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Motorsport Week
Home Single Seater Formula 1

Oscar Piastri and Mark Webber reach termination of F1 management deal

byJack Oliver Smith
27 minutes ago
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Oscar Piastri and Mark Webber reach termination of F1 management deal
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Oscar Piastri has parted ways with his management team, partly led by compatriot and former Formula 1 driver Mark Webber.

Webber, along with his wife Ann Neil, have guided the McLaren man’s career since his junior days, a journey which has culminated in a plum drive with the Woking-based squad.

The former Red Bull and Williams driver has recently been an omnipresent figure in the paddock once again in this capacity, but earlier this year announced he would be stepping back from his hands-on role.

And now it appears that an extra step to mutually agree a termination of their partnership has been taken, leaving Piastri to seek fresh management.

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“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,” Webber said.

“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 spoke of his gratitude to Webber and his wife for being such pivotal figures in his direction towards reaching Formula 1.

“I’d like to thank Mark and Ann for all their support and advice over the years,” the nine-time Grand Prix-winner said.

“Their guidance has been invaluable, particularly in navigating the beginning of my F1 career. I wish them all the best going forward.”

READ MORE – Lando Norris victorious in rainy Sao Paulo GP as Mercedes clinch the Constructors’ title

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