We are on to the 2023 season now and the F1 odds are already available as we prepare for the season-opening Bahrain GP on Sunday.
Pre-season testing is now in the rear view mirror and it provided a ton of clues for bettors hoping to net some dollars early in the year.
Can Max Verstappen clinch a third consecutive world drivers’ title? Can Lewis Hamilton claim his eighth? Can Ferrari bounce back from another year of missed opportunities? All questions will be answered soon.
Verstappen enjoyed an incredible season in 2022, claiming 15 Grand Prix wins (a new record) en route to that second consecutive world title. If Abu Dhabi 2021 had been shrouded in controversy, this was nothing of the sort. The Dutchman was utterly dominant – there was no position from which he could not win.
Here is all you need to know about the F1 odds in 2023.
F1 Odds 2023: Drivers Championship
Okay, at last we have title odds again. They disappeared pretty early in 2022 as Max wrapped things up.
Not surprisingly the Red Bull megastar is a hot favorite to claim a hattrick of titles – at best odds of -138 (bet $138 to win $100). Hamilton is next best on +300 (bet $100 to win $300) after Mercedes finished 2022 on a high.
If you think Charles Leclerc can finally get Ferrari over the hump, he is next on +700 with Hamilton’s Mercedes teammate George Russell on +800.
All that bad blood in the Red Bull garage is only just in the rear view mirror, but Verstappen’s teammate Sergio Perez is not even an afterthought in the title betting – he’s way out at +2500.
Here are the latest odds to be F1 world champion in 2023:
- -138 Max Verstappen (bet365)
- +300 Lewis Hamilton (bet365)
- +700 Charles Leclerc (BetMGM, Borgata)
- +800 George Russell (bet365)
- +2500 Carlos Sainz (Widely available)
- +2500 Sergio Perez (Widely available)
NB: Odds correct on December 12, 2022
F1 Odds 2023 Constructors Championship
Red Bull finally ended that long period of Mercedes dominance in 2022. They are slight favorites to repeat the trick but the Silver Arrows are right behind. Ferrari meanwhile are third best at +600.
Latest odds to be constructors’ champion in 2023 are:
- -110 Red Bull (bet365)
- +137 Mercedes (bet365)
- +600 Ferrari (bet365)
- +12500 Alpine (bet365)
- +12500 McLaren (bet365)
NB: Odds correct on December 12, 2022
When is F1 ‘Drive To Survive’ back on Netflix?
The reason a ton of U.S. F1 fans got into the sport was the annual docuseries which provides terrific behind-the-scenes access to the drivers and teams. Even Ferrari and Mercedes allow access these days.
‘Drive To Survive’ is back for a fifth season to give you the inside story of the 2022 season – Season 5 will hit your screens on Friday February 24, 2023.
What’s new in F1 in 2023?
Time absolutely does not stand still in F1. Every season drivers come in and go out, and teams change.
Here is a rundown on what’s different from 2022:
- No change – we have the same 10 teams putting cars on the grid
- Oscar Piastri replaces Daniel Ricciardo at McLaren
- Pierre Gasly replaces Fernando Alonso at Alpine
- Nyck De Vries replaces Pierre Gasly at AlphaTauri
- Fernando Alonso replaces the retired Sebastian Vettel at Aston Martin
- Logan Sargeant replaces Nicholas Latifi at Williams
- Nico Hulkenberg replaces Mick Schumacher at Haas
F1 Grid for 2023: Confirmed driver lineup
The grid for 2023 – with those changes we already outlined – looks like this:
- Red Bull: Max Verstappen, Sergio Perez
- Mercedes: Lewis Hamilton, George Russell
- Ferrari: Charles Leclerc, Carlos Sainz
- Alpine: Esteban Ocon, Pierre Gasly
- McLaren: Lando Norris, Oscar Piastri
- AlphaTauri: Nyck De Vries, Yuki Tsunoda
- Aston Martin: Fernando Alonso, Lance Stroll
- Alfa Romeo: Valtteri Bottas, Zhou Guanyu
- Haas: Kevin Magnussen, Nico Hulkenberg
- Williams: Alex Albon, Logan Sargeant
F1 Calendar 2023: When and where do the races happen?
After two years of COVID carnage for the F1 calendar, 2022 looked at least a little bit more normal.
