Long-term environmental goals will motivate the automotive industry, component suppliers, and lubricating oil developers to reduce the friction of their tribosystems to improve overall efficiency and wear for increased component lifetime. Nanoscale ceramic particles have been shown to form a protective layer on components’ surface that reduces wear rate with its high hardness and chemical resistance. One such ceramic is yttria (Y2O3), which has an excellent anti-wear effect, but due to its rarity it would be extremely expensive to produce engine lubricant made from it. Therefore, part of the yttria is replaced by zirconia (ZrO2) with similar physical properties. The study presents the result of the experimental tribological investigation of nanosized yttria–zirconia ceramic mixture as an engine lubricant additive. Yttria-stabilized zirconia (YSZ) nanoparticle was used as the basis for the ratio of the ceramic mixture, so that the weight ratio of yttria–zirconia in the resulting mixture was determined to be 11:69. After the evaluation of the ball-on-disc tribological measurements, it can be stated that the optimal concentration was 0.4 wt%, which reduced the wear diameter by 30% and the wear volume by 90% at the same coefficient of friction. High-resolution SEM analysis showed a significant amount of zirconia on the surface, but no yttria was found.