Daniel Ricciardo Net Worth: Is He The Highest-Paid Formula Racer Currently?

Daniel Ricciardo Net Worth: Race car driver Daniel Ricciardo, of Italian and Australian ancestry, is currently competing in Formula One for the McLaren team alongside teammate Lando Norris. Formula One drivers don’t come much more seasoned than Daniel Ricciardo.

Early Life

On July 1, 1989, Daniel Joseph Ricciardo was born to Italian immigrants in Perth, Western Australia. His father, Giuseppe “Joe” Ricciardo, was born in Ficarra (Messina) but moved to Australia when he was seven years old. His racing style has earned him the nickname “the honey badger,” after the animal that is “supposed to be the most fearless animal in the animal kingdom,” as he puts it.

Daniel Ricciardo, a native of Perth, Western Australia, joined the Tiger Kart Club (TKC) when he was nine years old and quickly became a regular competitor in karting events.


The middle of the 2008 season saw Daniel Ricciardo join the SG Formula Formula 3 Euro Series squad and make his Formula Three debut at the Nürburgring.

In order to compete in the 2010 season, Tech 1 signed Daniel Ricciardo on October 30th, 2009. Daniel Ricciardo missed the second test of the 2010 season after a small collision on his mountain bike, but he started on the front row for both races in the season opener in Alcaiz, Spain.

On 1–3 December 2009, Daniel Ricciardo got behind the wheel of a Formula One car for the first time during Red Bull Racing’s three-day young driver’s test at the Circuito de Jerez. On 11 November 2010, it was announced that Ricciardo would be Red Bull Racing’s sole representative at the end-of-season young driver’s test at the Yas Marina Circuit on 16–17 November.

Daniel Ricciardo Net Worth

The news that Daniel Ricciardo had signed a contract to drive for Renault in 2019 and 2020 broke on August 3, 2018. Daniel Ricciardo’s best finish of the year came in the Italian Grand Prix, where he placed fourth. Daniel Ricciardo has been compensated with a $10,000,000 annual pay and a $500,000 performance incentive throughout his time with the Renault F1 team. Renault paid Daniel Ricciardo a good contract, but his departure to McLaren was still a blow to the team’s owners.

Daniel Ricciardo Salary

The Australian driver Daniel Ricciardo has signed a three-year contract with the Formula One team McLaren worth more than $50 million. Daniel Ricciardo is now one of the highest-paid drivers in Formula One history, according to his new contract. Every month, Daniel Ricciardo is paid in full for his work.

McLaren F1 offers Daniel Ricciardo a fixed wage plus a performance bonus based on his results. Daniel Ricciardo’s annual income is contingent on the number of podium finishes he achieves. Also, read about Kevin Liles Net Worth

Daniel Ricciardo & McLaren

Having spent the previous two seasons with the Renault F1 Team, Daniel Ricciardo was brought in to replace Carlos Sainz Jr. at McLaren for the 2021 Formula One World Championship after the latter signed a multi-year contract with Ferrari. Daniel Ricciardo qualified sixth for the second consecutive race, this time in the Emilia Romagna Grand Prix.

Due to a mishap during qualifying, Daniel Ricciardo started the Azerbaijan Grand Prix in 13th place. Despite this, he was able to move up into the points by the end of the race.

After a positive COVID-19 test on 11 March, Daniel Ricciardo was forced to skip the final day of the 2022 pre-season test in Bahrain. Daniel Ricciardo’s isolation is set to end on March 20, just in time for the season opener.

Daniel Ricciardo Net Worth

Daniel Ricciardo Net Worth is estimated to be around $50 Million currently. However, Daniel Ricciardo’s net worth may not increase significantly due to his advanced age and limited racing career. The growth of Daniel Ricciardo’s wealth is predicted to be somewhat slow over the next two years, at just 10%.

Many of Daniel Ricciardo’s brand endorsement deals continue to bring in millions of dollars for him each year.

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