Oscar Piastri has signed a multi-year deal with McLaren on the eve of the opening race of the new Formula One season. Piastri, 23, who was already under contract until 2026, has now secured his long-term future with the British team.

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.

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

Oscar Piastri said Thursday it was a "no-brainer" to commit his long-term future to McLaren while playing down expectations of victory at his home Grand Prix in Australia this week. His teammate Lando Norris has also been tied down long-term,