Daniel Ricciardo’s salary and net worth March 2024

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Daniel Joseph Ricciardo is an Italian-Australian racing driver who currently drives for McLaren under the Australian flag in Formula One. He’s one of the most popular drivers in F1, with a large following on social media. 

The Australian, also known as the honey badger, earns millions of dollars per year through his salary and sponsorships. Daniel Ricciardo is praised for his skillful driving and his ability to make the most of any car.

Daniel Ricciardo's net worth 2024

$96,000,000

As of March 2024, Daniel Ricciardo’s net worth is $96.000.000. He is one of the richest drivers in Formula One. His wealth comes from his annual salary, winnings, and endorsements.

 

Daniel Ricciardo’s financials

Net Worth$96.000.000
Salary$15.000.000
Investments

$4.800.000

Assets

$20.000.000

Daniel Ricciardo's salary 2024

$15.000.000

Daniels annual salary from his McLaren seat is $15.000.000. This is one of the highest salaries in F1. He also receives a large bonus for every race win and a podium finish.

Table of Contents

Watch this video to learn more about Daniel Ricciardo’s lifestyle.

Daniel Ricciardo Endorsements

The bulk of his F1 career has been sponsored by Go Pro, Beats by Dr. Dre, Blue Coast beers, and Puma. The Australian has also had sponsorship from Throne Sports Nutrition, Optus Telecommunications, and Youfoodz, a food delivery service.

Moreover, Ricciardo also introduced his DR3 wine series in collaboration with the renowned wine company St. Hugo.

Key takeaways

Here are some key aspects of Daniel Ricciardo’s overall wealth:

  • As of March 2024, Daniel Ricciardo’s net worth is $96.000.000.
  • He is one of the wealthiest drivers in Formula One. 
  • His wealth comes from his annual salary, winnings, and endorsements. 
  • Daniels’s annual salary from his McLaren seat is $15.000.000.  
  • The bulk of his F1 career has been sponsored by Go Pro, Beats by Dr. Dre, Blue Coast beers, and Puma. 
  • Ricciardo also introduced his DR3 wine series in collaboration with the renowned wine company St. Hugo.
Daniel Ricciardo salary net worth

Learn more about Daniel Ricciardo

Now that we know about Daniel Ricciardo’s net worth, salary, and endorsements, let’s learn more about the man himself.

Full NameDaniel Joseph Ricciardo
NationalityAustralian
Date of BirthJuly 1st, 1989
Height179 cm
Weight68 kg
Salary$15.000.000

Daniel Ricciardo's Early Life

Daniel Joseph Ricciardo was born in Perth, the fourth-largest city in Australia. His parents were of Italian and Australian descent. He was the son of Giuseppe Ricciardo, who was a former racer. They were middle-class, hardworking people. 

Ricciardo’s first recollections of motorsports were his father competing at Barbagallo Raceway in Wanneroo. Ricciardo grew up in Duncraig, one of Perth’s northern suburbs. He attended Newman College for high school and began karting at the age of nine.

He joined the Western Australia Formula Ford championship in 2005. He drove a 15-year-old Van Diemen and finished seventh towards the end of the season. Having grown up a fan of Dale Earnhardt, Ricciardo chose to race with the number 3 to pay tribute to him. 

Career

Daniel debuted with HRT at the 2011 British Grand Prix. His test drive for Red Bull Racing’s sister team, Scuderia Toro Rosso, was part of a contract between the two organizations. Two wins came his way in his first year.

Ricciardo became a full-time member of Toro Rosso in 2012. The team then changed its driver lineup. In 2012 and 2013, he drove a Ferrari-powered vehicle for them. The Australian athlete was promoted to Red Bull in 2014. It was to replace Mark Webber, who had retired.

Moving to the Renault works team in 2019 brought new challenges for the Perth born driver, which prevented him from becoming Australia’s third world champion after Jack Brabham and Alan Jones; thus, he moved on to McLaren for 2021.

He has teamed up with the tough youngster Lando Norris and has been successful again. Ricciardo will maintain his cheerful demeanor regardless of the outcome.

Highlights

Here are the career highlights of an Australian-born driver:

  • Daniel Ricciardo is an Australian racing driver who competes in Formula One for the McLaren team.
  • He made his debut with HRT at the 2011 British Grand Prix.
  • In 2012 and 2013, he drove a Ferrari-powered vehicle for Toro Rosso.
  • Ricciardo became a full-time member of Red Bull in 2014.  
  • He moved to the Renault works team in 2019.
  • In 2021, he joined McLaren.
  • Ricciardo has achieved seven Grand Prix wins, and 29 podium finishes during his career. 
  • He was named in the Governor General’s 2022 Australia Day Honours List and appointed a Member of the Order of Australia (AM) for “significant service to motorsport as a competitor and ambassador, and to the community”.
  •  

Charity

Daniel also donates a significant portion of his wealth to charitable causes. The most prominent of these endeavors was when he sold off one of his luxury supercars at auction and gave the earnings to a good cause.

