Daniel Ricciardo feels he was on course for a potential podium in the Belgian Grand Prix before yet more technical troubles consigned him to an early retirement.

The Australian was running in fifth position, just behind eventual podium winner Romain Grosjean - who was on a different tyre strategy - when his car cut out on the exit of the chicane on lap 20.

Prior to that Ricciardo had been defying the deficit of his Renault-powered Red Bull as he took the fight to the Mercedes powered Lotus and Sergio Perez's Force India. Indeed, with the option to run on the final stint, Ricciardo believes he was in a good position to claw his way to a second straight podium.

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"Everything just switched off as if I bumped the switch, but I didn't. It is disappointing because the start was finally good. I joked about the start procedure helping us and I think it actually did. In the first stint we had pace on Perez but they are slippery down the straights, we knew that.

"We had our sights set on the podium. We put ourselves in that position from the start. We saw Perez had quite a bit of degradation, but we felt on the option we would have been stronger. I think we would have been in the fight with Grosjean for the podium. It's disappointing but that is part of [the sport]."

With team-mate Daniil Kvyat going on to finish fourth after a late switch to soft tyres, Ricciardo says Red Bull's efforts against the adversity of its down-on-power engine shows what is capable with 'more beans'.

"Even last year we were thinking how many more wins we could have had [with a faster engine], but that is something we have to look forward to in 2016. We know the car works well when it works well, we just have to find a few more beans."

Ricciardo's retirement means Kvyat has now moved past him as Red Bull's leading driver in the F1 World Championship standings.