Daniel Ricciardo – Michmutters
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Daniel Ricciardo: McLaren know it is cheaper to pay him off than to keep him for 2023 – this is why… | F1

Ricciardo has demanded £13.25m to bring an early end to his contract with McLaren, which is currently due to expire after the 2023 season, according to Speedcafe.

Only the driver has the right to end the contract early, not the team, the report says, which is why Ricciardo is negotiating a pay-off.

It is cheaper for McLaren to pay Ricciardo off, and pay the salary of his replacement Oscar Piastri, than it would be to keep Ricciardo for 2023, according to the French sports business website Sportune.fr.

That is reportedly because Ricciardo’s salary, on his current contract, is due to increase next season.

He penned a three-year deal with McLaren in 2020 – the agreement was for him to be paid an estimated £12.2m in each of the first two seasons. This year, that makes him the joint-fifth highest earner on the F1 grid.

That figure is due to increase for 2023, the final year on Ricciardo’s contract.

His teammate Lando Norris is already earning an estimated £20m per season, with four more years still to run on his current contract.

McLaren intends to pay Ricciardo a settlement equivalent to 50 percent of his contracted 2023 salary, Sportune.fr report.

In total, McLaren believe that Ricciardo’s pay-off, plus Piastri’s salary for 2023, plus compensation to Alpine (who insist Piastri is already under contract with them), would total an estimated €19m (£16m) – that is still less than keeping Ricciardo as their driver for next season.

The F1 2023 driver line-up currently has five vacant seats.

The likeliest landing spot for Ricciardo could be at Alpine, the team he represented when they were known as Renault.

Alpine have lost Fernando Alonso, who will move to Aston Martin for the 2023 season as a replacement for the retiring Sebastian Vettel.

Alonso, the fourth-highest earning driver of 2022, is pocketing more than Ricciardo this season which may mean Alpine have the budget to attract the Australian.

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Revealed: Why Piastri won’t race for Alpine in 2023

Oscar Piastri never held an F1 contract with Alpine, and is therefore free to drive for McLaren in 2023, RacingNews365.com can reveal.

With Fernando Alonso’s 2023 move from Alpine to Aston Martin announced on 30 July, Alpine moved swiftly to promote current reserve driver Piastri to a race seat next year.

However, just two hours after Alpine’s statement confirming Piastri – which did not include any quotes from Piastri himself – the Australian released a statement of his own saying that he would not be driving for Alpine in 2023.

RacingNews365.com revealed last week that Piastri had instead agreed to a deal to race for McLaren in 2023 in place of the underperforming Daniel Ricciardo.

Now, well-placed sources at Alpine have told RacingNews365.comthat Piastri never held a Formula 1 contract with the team.

More on Alpine and McLaren’s tug-of-war over Piastri

Piastri had signed a contract with Alpine in November 2021, which contained a clause outlining the team’s obligations towards Piastri.

These obligations included giving Piastri a certain number of test kilometers in an F1 car, which RacingNews365.com understands is in excess of 3,500km, along with paying his expenses and making him Alpine’s reserve driver in 2022.

If Alpine fulfilled these obligations, an option existed for the team to place Piastri in a race seat for 2023.

Crucially, however, this contract was between Piastri and Alpine’s Driver Academy, rather than the F1 team.

This meant the contract was never registered with Formula 1’s Contract Recognition Board, as it was not a F1 contract.

Accordingly, when McLaren lodged their contract with Piastri with the CRB after signing the Australian, neither Alpine nor McLaren received any notification from the CRB of any conflict.

© XPBimages

© XPBimages

Contractual wranglings set to continue

Though McLaren currently have Lando Norris and Ricciardo under contract for next year, RacingNews365.com has learned that McLaren intends to release Ricciardo from his deal.

Negotiations currently ongoing as to the terms of such a split, but RacingNews365.com understands that Ricciardo’s camp are looking for financial compensation in the region of $21 million.

