Bahrain’s sovereign wealth fund Mumtalakat Holding Company owned McLaren took a one-two win at the Hungaroring. Oscar Piastri, took his debut Formula One victory, with teammate, Lando Norris, forced to concede a potential win placing second. British driver Lewis ­Hamilton, fresh off a record ninth win at Silverstone finished third.

The race, only the 35th for Piastri, had all but belonged to the 23-year-old from Melbourne, who had taken the lead from second on the grid behind Norris on the opening lap. But when McLaren later pitted ­Norris before his teammate, to cover off Lewis ­Hamilton, it gave the British driver the lead – with the expectation he would then hand the place back to Piastri.

Commenting on the occasion, Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of Mumtalakat said: “McLaren has continued to push the boundaries of innovation and performance, embodying the spirit of excellence. The victory reflects the hard work and determination of the whole team at McLaren”.