Piastri’s salary at McLaren will be less than $1 million

Oscar Piastri will make his F1 debut next season, replacing Daniel Ricciardo at McLaren. According to various estimates, Ricciardo’s salary was about $15 million a year, and the Australian will receive about $20 million more from McLaren in compensation for the early termination of the contract.

As the Australian publication Herald Sun discovered, Oscar’s debut season salary will be much more modest than his compatriot’s. If you believe the published information, Piastri’s salary at McLaren in 2023 will be only $750 thousand. At the same time, Herald Sun claims his teammate Lando Norris will receive $32 million from the team next season, putting him in the top three highest-paid Formula 1 racers.

However, Oscar Piastri’s contract is likely to include cash bonuses for achieving certain results and the possibility of salary growth in 2024 upon successful debut season performance.

Source: F1 News

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