Scuderia AlphaTauri driver Daniel Ricciardo is one of the most popular racers in Formula 1 today. Aside from his prowess on the track, he is also known for his upbeat demeanor and infectious charisma.
The Perth native has won eight Formula 1 races throughout his career, with the most recent coming during the 2021 Italian Grand Prix.
Ricciardo began his Formula 1 journey with Toro Rosso, the precursor to AlphaTauri, from 2012 to 2013 after graduating from Red Bull's driver development program.
He subsequently transitioned to Red Bull Racing from 2014 to 2018 as a primary driver. During this period, Ricciardo clinched seven race victories and notably outperformed the reigning champion, Sebastian Vettel, in his debut season with the team.
After facing stiff competition from Max Verstappen in his later years with the team, Ricciardo decided to move to Renault in 2019. Subsequently, before the 2021 season, he transitioned again, this time to McLaren. Despite these moves, he faced challenges in achieving significant results, except for his notable win at Monza in 2021.
In 2023, Ricciardo rejoined Red Bull as a reserve driver, backing up Max Verstappen and Sergio Perez. Later in the season, he stepped into the vacant seat at AlphaTauri, succeeding Nyck de Vries.
As one of the veterans in the grid and a Formula 1 career spanning more than a decade, how much is Daniel Ricciardo's net worth in 2024?
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Daniel Ricciardo's Net Worth 2024: $50 million
The 34-year-old Ricciardo is worth $50 million as of 2024, according to various reputable sources such as Celebrity Net Worth, The Sun, and Essentially Sports.
The Australian racer amassed a lot of earnings in 2023 despite appearing in only seven of the 22 Formula 1 races that season.
McLaren provided a compensation of $18 million to Ricciardo, initially intended to be $22.2 million, but was adjusted after he assumed the role of reserve driver at Red Bull.
This financial arrangement followed McLaren's decision to terminate his contract one year early at the end of the 2022 season. Additionally, he earned a $2.1 million salary from Red Bull for serving as their reserve driver for the 2023 season.
While the specifics of Ricciardo's contract with AlphaTauri are undisclosed, it's believed he received a salary comparable to that of the driver he replaced, Nyck de Vries, worth about $2 million.
Daniel Ricciardo's Wealth
Excluding the 2023 season, given the unconfirmed specifics of his AlphaTauri contract, Ricciardo has amassed $96.7 million in salary throughout his Formula 1 career. This career earnings span eleven seasons, from the 2011 to the 2022 season, according to Spotrac.
Heading into the 2024 season, the eight-time Grand Prix winner's sponsorship and partners, as listed on his website, encompass a diverse range of brands.
These include Australian telecommunications firm Optus, cryptocurrency exchange OKX, wine label St. Hugo, action camera company GoPro, audio equipment manufacturer Beats By Dre, video game developer EA Sports, nutritional supplement brand Thorne, and the charitable organization Save The Children.
In addition to his diverse income sources, Ricciardo has strategically preserved a significant portion of his earnings by residing in the Principality of Monaco, a renowned tax haven, since the latter half of 2013. He owns a one-bedroom apartment at the Principality valued at $2 million.
Monaco is a popular residence for various Formula 1 drivers, and among Ricciardo's peers living in the small country south of France are Max Verstappen, Lewis Hamilton, Charles Leclerc, Lando Norris, and Valtteri Bottas.
Aside from his real estate investment in Monaco, he also owns a Beverly Hills mansion in Los Angeles worth around $13 million.
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