Oscar Piastri and Webber Management Team Mutually End Agreement

Oscar Piastri management agreement terminated: Oscar Piastri Management agreement terminated: McLaren driver Oscar Piastri and his management team led by Mark and Ann Webber have mutually agreed to end their management agreement, according to a joint statement, with Piastri moving to a new management structure.

Oscar Piastri management agreement terminated, Digi Mart USA News: McLaren driver Oscar Piastri has split from his management team, led by nine-time Grand Prix winner Mark Webber and his partner Ann Webber. A joint statement issued on the Monday after the Sao Paulo Grand Prix said the two sides had “mutually agreed to terminate their management agreement.”

Piastri, who is competing in his fourth season in Formula 1, thanked the Webbers for their support and advice. “Their guidance has been invaluable, particularly in navigating the beginning of my F1 career.

I wish them all the best going forward,” he said.

Mark Webber, a former Red Bull, Williams and Jaguar driver, said the couple were proud to have played a pivotal role in the early years of Piastri’s career and to have placed him in F1 so that he could compete at the front so early on. Following their reduced trackside involvement this season, he said, they had collectively agreed that now was an appropriate time to close the management agreement.

“This will allow Oscar to build on his achievements under a new management structure, and for us to embark on our new ventures. We wish Oscar all the very best for a long and successful career,” Webber said.

The Webbers started working with Piastri in 2019, when the Australian won his first single-seater championship with victory in the Formula Renault Eurocup and secured a spot on the Renault F1 Team’s junior programme. He went on to win the FIA Formula 3 Championship the following season and the FIA Formula 2 Championship in 2021.

Renault’s rebranded Alpine team passed up the chance to promote Piastri from reserve to a full-time race seat, leaving the door open for him to find a seat elsewhere. Mark Webber then opened talks with McLaren and secured a deal for Piastri to make his F1 debut with the British team in 2023, replacing fellow Australian Daniel Ricciardo.

The move proved decisive for his career. Piastri took two podiums in his rookie season and secured his first Grand Prix win the following year in Hungary.

He then launched an impressive title challenge in his third campaign with McLaren in 2025 before ultimately losing out to teammate Lando Norris.

The Webbers had stepped back from a front-line role with Piastri this year, moving from a regular presence at the track to only fleeting appearances. Piastri’s former race engineer at Prema, Pedro Matos, and his mental coach, Emma Murray, have since taken on a greater role at the track as part of the Australian’s close team.

According to the statement, Piastri, who currently sits seventh in the Drivers’ Championship, will operate under a new management structure going forward.

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