This means the only options available to Alpine are to pursue the matter in a civil court. With Alpine’s parent company Renault Groupe registered in France, and the Alpine F1 team headquartered in England, it is unclear which jurisdiction would hold sway.

Should Alpine decide to pursue the matter in a civil court, it is understood that the team would chiefly be seeking financial compensation for losing Piastri, rather than a ruling obliging the Australian to drive for Alpine in 2023.

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Opinion: How Alpine lost Piastri

Before analyzing how Alpine found itself in this state, allow me to stress that the information learned by RacingNews365.com concerning Piastri’s move to McLaren was derived not from a single source, but three different parties – on two continents, in three countries – all with knowledge of the information. Crucially, all provided essentially the same details.

However, we have omitted items such as timelines for fear that these could jeopardize certain insiders in England and Australia. All I will say in this regard is: there is considerable dissent in the team’s ranks, with some choice language peppering the details. Saliently, all pointed to a two-plus one-year deal.

Three burning questions surround the loss of not one but two star drivers within a space of 24 hours – both to lower ranking teams: Why did Alpine not urgently secure its offer to Fernando Alonso once it knew Sebastian Vettel’s seat was vacant?

Forget not that Alonso is a driver who (twice) previously left Team Enstone under a cloud; a driver at the heart of every major F1 scandal this millennium; a driver who repeatedly left chaos in his wake from him; a driver managed by Flavio Briatore, whose reputation precedes him after he quit his role as boss of the same team in the wake of cheating allegations – yet Alpine went about re-signing him with an air of utter casualness.

Then: That McLaren was talking to Piastri was an open paddock secret; that he is advised by Mark Webber – who won Le Mans with a Porsche team overseen by current McLaren team boss Andreas Seidl, and learned the tricks of driver management from Briatore – equally so. Yet neither alarms nor even muted bells appear to have pealed in Enstone or Viry-Châtillon, Alpine’s Parisian base. Talk about sleepwalking…

Finally: what on earth possessed Alpine to issue a media release announcing an alleged driver contract without a single quote from the subject? Not a word; not only was that a sure giveaway that Alpine had lost control over its third driver, but smacked of egoistic desperation to salvage management ‘face’.

Alpine’s hubris coming back to bite the team?

Our information has it that McLaren’s contract with Piastri was signed last Saturday during the Hungarian Grand Prix, ahead of a mooted (by others) deadline of July 31, 2022, then immediately lodged with the CRB, which accepted the agreement as is standard procedure unless conflicts exist. Our sources are adamant that no 2023 Alpine-Piastri contract was in place, only a vague (and expired) option clause in his 2022 deal.

Significantly, Alpine was not informed of said acceptance, simply because there were no conflicts. Australian sources are equally adamant that Daniel Ricciardo has been informed of his de-hiring of him, and that a soft landing is being sought for him.

The bottom line is that hubris about what was smugly (and variously) referred to as a “rich man’s problem” or “nice problem to have” has come back to bite the team, leaving a proud French brand – celebrating the 50th anniversary of its halo A110 model’s world rally championship successes in 2023 – with a choice of Mick Schumacher or Ricciardo. Last-named shunned the team two years ago and serially underperformed since.

From media briefings with carefully selected outlets through vague off-record comments by junior press officers when gravitas was urgently required, to stone-deafness after Piastri’s (pointed) social media statements, and clumsy pointers from team management that Alonso was not contactable – leading the Spaniard to post mocking messages – Alpine has (mis?)managed this entire saga in amateurish fashion.

When approached by RacingNews365.comin the wake of Piastri’s tweet, a team spokesperson stated Alpine was confident about its position and offered no further comment.

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Daniel Ricciardo told by McLaren he will be replaced – what teams may fight for him? | F1

Ricciardo’s future has been a hot topic in an underwhelming campaign and, despite telling Crash.Net “I have not forgotten how to drive” several months ago, he is set to be ushered out of McLaren.

