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Australian F1 star Oscar Piastri has split with long-time manager and former driver Mark Webber.
The McLaren driver, who has endured a tough season with no podium finishes in 16 races, confirmed the news on Monday, insisting the decision was "mutual".
“Oscar Piastri and his management team, led by Mark and Ann Webber, have mutually agreed to terminate their management agreement,” the statement read.
Webber has been by Piastri's side through his rise in the sport. Their partnership began in 2019 when the Aussie was working his way up the ranks of F3 and F2 before he was named as Alpine's reserve driver in 2022.
Webber was central to orchestrating Piastri's bombshell switch from Alpine to McLaren in 2023, which also ended Daniel Ricciardo's time with the papaya.
“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,” a statement from Mark and his wife Ann 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.”
Thanking the Webbers for their influence, care and leadership, Piastri said: “Their guidance has been invaluable, particularly in navigating the beginning of my F1 career.
“I wish them all the best going forward.”