Daniel Ricciardo Is A Millionaire, His Net Worth & Annual Earnings. How much is Formula One driver Daniel Ricciardo’s annual income? Have a close look at Daniel Ricciardo’s luxurious lifestyle, his car collection.
Daniel Ricciardo is a professional Australian senior Formula One driver. He is set to join McLaren Formula One team for the 2021 and 2022 F1 seasons. For the 2019 and 2020 seasons, Daniel drove for the Renault Sport Formula One team. Daniel joined the Renault Sport team in 2019 after a five-year span with Red Bull Formula One team. During his five-year spell with the Red Bull F1 team, Daniel became a Formula One World Champion seven times.
Find out how much money does Daniel Ricciardo will make during his two-year spell with his new F1 team, McLaren.
Net Worth: $50 Million
Date of Birth: July 1, 1989
Profession: Racing Driver
Height: 1.75 m (5 ft 9 in)
F1 Racer Daniel Ricciardo set to Join McLaren team, Contract Details
Daniel Ricciardo is set to join the McLaren F1 team for the 2021 and 2022 F1 seasons. But, this move will not be in Daniel’s best interest. The 31-year Italian-Australian F1 driver will have to take a massive pay cut to join McLaren. You will be shocked to find out how much money this F1 pro is going to lose after he joins McLaren from Renault.
Ricciardo will have to agree to a pay cut of a whopping $25 million per season to leave Renault for his net team, McLaren F1 team. Daniel who earned $42 million per season during his spell at Renault Formula One team will now only make $17 million per season. Daniel’s $17 million earning from McLaren for the 2021 and 2022 season will see his fall in the list of the highest-paid F1 drivers in the world.
Daniel will Earn $17 per season in 2021, still one of the highest-paid drivers?
Ricciardo’s move to McLaren for the 2021 and 2020 seasons from Renault F1 team will see a huge pay cut. Daniel who earned a staggering total of $42 million in 2019 and 2018 with Renault, will now have a base salary of $17 million per season with McLaren. His huge $25 million per season pay cut will see Daniel climb down a few pages in the list of the highest-paid F1 drivers in the world in 2021. In 2019, he only trailed Lewis Hamilton and Sebastian Vettel.
Daniel has a chance to boost his annual earnings at McLaren with championship points and grand Prix victory. He will be awarded $660 thousand if he earns championship points and $1.65 million for a Grand Prix victory. During his two-year spell at Renault F1 team, Daniel didn’t make a single F1 podium. His underwhelming stint with the team saw him locking a new deal with McLaren.
What is Daniel Ricciardo’s Net Worth in 2021?
Daniel Ricciardo is considered to be one of the finest F1 drivers in the world. To be exact, he is regarded as one of the best overtakers in the F1 grid. He made his senior Formula One debut in 2011 and has since enjoyed a great deal of success. Likewise, he has earned good fortune along the way. As of 2021, Daniel Ricciardo has a net worth of $50 million.
He garnered his $50 million net worth through his salary, winning bonuses, and sponsorships. Most of his net worth is a result of his five-year stint with the Red Bull F1 team. He became a seven-time F1 champion during his five-year spell at Red Bull. Though his annual earning is set to decline at a significant rate after he drives for McLaren, still he will be making millions a season.
How Much Daniel Ricciardo Earns From Endorsements?
One of the best ways to add a huge sum of money to the annual salary for sportsmen is sponsorship. Top athletes make similar to their annual wages or even more from endorsement deals. You might know soccer player Cristiano Ronaldo makes more money through his sponsorship deals than from his salary at Juventus. Daniel has a number of top sponsors to his name.
This Italian-Australian Formula One professional enjoys sponsorship deals with Aston Martin, Puma, Blue Coast, Go Pro. His endorsement earnings will clearly add some good money to his $17 million earnings from McLaren. Also, he is backed by carsales.com and Melin.