The 24-year-old Australian took full advantage of power problems that hit both championship leader Nico Rosberg and his Mercedes team-mate Lewis Hamilton in the closing stages to claim a stirring triumph yesterday.
Briton Hamilton was forced to retire, but German Rosberg managed to nurse his car home in second place ahead of Ricciardo's Red Bull team-mate defending four-time champion Sebastian Vettel of Germany.
Rosberg opens up a 22-point lead on Hamilton in the championship standings.
Both appeared not to be seriously injured after the incident as they braked from speeds of more than 240 kph at the end of the 70-laps contest.
Ricciardo's win meant he has now beaten Vettel in the last five races, a feat that saw him receive well-deserved congratulations from his team-mate.
"I am shocked - this is ridiculous," said the winner, the fourth Australian to win a Formula One race.
Finn Valtteri Bottas finished seventh in the second Williams ahead of Frenchman Jean-Eric Vergne of Toro Rosso, Danish rookie Kevin Magnussen in the second McLaren and 10th placed Finn Kimi Raikkonen in the second Ferrari.
Perez and Massa were placed 11th and 12th respectively at the finish.
In the drivers title race, Rosberg now leads with 140 points ahead of Hamilton on 118.
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