His current contract expires at the end of the 2023 season but Zak Brown, the McLaren CEO previously revealed that clauses existed to end it early. That option will be taken at the end of this season and Ricciardo has been informed, ESPN report.

McLaren opted not to comment when asked by Crash.Net.

Piastri, the F2 champion who is at the center of a tug-of-war with Alpine, will step into Ricciardo’s seat.

It is the latest major move for a fascinating 2023 F1 driver line-up kickstarted by Sebastian Vettel’s retirement and Fernando Alonso’s move from Alpine to Aston Martin.

Alpine that announced Piastri, one of the brightest emerging talents in the sport, would replace Alonso but he immediately reacted “that is wrong”.

The FIA ​​contract recognition board has recognized Piastri’s deal with McLaren above a contract he has with Alpine which expires at the end of 2022, RacingNews365 reported.

McLaren are stalling on confirming Piastri as their new driver for 2023 until they have helped Ricciardo find a new drive, Racer.com reports.

Alpine are the obvious choice. The vacancy caused by Alonso’s move will not be filled by Piastri after all, so they need a driver.

They currently pay Alonso a reported £14.9m per season – the fourth highest salary among drivers for 2022 – so should be able to afford Ricciardo, who currently pockets £12.2m per season from McLaren.

Ricciardo spent two seasons with Renault before they rebranded and became Alpine.

Haas have not yet confirmed Mick Schumacher as their driver beyond the end of this season. Schumacher has veered between poor performances and flirting with the idea of ​​eventually moving to Ferrari, where his father was a legend, but Ricciardo’s availability will give Haas options at the negotiating table.

Williams have a seat vacant alongside Alex Albon. Nicholas Latifi has been tipped to leave although Nyck de Vries or Logan Sargeant are younger, likelier options.

Alfa Romeo have Valtteri Bottas signed up for 2023 but haven’t confirmed Zhou Guanyu’s spot beyond the end of this year. Yuki Tsunoda’s future with AlphaTauri, who also have Pierre Gasly, is also unconfirmed. Although Zhou and Tsunoda are among the lowest-earners on the 2022 grid so replacing them with the veteran Australian would be costly.

Ricciardo has previously been linked with a switch to IndyCar, too.

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Revealed: Piastri to replace Ricciardo at McLaren in 2023

Alpine reserve driver Oscar Piastri has agreed a deal to race for McLaren in 2023 in place of Daniel Ricciardo, RacingNews365.com you have learned.

The Australian’s future has been the subject of much debate this week, with Alpine releasing a statement on Tuesday saying Piastri would replace the Aston Martin-bound Fernando Alonso at the French squad next year.

However, in a remarkable turn of events, the 21-year-old released a statement of his own just two hours later refuting the claims that he would be racing for the Enstone team in 2023.

Piastri was known to be admired by other teams, having previously been linked with a loan move to Williams, and RacingNews365.com has learned from sources in Australia that Piastri has signed a contract at McLaren that would see him partner Lando Norris and replace compatriot Riccardo at the Woking squad in 2023.

FIA’s contract recognition board, where all F1 contracts are checked for validity, is said to have validated Piastri’s new contract with McLaren at the expense of his existing deal with Alpine.

RacingNews365.com understands that Piastri has a contract with Alpine for 2022, but not for 2023. His 2022 deal is said to contain an option on Piastri’s services for 2023, but that option was not exercised within the required 30 days of signing that contract.

What now for Ricciardo?

The FIA’s contract recognition board ruled that there was no valid contract between Alpine and Piastri before 2023, leaving McLaren free to agree to a deal with the Australian.

Piastri’s deal with McLaren was said to have been finalized on the evening of July 30, before Fernando Alonso’s move to Aston Martin was confirmed on August 1.

Under Formula 1’s regulations, Alpine cannot challenge the board’s decision, as F1 teams have previously unanimously decided that it is the highest body that can rule on contractual matters.

Piastri’s move leaves Ricciardo’s F1 future up in the air. The Australian’s best bet may be replacing Alonso at Alpine, for whom he drove in 2019 and 2020 in his previous guise of Renault.

