Daniel Ricciardo wins Monaco Grand Prix ahead of Sebastian Vettel and Lewis Hamilton

Daniel Ricciardo has won the Monaco Grand Prix ahead of Sebastian Vettel and Lewis Hamilton.

Ricciardo nursed his wounded Red Bull over the line to claim his second victory of the Formula One campaign.

Ricciardo was down on power for the majority of the sport's most famous race by the Mediterranean, but he bravely held off challenges from Sebastian Vettel and Lewis Hamilton to take the chequered flag.

Vettel, who conceded defeat in the closing stages of Sunday's glamorous grand prix, cuts Hamilton's championship lead to 14 points. Kimi Raikkonen finished in fourth with Valtteri Bottas fifth for Mercedes.

Ricciardo was denied a certain victory at the principality two years ago when his team botched up a regulation pit stop, and his triumph hung in the balance for much of the two hours.

But for all of the tracks to nurse a power issue, Monte Carlo would be the venue of choice given its lack of straights, and that it is virtually impossible to overtake.

And Ricciardo used all of his know-how and race craft to keep Vettel at bay. The gap as the German crossed the line was more than seven seconds.