Daniel Ricciardo says that he holds "a few cards" when it comes to negotiating a new contract with Red Bull Racing, and that he's in no rush to conclude a deal.

The Australian's current contract expires at the end of next season. His team mate Max Verstappen has already extended his own contract with the team to 2020.

Ricciardo was stung by recent comments from within Red Bull that the team should shape itself around the younger driver long term. That seemed to suggest the Australian was superfluos to requirements.

But the 28-year-old believes that he holds the upper hand when it comes to determining his future at Milton Keyes.

"I am out of contract next year and I do hold a few cards at least," said Ricciardo. "I don't think I need to rush it."

He said much would depend on the attitude of team principle Christian Horner and motorsports consultant Dr Helmut Marko.

"If Christian and Helmut express interest in wanting to keep me then that's nice to hear," he said. "It's better than them saying, 'We can't wait for Ricciardo to leave!'

"It's the first time we've been in this position so I want to make the most of it," he added. "I still want to do it respectfully.

"I'll be open in discussions with them and won't keep any secrets."

Ricciardo insisted that the negotiations wouldn't simply focus on the financial side. He wants to be assured that he'll be fighting for race wins and titles in the future.

"I have got power to negotiate financial things as well but the first box I want to tick is performance," he said.

"I'm still definitely competitive enough to chase the faster car and not the bigger bucks. I'm not at that end of my career."

For that reason, Ricciardo has ruled out a move to Ferrari if it means being a 'bridesmaid' to his former Red Bull team mate Sebastian Vettel. However, he would consider any offers from Maranello if he were given equal status.

He's also spoken positively about the possibility of partnering Lewis hamilton at Mercedes in the future.

Mercedes recently extended the contract of Valtteri Bottas for 2018. It means both he and Ricciardo are free agents at the same time, suggesting that a switch to the world championship team is one of the cards that Ricciardo is eager to keep up his sleeve for now.

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

F1 engine dispute heads for boiling point in key FIA meetings

This week, Formula 1’s engine manufacturer’s are heading into two crucial meetings with the FIA,…

1 hour ago

Brundle fears less 'raw racing’ with new-era F1 cars

Formula 1 may be charging toward its most electrified future yet, but Sky F1's Martin…

3 hours ago

‘Gloves off’: Red Bull would love freer F1 engine development

Red Bull Powertrains technical director Ben Hodgkinson has made it clear he would rather see…

4 hours ago

Cadillac to move from reliability to speed in Bahrain – Lowdon

After a careful shakedown in Barcelona, Cadillac team principal Graeme Lowdon has confirmed that the…

20 hours ago

Aston Martin insider says Newey-led AMR26 is ‘on another level’

Aston Martin’s 2026 challenger hasn’t turned a competitive wheel in anger yet, but inside the…

22 hours ago

Horner breaks silence: ‘I have unfinished business in F1’

Christian Horner has finally stepped back into the spotlight – and he didn’t tiptoe in…

1 day ago