Workaround: set UseCompatibleTextRendering to true.
Is there any progress on this?
We have this problem with all telerik controls in our program.
We cannot use UseCompatibleTextRendering true because then the kerning of the fonts gets so bad that we get a huge amount of complaints from our customers. (https://feedback.telerik.com/winforms/1370774-fix-radrichtexteditor-characters-spacing-should-be-improved-in-order-to-look-like-radrichtextbox-and-ms-word)
So currently we can choose between broken kerning and broken rendering when disabled.
This happens not only with Radlabel but also with RadMenuItem, RadButton, RadForm and so on. I guess this is a bug in textprimitive.