McLaren ditch Daniel Ricciardo as Oscar Piastri waits in the wings

Daniel Ricciardo is departing McLaren after the British team terminated his contract.

Ricciardo, an eight-time grand prix winner, had a deal until the end of 2023, and only last month insisted he "is committed to McLaren until the end of next year".

But McLaren's hierarchy has moved to end the 33-year-old’s disappointing two-season stint with the team by paying off the final season of his deal.

Ricciardo will leave McLaren at the end of the current campaign, and is expected to be replaced by the highly-rated Oscar Piastri.

Earlier this month, Alpine announced that Piastri, a 21-year-old reserve driver for the French team, would be racing for them next season – only for the Australian to say he was not – with the Formula Two champion believed to have already agreed terms with McLaren.

McLaren said they will announce their plans for next season in due course.

Speaking ahead of this weekend’s Belgian Grand Prix, Ricciardo said: "It’s been a privilege to be a part of the McLaren Racing family for the last two seasons but following several months of discussions with [McLaren CEO] Zak Brown and [team principal] Andreas Seidl we have decided to terminate my contract with the team early and agree to mutually part ways at the end of this season.

"I’ll be announcing my own future plans in due course but regardless of what this next chapter brings, I have no regrets and am proud of the effort and work I gave McLaren, especially the win in Monza, last season.

"I’ve enjoyed working with everyone at McLaren, both trackside and back in Woking, and will be giving my all on and off track as we enjoy the remainder of the season together. I’ve never been more motivated to compete and be a part of a sport that I love so much and look forward to