The father of Oscar Piastri has bought up in Lysterfield.
Formula One ace Oscar Piastri’s father Chris has been revealed as the buyer of a glamorous Lysterfield mansion that sold for $3.8m.
Chris, who helped steer Oscar’s career from a Melbourne go-karting prodigy to global motorsport star, purchased the award-winning home late last year.
He also co-founded a company specialising in automotive tuning software and hardware, HP Tuners, that’s headquartered in Illinois, US.
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Chris won the 2024 Pearcey Victorian Entrepreneur Award, presented by the Pearcey Foundation that’s dedicated to raising the profile of the Australian IT and telecommunications industry.
The award recognises an individual who makes a difference and inspires others in the industry.
Following in the footsteps of his car-loving dad, Oscar, 23, has gone on to become one of Australia’s most exciting Formula One talents.
Australian F1 driver Oscar Piastri and his father Chris.
After winning three consecutive junior titles — the Formula Renault Eurocup, FIA Formula 3, and FIA Formula 2 Championships from 2019 to 2021 — he was signed as a reserve driver for Alpine before making headlines with his high-profile move to McLaren in 2023.
In his rookie season, he stunned the grid by finishing on the podium twice, clinching second at the Japanese Grand Prix and third in Qatar — where he also won the Sprint Race, making him the first rookie to do so since 2016.
The grand living and kitchen area in the Piastri property.
One of the home’s bedrooms.
Chris’s Lysterfield property was designed by Louis Chiodo Architects, a Housing Industry Association award-winning studio that’s based in Collingwood.
Set on a landscaped block in the Carrington estate, the residence features a 14m-long travertine-lined pool and spa, outdoor bathroom, sauna and steam room and an entertainer’s wet bar with stacker windows opening to a luxe alfresco lounge.
There’s also a five-car basement garage with a gym space and wine cellar — well suited to a family immersed in the world of high performance.
The petrolhead-fanatic family will have room for a vehicle or two in the big garage.
Inside, 5m-high ceilings, LED-lit architectural features, Italian marble and a triple-shower ensuite with a dressing room deliver serious wow-factor.
The floorplan also includes four bedrooms, four bathrooms, a separate children’s wing, guest suite and a designer kitchen with Miele appliances and butler’s pantry.
Barry Plant Rowville director Chad Warden declined to comment on the buyer, but public records show Chris is the owner.
Mr Warden said demand in the Carrington estate remained exceptionally strong.
2025 Melbourne Grand Prix. Thursday. Drivers arrive at Melbourne Walk for the fans. McLaren driver Oscar Piastri poses with the crowd of supporters. Picture: David Caird
Oscar Piastri in action during the 2025 Australian Grand Prix. (Photo by Clive Mason/Getty Images)
“All homes are selling at the moment — especially in Carrington,” Mr Warden said.
“It’s a tightly held estate, and everything that’s been listed there has sold.”
He said most buyers were local upsizers, drawn to the privacy and lifestyle on offer.
“There are only about 17 to 20 sales a year here,” he said.
“That sense of exclusivity is a big part of what makes it so desirable.”
The Piastri family’s swish new pool.
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