Ricciardo's F1 contract watertight: Horner

Red Bull team boss Christian Horner says Daniel Ricciardo's F1 contract is "absolutely" watertight for the 2016 season, ruling out a move to Ferrari.

Daniel Ricciardo.

Red Bull's under-performing Daniel Ricciardo has had to adjust his F1 championship expectations. (AAP)

Daniel Ricciardo looks set to stay at Red Bull next year, with team boss Christian Horner insisting the Australian's Formula One contract is watertight for 2016.

Ricciardo's name has been loosely linked to Kimi Raikkonen's seat at Ferrari, should the team part ways once the Finn's deal expires.

The 25-year-old did not rule out a move earlier this month, but said it was unlikely that he could get out of his contract at Red Bull, which still has three years left to run.

Asked if Ricciardo's contract for 2016 was watertight, Horner told ESPN: "Absolutely".

He said rumours of a move to Ferrari had no foundation.

Ricciardo scored his first podium of the season in last Sunday's Hungarian Grand Prix, and was in the fight for victory before making contact with Mercedes' Nico Rosberg in the closing stages.

Horner reckons the result proved he was back to his best after a mixed start to the year.

"You can always improve in some areas, of course you can," he said.

"But he's at the top of his game and some of his overtaking moves (in Hungary) were back to the best that we've seen of him."

The championship returns on August 23 for the Belgian Grand Prix.


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