered by several endorsement deals. He is a global ambassador for Quad Lock, a lifestyle brand, and Dubber, a cloud-based communication software firm. He also partners with HP Tuners, his father’s automotive software company.
In addition to endorsements, Piastri operates a merchandise store, which contributes to his growing wealth. These partnerships help diversify his income and align him with leading brands across different industries.
Personal Life
Oscar Piastri is currently dating Lily Zneimer, a relationship he confirmed publicly in early 2022. Zneimer maintains a low profile, and the couple prefers to keep their private life out of the spotlight. Despite this, she is often seen supporting Piastri at Formula One events around the globe.
Awards and Achievements
In just a few short years, Oscar has collected an impressive list of accolades:
- Winner of Formula Renault Eurocup (2019)
- Champion of FIA Formula 3 (2020)
- Champion of FIA Formula 2 (2021)
- First rookie since George Russell to score back-to-back titles in junior categories
- Two podium finishes and two fastest laps in his rookie F1 season (2023)
Real Estate and Lifestyle
Oscar Piastri currently resides in England, close to McLaren’s headquarters. While there is no public information about his personal real estate holdings, he is known to lead a relatively low-key lifestyle compared to other Formula One drivers.
Future Outlook
With a promising F1 career, a growing fanbase, and expanding commercial interests, Oscar Piastri’s net worth is likely to increase rapidly in the coming years. As he continues to establish himself as a leading figure on the Formula One grid, his marketability and salary will naturally follow suit.
For now, with a solid foundation and a clear trajectory toward greater achievements, Oscar Piastri is not only McLaren’s future but also one of Formula One’s brightest stars.