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Daniel Ricciardo deserves better than a push or a paid year on the sidelines : PlanetF1

Being paid $15 million to sit around for a year may seem like a dream job for most of us, but Daniel Ricciardo deserves better from McLaren.

If, and right now it is speculation based on a lot of hearsay and unnamed sources, Oscar Piastri has signed a letter of intent to race for McLaren next season, the Woking team has one too many drivers.

Ricciardo being the too many.

If McLaren today have a choice between keeping him or keeping Lando Norris it is a no-brainer given that, while the Aussie has the team’s only win since 2012, Norris has been the much more consistent driver.

One cannot argue against that. It is a simple fact as the numbers do not lie.

But pushing the 33-year-old out when he has just one year left on his contract, one year that could be his last in Formula 1 as it stands, is poor form from McLaren who themselves haven’t given him, or Norris, a race-winning car.

Ricciardo, though, has made it clear he wants to see out his contract, the eight-time grand prix winner convinced there is life in the old Honey Badger, he just needs to get his claws into that MCL36.

According to reports he does hold all the cards, the only person who has to say whether or not he is with the team in 2023. And he has until September to inform McLaren of his plans.

He’s already done that, at least in the statement he put out three weeks ago, making it clear that he wants to continue with McLaren, not sit on the sidelines.

Read more: F1 2022 driver rankings 11-20: Sebastian Vettel, Daniel Ricciardo and more

But even if Ricciardo takes up that option, insisting on staying with McLaren, that doesn’t necessarily mean he will be racing as the team could do what Ferrari once did with Kimi Raikkonen and pay him to sit on the sidelines.

Effectively his options are a push, the sidelines, or racing for a team that he knows doesn’t want him there.

It does, as many have pointed out, reflect badly on Zak Brown and McLaren as a whole if this is how they treat their drivers.

The company, already involved in one contract saga over IndyCar with Alex Palou and Chip Ganassi, are courting yet another in the space of just a few weeks.

McLaren not only need Alpine to back down on their claims that Piastri belongs to them, but they also need Ricciardo to willingly fall on his sword either by quitting the team to retire or join another, or take the money and sit on Vettel’s couch to watch the Formula 1.

Some may argue that $15 million and not racing in Formula 1 beats a pay cut and joining Alpine as, given the past few days’ happenings, it seems something is very wrong over in Enstone.

Read more: Embarrassing for Alpine but has Oscar Piastri started a game he may not win?

Losing the in-form Alonso because they wanted him to be a seat-filler for Piastri doesn’t say much about the team’s management but losing two drivers in one week says a lot, and what it says is not great, about the higher ups .

Alpine have opened the door to Ricciardo returning to the team that he quit after just two seasons, but given that he actually quit after just one as he signed with McLaren after his first year with Renault, it seems inconceivable that he would want back in.

What he wants, and has made abundantly clear, is to remain a McLaren Formula 1 driver. “I know what I’ve got. I know my future. I know my contract.”

And then he threw it back to McLaren…

“Give me a winning car and I’ll win. That’s the challenge for myself and McLaren. That is the confidence I have in myself. That’s why I wake up and still want to do this.”

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What next in F1’s messy Alpine/Piastri contractual tug of war?

It has been an extraordinary and tumultuous two days for the Alpine F1 team.

In the space of just 48 hours, the Anglo-French outfit lost Fernando Alonso and also appears to have lost their highly-rated junior driver Oscar Piastri in one of the most remarkable F1 rows of recent times.

The chaotic events have seen the 2023 driver market explode into life and led to a messy public dispute. But how did we get here?

making sense of madness

Ahead of the Hungarian Grand Prix – the final race before the summer break – Sebastian Vettel announced his retirement from F1 at the end of the 2022 season.

Naturally, thoughts quickly turned to who might replace the four-time world champion. Alonso, whose contract with Alpine was expiring, seemed like a dream statement signing for Aston Martin.

