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Daniel Ricciardo ‘to be paid off’ as McLaren agree deal for new Lando Norris team-mate

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McLaren are set to pay off Daniel Ricciardo until end his contract after the team agreed a deal to sign up Oscar Piastri for the 2023 season, according to reports. The Woking-based F1 team have made the ruthless decision to replace the eight-time race winner after a disappointing campaign.

The Australian has been defiant in recent weeks about his future.

Ricciardo signed an £11m-a-year basic salary package which was due to run until 2023 after replacing Carlos Sainz for the 2021 campaign. But reports suggest the 32-year-old is set to receive a lucrative pay-off to end his two-season stint with the British manufacturer, with Piastri set to take the place of his compatriot.

Autosport claim that McLaren have signed Piastri initially on a reserve driver deal for 2023, with the plan to upgrade the 21-year-old a seat that puts him on the grid next year. However, that could depend on when they eventually agree a package for Ricciardo to depart.

READ MORE: Ricciardo hits out at F1 critics with ‘unfinished business’

Ricciardo and McLaren are now set to open talks over a pay-off that will see the former Red Bull star pocket a ‘substantial’ sum, with McLaren needing to convince Ricciardo to tear up the remaining year of his deal.

It is believed he has no interest in moving into Formula E, where McLaren recently launched a team. With four teams reportedly making an approach for his services ahead of next season, the battle is on to sign up Ricciardo for 2023.

Piastri looks set to partner Norris in the youngest driver line-up on the grid after the 2021 Formula 2 champion refuted suggestions he would be racing for his current team Alpine next year.

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