Now we can look ahead to 2023 and a bumper 24-race calendar with confidence.
Right now the official calendar/schedule looks like this:
Here is the full 2023 F1 calendar:
March 5: Bahrain (Sakhir)
March 19: Saudi Arabia (Jeddah)
April 2: Australia (Melbourne)
April 16: China (Shanghai)
April 30: Azerbaijan (Baku)
May 7: Miami (Miami)
May 21: Emilia Romagna (Imola)
May 28: Monaco (Monaco)
June 4: Spain (Barcelona)
June 18: Canada (Montreal)
July 2: Austria (Spielberg)
July 9: Great Britain (Silverstone)
July 23: Hungary (Budapest)
July 30: Belgium (Spa-Francorchamps)
August 27: Netherlands (Zandvoort)
September 3: Italy (Monza)
September 17: Singapore (Marina Bay)
September 24: Japan (Suzuka)
October 8: Qatar (Losail)
October 22: USA (Austin)
October 29: Mexico (Mexico City)
November 5: Brazil (Sao Paulo)
November 18: Las Vegas
November 26: Abu Dhabi (Yas Marina)
From a U.S. perspective the F1 future seems really bright – Florida had that new race (in Miami) in 2022 while Texas has a new deal for the next five years through 2026 in Austin. With Nevada and Las Vegas also set to join the party in 2023, we will now have three races each year in the U.S.
How does F1’s Sprint Race format work in 2023?
We get the Sprint Race format at six races in 2023 – doubled from the three which took place in 2022.
Sprints will be held in 2023 in Azerbaijan, Austria, Belgium, Qatar, the United States (Circuit of The Americas) and Sao Paulo.
F1 Sprint Races sees the standard one-hour qualifying session moved to Friday, setting the grid for a 100-kilometre dash on Saturday. That then decides the starting order for Sunday’s main event.
F1 FAQ for 2022
Some of these questions might seem crazy, but they do get asked a lot. So here goes:
Is F1 rigged?
No, F1 is absolutely not rigged. Teams spend hundreds of millions of dollars every year to compete at the top. So Formula 1 betting is completely legit.
Can you bet on F1?
Absolutely, see above. The drivers and constructors F1 odds are the tip of the iceberg. There are a ton of prop bets available for each and every race too. For example which driver will leave the race first, and which one will drive the fastest lap. You can have a number of wagers to increase excitement during the race. Check out our full F1 betting guide.
There are also a ton of great signup bonus offers available:
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Do long shots win in F1?
Not very often, but yes it can absolutely happen. Pierre Gasly was around +150000 when he claimed an astonishing victory at the Italian Grand Prix in 2020.
Is F1 still dangerous?
F1 remains extremely dangerous, despite incredible advances in safety.
Only one F1 driver has died in the last 27 years (Jules Bianchi sadly perishing after spending nine months in a coma following a horrible accident in Japan in October 2014). More recently Romain Grosjean somehow survived that fireball in Bahrain in 2020.
So yes, while safety has improved a ton in recent years, the dangers remain very very real.
Just because these incredible drivers make it look ridiculously easy for the most part, doesn’t mean that it is.
What does F1 mean?
F1 is short for Formula 1 – the highest class of single-seater racing sanctioned by the FIA (Fédération Internationale de l’Automobile). There is also an F2 – a lower class – which drivers often race in before graduating to F1.
How does points scoring work in F1?
Drivers score points according to their finishing position in the race:
- 1st: 25 points
- 2nd: 18 points
- 3rd: 15 points
- 4th : 12 points
- 5th: 10 points
- 6th: 8 points
- 7th: 6 points
- 8th: 4 points
- 9th: 2 points
- 10th: 1 point
- The driver recording the fastest lap of the race gets a bonus point.
How does F1 qualifying work?
Qualifying takes place over three short sessions on the Saturday afternoon of each race weekend. Drivers are ordered based on their fastest one lap in each session.
Qualifying Session 1: All 20 drivers compete. The fastest 15 go through to Q2. The slowest 5 go out.
Qualifying Session 2: The remaining 15 drivers compete. The top 10 go through to Q3. The slowest 5 go out.
Qualifying Session 3: The remaining 10 drivers compete for the first 10 positions on the grid for Sunday’s race. The fastest takes pole position.