Daniel Ricciardo reveals new deadline set for new Red Bull contract

F1 Grand Prix of Hungary

Daniel Ricciardo has been given an extension on signing a new deal for Red Bull. However, he insists that the deal will be done over the summer break before he returns to the F1 track in Belgium.

Red Bull boss Christian Horner had previously announced that Ricciardo's deal was going to be sealed before the Hungarian GP concluded but as of yet an agreement hasn't been finalised.

Nevertheless, the Australian has revealed a new deadline has been set and is feeling calm about the impending negotiations with Red Bull.

"It will definitely be done by Spa, whether it gets announced over the summer break or in Spa [I don't know]," Ricciardo said, per Sky Sports.

Ricciardo's current deal expires in 2019 but rivals Mercedes or Ferrari are not interested in securing his services next year. The Aussie has won just two races in his season, and he is extremely relaxed to get his new contract signed.

"It's just a little bit of fine tuning here and there, it's all good.

"You will hear something soon, I'm sure."

Ricciardo has struggled for form and reliability over the last couple of months since he won the Monaco GP in emphatic fashion, which helped him rise as a possible contender to Hamilton and Vettel.

F1 Grand Prix of Hungary

However, he has failed to secure a podium finish since and was forced to retire in Austria and Germany due to issues with his engine.

The Aussie continued: "I got Monaco, and I kind of joked that my year was done.

"But stuff that. It has been a rough run since. I can't really seem to get a break."

Ricciardo also told reporters that he needs the mid-season break to recharge his batteries and come back refreshed for Red Bull.

F1 Grand Prix of Hungary

"It's a good time for the break. We had a triple header to try to get one (win), and now this double-header and it hasn't really turned around, or I've got any revenge so to speak.

"I need some time away from the car. I am growing frustrated with these problems, so probably it's healthy for me to have some time off."

Despite starting 12th on the grid at the Hungarian GP last weekend, he finished in fourth place.

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