Favourite quotes from Daniel Ricciardo

Daniel Ricciardo is known for his fun-loving personality. He is often referred to as “The Honey Badger” because of his tenacious attitude on the track. He is also famous for his post-race celebrations, which have become iconic in the sport.

Here are some of the iconic quotes from the honey badger:

  1. You can’t always win – although we always try!
  2. When you’re young, the temptation is maybe to think, ‘More is more.’ But a lot of the time less is more.
  3. Everything you can learn from is an opportunity to become stronger.

What else does Daniel Ricciardo own?

Cars

Formula One racers want speed both on and off the track, which is why Daniel has amassed an impressive private car collection.

His collection includes some of the iconic cars:

  • Toyota Hilux
  • Porsche 918 Spyder
  • Porsche 911 GT3 RS
  • Ford F-150 Raptor
  • Renault Megane
  • Aston Martin Valkyrie
  • Aston Martin Vantage
  • McLaren 675LT

Houses

Daniel Ricciardo is renowned for his outgoing nature and stylish interests. As part of this lifestyle, the F1 driver owns many beautiful residences across the world. Ricciardo has three residences on three continents, which is a convenient setup given the traveling that his job requires.

Below is a list of Daniel’s homes:

  • The Beverly Hills mansion 
  • Glitzy apartment in Monte Carlo
  • Perth native Daniel Ricciardo

Daniel also donates a significant portion of his wealth to charitable causes. The most prominent of these endeavors was when he sold off one of his luxury supercars at auction and gave the earnings to a good cause.

Frequently asked questions

How much does Daniel Ricciardo earn in a year?

Daniel Ricciardo earns $15 million as an annual salary from McLaren. He also has a number of lucrative sponsorship deals with some of the world's biggest brands. These deals are worth millions of dollars and help to increase his net worth even more.

How rich is Daniel Ricciardo?

Daniel Ricciardo has a net worth of $96 million. This wealth has been accumulated through his successful career as a Formula One driver and from numerous sponsorship deals.

How is Daniel Ricciardo so rich?

Daniel Ricciardo is so rich because of his successful career as a Formula One driver. He has earned millions of dollars in salary and prize money from his racing exploits. Ricciardo has also signed numerous sponsorship deals with some of the world's biggest brands.

Where did Daniel Ricciardo get his money?

Daniel Ricciardo's primary source of income is his salary from McLaren. He also has a number of sponsorship deals that help to increase his net worth.

Is Daniel Ricciardo a billionaire?

No, Daniel Ricciardo is not a billionaire. He has a net worth of $96 million, which is far short of the billion-dollar mark.

Daniel Ricciardo salary and net worth compared to other Formula 1 drivers

If we compare the salaries of Daniel Ricciardo with other Formula 1 drivers, we can see that he is paid very well. He is ranked 5th on the list of highest-paid F1 drivers, with an annual salary of $15 million. This is only behind Lewis Hamilton, Max Verstappen, Fernando Alonso, and Lando Norris. Ricciardo’s salary is on par with Sebastian Vettel, who is also paid $15 million annually.

#Read more about the drivers salary and net worthTeamSalary (USD $)Salary (EUR €)
1Max VerstappenRed Bull$55m€51.67m
2Lewis HamiltonMercedes$35m€32.88m
3Charles LeclercFerrari$24m€22.5m
4Lando NorrisMcLaren$20m€19m
5Carlos SainzFerrari$12m€11.27m
6Sergio PerezRed Bull$10m€9.39m
-Valtteri BottasAlfa Romeo$10m€9.39m
8George RussellMercedes$8m€7.5m
9Esteban OconAlpine$6m€5.63m
10Fernando AlonsoAston Martin$5m€4.69m
-Pierre GaslyAlpine$5m€4.69m
-Kevin MagnussenHaas$5m€4.69m
13Alex AlbonWilliams$3m€2.8m
14Lance StrollAston Martin$2m€1.9m
-Nico HulkenbergHaas$2m€1.9m
-Oscar PiastriMcLaren$2m€1.9m
-Nyck De VriesAlphaTauri$2m€1.9m
-Zhou GuanyuAlfa Romeo$2m€1.9m
19Logan SargeantWilliams$1m€950,00
-Yuki TsunodaAlphaTauri$1m€950,00

Conclusion

So there you have it, everything you need to know about Daniel Ricciardo’s salary and net worth. The Australian driver is one of the richest athletes in the world, with a net worth of $96.000.000. His wealth has been accumulated through his successful career as a Formula One driver and from various sponsorship deals.

Ricciardo is paid very well for his racing exploits, with an annual salary of $15.000.000 from McLaren. He is also ranked 5th on the list of highest-paid F1 drivers. Ricciardo’s net worth is sure to increase even further in the years to come as he continues to enjoy success on the track.

Article sources

Lisette Holm
Lisette Holm
Lisette Holm is a Formula 1 expert who has not missed a single Grand Prix in the last 4 years. She is one of the founders and her job at Formulapedia.com is to educate others who are interested in F1 in order to raise their level of knowledge. Lisette cheers on Mercedes AMG-Petronas.

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