How much does an F1 driver really earn? When it comes to Daniel Ricciardo net worth, his contracts with teams like Red Bull, Renault, and McLaren have played a massive role in shaping his financial success.
But beyond his racing salary, Ricciardo also earns from sponsorships, endorsements, and investments.
In this deep dive, Pennbook breaks down his wealth, salary, and financial overview to see how he stacks up in the high-stakes world of Formula 1.
Daniel Ricciardo Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Daniel Joseph Ricciardo |
| Popular Name | Daniel Ricciardo |
| Birth Date | July 1, 1989 |
| Age | 35 (as of 03/14/2025) |
| Birthplace | Perth, Western Australia |
| Nationality | Australian |
| Ethnicity | Italian-Australian |
| Education | Newman College |
| Marital Status | Unmarried |
| Spouse | N/A |
| Children | N/A |
| Dating | Heidi Berger |
| Siblings | Michelle Ricciardo (Sister) |
| Parents | Giuseppe Joe Ricciardo, Grace Ricciardo |
| Height | 1.78 meters |
| Net Worth | $50 million |
| Source of Wealth | Formula 1, Sponsorships, Endorsements |
What is the Net Worth Of Daniel Ricciardo in 2025?
As of 2025, Daniel Ricciardo’s net worth is estimated at $50 million.
His wealth comes from a mix of Formula 1 contracts, sponsorships, and business ventures.
Comparing Ricciardo to other Formula 1 drivers, he ranks among the sport’s highest earners, though he doesn’t quite reach the levels of Lewis Hamilton or Max Verstappen.
His past contracts with Renault ($35 million per year) and Red Bull ($6 million per year) have significantly boosted his earnings.
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Daniel Ricciardo Wealth, Salary and Financial Overview
How Much Does He Earn From Racing?
Formula 1 drivers earn from both base salaries and performance-based incentives. Over his career, Ricciardo has signed some of the most lucrative contracts in F1.
- Renault Contract (2019-2020): $35 million per year
- Red Bull Contract (2014-2018): $6 million per year
- McLaren Contract (2021-2022): Estimated multi-million deal
F1 driver salaries also depend on sponsorship bonuses and podium finishes, meaning a single season can significantly impact a driver’s earnings.
What Are His Major Contracts and Career Earnings?
Ricciardo’s biggest career payday came with Renault, where he signed a $70 million deal for two seasons (2019-2020). This made him one of the highest-paid drivers in Formula 1 at the time.
- Red Bull Racing (2014-2018): Early career success, including three wins in 2014
- Renault (2019-2020): One of the highest-paid F1 contracts
- McLaren (2021-2022): Won Italian Grand Prix but struggled with consistency
- AlphaTauri (2023-2024): Late-career return, focusing on mentorship
Despite leaving McLaren early, his career earnings exceed $100 million, making him one of Australia’s richest sports stars.
How Do Sponsorships and Endorsements Add to His Wealth?
Aside from his F1 salary, Ricciardo has secured major brand partnerships, boosting his overall wealth.
Some of his key sponsorship deals include:
- Red Bull: Personal endorsement deal after leaving the main team
- Puma: Official F1 racing gear sponsor
- GoPro: Promotional campaigns
- Beats by Dre: Involved in marketing campaigns
These endorsements add millions annually to his earnings, further solidifying his financial status in the sports world.
What Investments and Business Ventures Does He Have?
Ricciardo is not just about racing—he’s also making smart financial moves.
- Real Estate: Owns an $8.75 million luxury home in Beverly Hills
- Business Ventures: Interests in motorsport-related enterprises
- Future Potential: Could expand into team ownership or broadcasting
Many retired F1 drivers, like Nico Rosberg and David Coulthard, have successfully transitioned into business—a potential path for Ricciardo post-racing.
How Does He Spend His Money?
Ricciardo enjoys a luxurious lifestyle, but he also makes calculated financial decisions.
- Car Collection: Owns a mix of Ferraris, McLarens, and vintage American muscle cars
- Luxury Travel: Often seen in Ibiza, Monaco, and the US
- Philanthropy: Supports youth motorsport programs in Australia
Unlike some athletes, Ricciardo appears to balance spending with smart investments, ensuring long-term financial security.
What Is His Financial Future in Formula 1 and Beyond?
As Ricciardo approaches the later stages of his Formula 1 career, his future earnings will likely come from new ventures.
- Broadcasting & Media: Similar to Jenson Button and Nico Rosberg
- Driver Coaching & Team Ownership: Potential interest in mentoring young F1 drivers
- Brand Ambassador Roles: Could continue working with Red Bull
With his strong brand appeal, Ricciardo is expected to remain a major figure in motorsport, even after retiring from racing.
Conclusion
Daniel Ricciardo has built an impressive $50 million net worth, thanks to high-paying F1 contracts, sponsorship deals, and smart investments.
His financial future looks strong, whether he stays in racing or explores new opportunities.
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