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Daniel Ricciardo net worth 2024 | salary, sponsors & more

Former RB F1 driver Daniel Ricciardo is one of the most popular drivers on the grid, and the Aussie signed a multi million dollar contract. But how much does Ricciardo earn?

Ricciardo Bahrein © McLaren

Daniel Ricciardo begins a new chapter in his Formula 1 career with McLaren in 2021, after a disappointing spell with Renault. The Australian is still regarded as one of the best drivers on the current F1 grid despite his last win coming at the 2018 Monaco Grand Prix, nearly three years ago.

His Monaco victory remains the most memorable moment of his career so far after he endured heartbreak two years earlier when the team threw away a certain win by not having tyres ready when Ricciardo pitted.

He lost out to Lewis Hamilton on that day but got his redemption in 2018, putting in a superb drive while nursing a power unit issue and holding off Ferrari's Sebastian Vettel to cross the line in first on the streets of Monte Carlo.

How much money does Daniel Ricciardo earn?

RacingNews365.com has learned from sources based within the Formula 1 paddock that Ricciardo will earn an annual salary of $7 million at RB. This figure excludes driver performance bonuses and personal sponsors.

How much does Daniel Ricciardo make?

In 2020, Ricciardo was 48th on the list of highest paid athletes in the world by Forbes. He earned approximately $27m from his salary at Renault with $2m through endorsement.

How much do the F1 drivers earn in 2024? Find out all F1 driver salaries for 2024 here.

What is Daniel Ricciardo's net worth?

Those dramatic victories with Red Bull are the highlights of his career that has seen him gain a net worth of $50m in 2024.

In 2021, Ricciardo introduced his own wine range called the DR3, partnering iconic wine brand St Hugo. He has been sponsored by Go Pro, OKX, Optus, Beats by Dre, EA Sports, Thorne, Save the Childeren, Blue Coast and Puma for the majority of his F1 career.

When did Daniel Ricciardo win his first race?

The 2014 season saw Ricciardo's stock rise substantially when he became the only non-Mercedes driver to win a race that year in his Red Bull. The Australian took three victories in 2014, including his maiden win in a dramatic Canadian Grand Prix.

He capitalised on problems for Mercedes drivers Lewis Hamilton and Nico Rosberg to overtake the latter with just three laps to go in dramatic circumstances. From that day in Montreal, everyone knew about the smiling Aussie driver.

			© Getty Images/Red Bull Contentpool
	© Getty Images/Red Bull Contentpool

Daniel Ricciardo and overtaking

Since 2014, Ricciardo has become well-known for his incredible overtakes which sees him dart to the inside and outbrake his rival into the corner.

His win in Hungary 2014, when he overtook Hamilton and Fernando Alonso within the remaining four laps of the race, was one of the first instances of his vintage late-braking manoeuvres.

Whenever Ricciardo is victorious it always seems to be a classic race and the 2018 Chinese Grand Prix is another example of a spectacular drive.

On fresh tyres, Ricciardo overtook Kimi Raikkonen, Hamilton, teammate Max Verstappen, Sebastian Vettel and Valtteri Bottas to go from sixth into the lead following a safety car restart.

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