F1 World Drivers’ Championship Odds
The 2024 Formula One season is about to begin, with the Bahrain Grand Prix on Saturday, March 2, marking the start of a record 24-race campaign. After an extraordinary 2023 season, where he clinched his third consecutive World Championship title, Red Bull’s Max Verstappen remains the driver to beat.
Verstappen dominated last season, winning an astonishing 19 out of 22 races, while his teammate Sergio Perez added two more victories, showcasing Red Bull’s unparalleled supremacy in both the drivers’ and constructors’ championships.
During last week’s Bahrain testing, the 20 drivers geared up for the upcoming season, with Red Bull picking up right where they left off. Verstappen set the pace in the initial practice laps, signaling his intent for the new season. The 2024 driver lineup remains unchanged from the end of last season, except for two teams rebranding to Kick Sauber and Visa CashApp RB. With the longest season in history, every driver will have ample opportunities to make their mark.
With so much action to follow, The Sporting News is here to provide you with the best odds, bets, and tips as the 2024 Formula One calendar gets underway.
Odds for Formula 1 World Championship 2024
In unsurprising news for the new season, three-time world champion Max Verstappen is the overwhelming favorite to secure a fourth consecutive title in 2024. His dominance last year has created a significant gap between him and the rest of the field.
Verstappen leads the odds at -370, with Lewis Hamilton following at +850. Hamilton’s odds, one of only two drivers with a three-figure moneyline, highlight just how formidable Verstappen is this year. Surprisingly, McLaren’s 24-year-old Brit Lando Norris is the second favorite at +750, sitting between Verstappen and Hamilton.
Norris’ McLaren teammate, Oscar Piastri, trails at +2000, while George Russell of Mercedes and Charles Leclerc of Ferrari are both at +2200. Although Verstappen has been the front-runner for the past three years, the odds suggest a potential shift in the driver hierarchy in 2024 for those bold enough to bet against Verstappen.
Formula 1 Constructors’ Cup 2024 odds
After recent seasons of Verstappen-led dominance, Red Bull is unsurprisingly favored to claim a third consecutive Constructors’ Championship in 2024. The Austrian team has an even shorter moneyline for winning the constructors’ title than Verstappen does for securing his fourth Drivers’ Championship, currently sitting at -475, far ahead of their closest challengers, McLaren, at +700.
McLaren has surpassed both Mercedes and Ferrari in the race for the Constructors’ Championship, despite their drivers, Lando Norris and Oscar Piastri, having no career race wins.
Predictions for the 2024 Formula One season
In 2023, Max Verstappen and Red Bull dominated Formula 1, winning 19 out of 22 races—a historic achievement. Verstappen has already shown strong form in preseason testing, setting the pace for 2024. His teammate Sergio Perez, who won two races last season, aims to narrow the gap to Verstappen early on this year.
Red Bull comfortably secured the Constructors’ Championship last season, but face tougher competition from McLaren, Mercedes, and Ferrari in 2024. Lewis Hamilton’s move to Ferrari in 2025 promises to shake up the sport, as he pursues an eighth title in his final season with Mercedes. Ferrari, buoyed by progress in 2023, seeks more wins with Charles Leclerc and aims for a strong finish with Carlos Sainz before Hamilton’s arrival.
McLaren’s Lando Norris and Oscar Piastri are also expected to challenge, with promising odds suggesting they could surprise this season. If anyone can challenge Red Bull’s dominance, these young drivers might be the ones to watch.
2023 Formula One Season: Top Pick
After a season of unparalleled dominance in 2023, Max Verstappen’s quest for a fourth consecutive Drivers’ Championship appears to be the safest bet heading into the new Formula 1 season. With impressive performances already seen in Bahrain’s preseason testing, Verstappen’s odds of -350 reflect his early season form and the formidable challenge he poses to his rivals.
Lando Norris, showing significant progress over the offseason, stands as the third favorite with odds of -250 to win the Bahrain Grand Prix behind Verstappen and his Red Bull teammate Sergio Perez. For Norris, who has finished runner-up seven times in his career, the season opener presents a crucial opportunity to assert himself against the dominant Red Bull duo and establish his title aspirations early on.
Meanwhile, in a less conventional bet, Mercedes’ pit crew, often the unsung heroes of the sport, are favored fifth by DraftKings to record the fastest pit-stop of the season. Despite this ranking, the departure of Lewis Hamilton at the end of the season from the team he’s won six of his seven championships with adds an element of motivation. Hamilton’s determination to end his Mercedes tenure on a high note could propel his crew to excel, pushing the limits of efficiency and speed throughout the 2024 campaign.