Although the Spaniard refused to completely rule a switch out, everything pointed towards him staying put for 2023. That’s what Alpine also believed, with Alonso assuring the team he had not signed with anyone else as the team prepared to leave Hungary on Sunday night.

The following morning, Aston Martin confirmed they had signed Alonso on a multi-year contract beginning in 2023, sending shockwaves through F1.

The bombshell news took Alpine by surprise, with team principal Otmar Szafnauer telling reporters in a press conference on August 2 that he first learned of Alonso’s departure when he read Aston Martin’s official press release.

Just hours later on late Tuesday afternoon, Alpine announced that Piastri, who won last year’s F2 championship, would make his F1 debut in 2023 “in line with the commitments made by the team to the young Australian”.

But Piastri responded by tweeting that he had “not signed a contract with Alpine for 2023 and will not be driving for them next year”. The 21-year-old said the announcement was “wrong” and had come “without my agreement”.

Prior to Alonso’s shock exit, Alpine had been looking to find Piastri a spot on the grid, with Williams at one stage appearing to be Piastri’s most likely destination.

The nature of Piastri’s public condemnation of Alpine’s announcement suggests he is confident about having another deal already lined up. Piastri, who is managed by ex-F1 driver Mark Webber, is understood to have an agreement with McLaren.

What happens next?

The dramatic stand-off, which appears to have been orchestrated by Alonso – who, just minutes after Piastri’s tweet, posted a video of him sticking his thumb up on Instagram – is set to rumble on.

Both parties believe they are in the right and a contractual tug-of-war looks set to follow during what is meant to be F1’s quietest period since the season began.

The unraveling contract saga echoes a similar motorsport dispute that is ongoing between Chip Ganassi Racing and McLaren over the destination of reigning IndyCar champion Alex Palou.

Ganassi has issued a lawsuit against Palou after the Spaniard denied the team’s announcement that he is under contract for 2023 and beyond. Hours later, McLaren issued their own press release claiming that Palou had signed with them.

A similar situation occurred in F1 back in 2004 when BAR-Honda and Williams were both convinced they had legitimate deals with Jenson Button, who had tried to quit BAR to rejoin Williams.

BAR ultimately won their fight with Williams for Button to drive for them in 2005 after F1’s Contract Recognition Board (CRB) ruled in their favor.

Intriguingly, Szafnauer, then vice president of Honda Racing, was also involved.

Should the Alpine/Piastri dispute end up in a legal battle, the outcomes are seemingly two-fold; either Piastri stays and races for Alpine in 2023, or some kind of settlement deal with McLaren is reached.

Where does this leave Ricciardo?

The complicated tussle leaves question marks surrounding the future of Daniel Ricciardo, who is under contract at McLaren until the end of the 2023 season.

Should Piastri get his way, he will replace his compatriot at McLaren.

Ricciardo’s future has been the subject of intense speculation ever since McLaren boss Zak Brown admitted the under-performing Australian’s time with the team had not met expectations.

However, on July 13, Ricciardo issued a statement insisting he would not walk away from F1 and underlined his commitment to seeing out the rest of his McLaren contract.

If McLaren end up fielding Piastri alongside Lando Norris next season, they will have to pay off Ricciardo, and that won’t be cheap.

While Alpine hopes that Piastri will fill the seat vacated by Alonso, alternative options will be considered should the team not be able to keep the highly-rated youngster, who is considered a future F1 star.

As an eight-time grand prix winner, Ricciardo would be the most attractive and obvious option on the market for Alpine, despite the fact he left the Enstone team after just two years to join McLaren in 2021.

It would be a potentially awkward move, given Ricciardo’s decision to quit did not go down well with the Renault hierarchy. However, Alpine’s team management has since changed and they could be left facing a driver market limbo if they lose Piastri.

Speaking prior to the Piastri development on Tuesday, Szafnauer did not rule out a return for Ricciardo.

Plenty more twists and turns are likely before this driver market drama is resolved.

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