After helping McLaren to a constructor's championship in 2024, Oscar Piastri was rewarded with a multi-year contract worth nearly $26 million per year, according to Racing News 365. The new deal replaces Piastri's contract that ran through 2026 and was set to pay him over $7 million per season.

McLaren secured their first Constructors’ Championship since 1998 a year ago, and the season ended with either Norris or Piastri on the top step of the podium in four of the fin

McLaren locked out the front row in Melbourne with Lando Norris taking pole position for the Australian Grand Prix while Oscar Piastri was second quickest in qualifying