Oscar Piastri and Mark Webber Mutually Terminate Management Agreement

Oscar Piastri and his management team, led by Mark Webber and Ann Webber, have mutually agreed to terminate their management agreement on the Monday following the Sao Paulo Grand Prix.

Piastri captured the FIA Formula 3 Championship crown the next season before winning the FIA Formula 2 Championship as a rookie in 2021.

After Renault’s rebranded Alpine team squandered the chance to promote him from reserve to a full-time race seat for 2022, and unsuccessfully attempted to place him on loan in a Williams seat for a couple of seasons, Mark Webber opened talks with McLaren. Recognizing that Alpine had mishandled Piastri’s contract management and inadvertently opened an exit path, Webber negotiated an agreement for Piastri to start his Formula 1 career with the British outfit in 2023, filling the seat left vacant by fellow countryman Daniel Ricciardo.

During a career spanning 88 starts, the Australian has accumulated six pole positions and nine wins, earning two podium finishes in his debut year before capturing his maiden Grand Prix victory the following season in Hungary, subsequently mounting a strong championship challenge during his third year with McLaren in 2025 before eventually finishing behind teammate Lando Norris.

Mark Webber took a step back from his regular on-site presence at the start of the 2026 season, moving his and Ann Neal’s role behind the scenes while no longer supporting Piastri trackside. Former race engineer Pedro Matos and mental coach Emma Murray assumed a greater role at track alongside the McLaren driver.

Having previously driven for Red Bull to race victories, Webber provided crucial support close to Piastri during his championship challenge last year as internal pressure mounted at McLaren amidst the rivalry with Lando Norris, with Webber remaining dissatisfied regarding McLaren’s decisions and justifications when Piastri suffered a costly performance decline during the final three months of the season.

In March last year, Piastri’s management secured him a new multi-year deal that runs until the end of the 2028 season, which Webber noted this summer the driver remained happy with despite speculation linking McLaren with a Max Verstappen move and suggestions Piastri may want to leave.

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.

Mark Webber

Webber added that the decision would allow the driver to build on his achievements under a new management structure while he and Ann Webber pursue new ventures.

Expressing satisfaction at having been instrumental in shaping Oscar’s early development and securing him an early Formula 1 seat capable of fighting at the sharp end of the grid, the veteran of nine grand prix victories concluded by wishing him a lengthy and prosperous journey in the sport.

Oscar Piastri and Mark Webber Mutually Terminate Management Agreement
Photo: News.com.au

Piastri expressed gratitude for the guidance that helped launch his career in top-tier motorsport. I’d like to thank Mark and Ann for all their support and advice over the years, the 25-year-old driver stated, adding that their guidance has been invaluable, particularly in navigating the beginning of his F1 career, and wishing them the best going forward.

Appearing on the High Performance Podcast in May, Piastri noted there was nothing specific that triggered the shift, describing the relationship as good and thorough.

Piastri finished sixth at Monday’s Brazilian Grand Prix—where teammate Lando Norris claimed his third win of the season—and currently sits seventh in the standings, trailing teammate Lando Norris by 94 points as he navigates a frustrating campaign with three races remaining in Las Vegas, Qatar, and Abu Dhabi.

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Luis Mendoza - Sport Editor

Senior Editor, Sport Luis is a respected sports journalist with several national writing awards. He covers major leagues, global tournaments, and athlete profiles, blending analysis with captivating storytelling.

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