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
I’m Todderic Kirkman, a journalist and author for athletistic. I specialize in covering all news related to sports, ranging from basketball to football and everything in between. With over 10 years of experience in the industry, I have become an invaluable asset to my team. My ambition is to bring the most up-to-date information on sports topics around the world.