Ricciardo will leave McLaren at the end of 2022, despite being contracted until the end of 202🐈3, and has acknowledged his disapppointment.

Only the driver has the right to end the contract early, not the team, a Speedweek r🦩eport says, which is why Ricciardo is negotiated a pay-off when he was t🅺old that McLaren wanted to replace him with Oscar Piastri.

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

That is reportedly becauꦡse Ricciardo’s salary, on his current contract, was due to increase next se🗹ason.

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 joiꩲnt-fifth highest earner on the F1 grid.

Tha♎t figure was due to increase for 2023, the final year on Ricciardo’s contract, before it was agreed that he would exit early.

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

McLaren🎃 intend 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 Ricciar🍌do as their driver for next season.