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McLaren paid only $15 Million to Daniel Ricciardo to end his contract beyond 2022

Samriddhi Jaiswal
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McLaren F1 to save fund from Daniel Ricciardo's $16 Million Contract to secure Oscar Piastri

McLaren is believed to have paid $6 Million less to Daniel Ricciardo to end his contract with the Woking-based team beyond the 2022 season. 

Daniel Ricciardo will not drive for the McLaren team beyond the 2022 season after a buyout was negotiated between the two.

Initially, Ricciardo had signed with the Woking-based team until the 2023 season. But the Australian driver’s underwhelming performance throughout his stint with the team led to this decision.

Although, the Honey Badger did score McLaren’s first F1 victory since 2012 in Monza last year. But mostly he has been outperformed by his teammate Lando Norris.

As the silly season began, there were already speculations looming around Ricciardo’s departure either from McLaren to some other team or his departure from the sport.

It was reported that only the 33-year-old has the right to revoke his contract with the team before 2023. In case an early departure happens, the team is supposed to pay Ricciardo $21 Million.

Now a report from AP News suggests that even though the Honey Badger was initially seeking $21 Million, the team has paid only $15 Million to end the contract.

Also Read: 8 GP winner Daniel Ricciardo was better suited to the McLaren car, says Lando Norris

Is Daniel Ricciardo to be replaced with Oscar Piastri?

Ricciardo has won only one podium in 2021 and only 19 points this season so far. Meanwhile, his teammate Lando Norris has one podium this season and 76 points.

The 33-year-old Australian has been under the spotlight for quite some time. McLaren’s head Zak Brown acknowledged, in May, that Ricciardo’s seat was shaky. He had said that there were “mechanisms” in which the driver and team could split ahead of the 2023 season.

As the dramatic turn of events took off the 2022 silly season with the Oscar Piastri-Alpine saga, reports claimed that McLaren is eyeing the F2 champion to replace Ricciardo.

Piastri who is currently Alpine’s reserve driver had previously refused to replace Fernando Alonso in the French team. However, McLaren itself has not made any announcements yet about their 2023 lineup.

Meanwhile, Ricciardo will also be free to drive for whoever he wants beyond the 2022 season. It was speculated that he will return to his old team, Alpine(previously known as Renault.) But no announcements have been made about this either.

Also Read: McLaren offered a new job to Daniel Ricciardo in place of his $20 Million a year role in F1

About the author

Samriddhi Jaiswal

Samriddhi Jaiswal

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Samriddhi Jaiswal is an F1 editor and writer at The SportsRush. She started her career as a business journalist but soon found her calling in lights out here we go! Samriddhi has been a Ferrari fan even when her interaction with F1 was occasional. Her first real experience with the thrilling sport came when Charles Leclerc clinched his iconic victory in Spa and Monza and painted the track red. Now, a Tifosi, Samriddhi is a hardcore fan of the prancing horse and can relate to the chaos within the Italian camp and also admires Ayrton Senna and Michael Schumacher. Off the track, she finds her home in books and musical instruments.

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