Oscar Piastri has terminated his management agreement with Mark Webber.
Webber had managed Piastri’s career since 2019 which saw him win the Formula Renault EuroCup title, before he went on to win the F3 then F2 titles in the following two seasons as part of Renault’s Academy, which culminated in a move to McLaren in 2023.
Last seasons saw Piastri finish third in the drivers’ standings after having looked set for the title until a late-season dip in form handed the title to teammate, Lando Norris.
“We are proud to have played a pivotal role in the formative years of Oscar’s career and to have placed him in F1 so that he could compete at the front so early on,” commented Webber on the decision to part company with Piastri after the ex F1 driver reduced his involvement earlier this year.
“Following our reduced trackside involvement this season, we have collectively agreed that now is an appropriate time to bring our management agreement to a close. 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.”
Piastri meanwhile thanked Mark and his wife, Ann for their support over the last seven years and wished them well for the future.
“I’d like to thank Mark and Ann for all their support and advice over the years. Their guidance has been invaluable, particularly in navigating the beginning of my F1 career. I wish them all the best going forward.”