McLaren have re-signed Oscar Piastri on a new contract extension, two full seasons before his current deal was due to expire.

Piastri has penned a multi-year agreement to stay at McLaren, days before the F1 2025 season-opening Australian Grand Prix, which is his home race. He has been rewarded for his role in McLaren’s constructors' championship win with a new contract. The deal is worth £20m (AU$41m) per year, the Daily Mail report.

Oscar Piastri has got his Australian Grand Prix weekend off to a dream start after a signing multi-year contract extension with McLaren.

It’s a great feeling knowing that I’m part of McLaren’s long-term vision,” Piastri said in a statement. “The team had the belief in me when we signed in 2022, and the

Australian ace Oscar Piastri has landed a multi-year deal with McLaren ahead of F1's season opener, and his home race, in Melbourne.

Formula One champions McLaren have secured Oscar Piastri for the long-term after announcing on Wednesday a multi-year contract extension ahead of the 23-year-old driver's home Australian grand prix.

If Oscar Piastri is seen with an added spring in his step in Melbourne this weekend, it'll be no surprise. The Australian racer, who claimed his first two F1 Grand Prix wins last season as he finished fourth in the F1 Drivers' Championship,

Oscar Piastri has signed a new multi-year contract extension to keep him at McLaren for the foreseeable. We don’t know exactly how long the deal runs for, but McLaren says “the Australian driver will continue in papaya for the long term.