Daniel Ricciardo’s F1 Career Is Forever Altered By McLaren’s Choice
August 6, 2022 / By Zunair Tahir / Automotive News
Motorsport claims that McLaren has chosen to terminate Ricciardo’s contract early.
Oscar Piastri will replace Daniel Ricciardo at McLaren a year early, according speculations covered by Motorsport. The British team is said to have officially informed the Australian driver of its plan to terminate Ricciardo’s contract early.
Contrary to what Alpine reports, Piastri would join McLaren as a reserve driver in 2023. However, the Woking team would be prepared to elevate him straight away if a termination deal could be achieved with Ricciardo.
The Australian, who like with Lando Norris struggled to shine at McLaren, will aim to negotiate a sizable severance compensation. His objective is to continue competing in Formula One the next season, most likely at Alpine himself to fill Fernando Alonso’s vacant seat or at Haas.
To create room for Piastri, McLaren plans to cancel Ricciardo’s 2023 Formula One contract.
According to Motorsport.com, the McLaren Formula 1 team has formally informed Daniel Ricciardo that Oscar Piastri will take his spot in the lineup for the upcoming season.
If a plan for Ricciardo’s early retirement is ultimately decided, McLaren is thought to have first signed Piastri on a reserve driver agreement for 2023, one that it hopes to upgrade to a racing seat.
As part of the initial three-year contract that he signed in early 2020, while still at Renault, Ricciardo has a fixed contract with McLaren for the next season.
In order for Ricciardo to leave the team at the conclusion of this season, he and the organisation will now need to reach an agreement on a settlement containing a hefty pay-off.
He is believed to be determined to find another seat in Formula One and has no interest in going sideways into the team’s Formula E program.
However, when McLaren expressed interest and it became clear that Piastri may be a free agent in 2023 after all, discussions stepped up and the Working team was viewed as an improvement over Williams.
Meanwhile, Ricciardo is undoubtedly towards the top of the list of potential Fernando Alonso replacements at Alpine, despite the fact that his decision to leave Renault for McLaren angered the company’s top management.
Although Ferrari technically has a claim on anyone fills the seat, Haas might potentially be a viable choice if Mick Schumacher decides to go as anticipated.
Sometimes the driver in question obtaining a seat elsewhere might have an influence on pay-off agreements like the one Ricciardo is expected to earn. Kimi Raikkonen spent two years away from Formula One after Ferrari fired him at the end of 2009, in part so he could keep the entire sum.
However, it is acknowledged that, given the funds necessary to fulfil Ricciardo’s initial contract, it is possible that, even if he secures a drive elsewhere, McLaren will continue to pay him to not compete for the team in 2023.
2022 Car Prices 2022 CARS 2022 News 2022 Pakistan News 2022 Tech News 2023 Cars Price List apple automobile Automotive Blogs Automotive News Automotive News Pakistan Auto Sector Blogs Business News car news Car Prices cars cars 2021 cars of pakistan electric cars entertainment news F1 F1 News Hyundai Imran Khan Imran Khan News MG Pakistan new cars news news pakistan pakistan automotive news Pakistan Government Pakistan News PCB proton proton pakistan PTI Sports News suzuki Suzuki Pakistan Tech News Toyota toyota pakistan Weintek Weintek Pakistan