We are on to the 2023 season now and the F1 odds are already available for the Azerbaijan Grand Prix in Baku at the end of this month.
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.
Max Verstappen is a red-hot favorite to claim a third straight drivers’ title after winning two out of the three races so far this season. Lewis Hamilton though looks a world away from competing for an eighth title.
Ferrari, best we don’t talk about them too much after a horrible start to 2023 when all that pre-season optimism disappeared into dust…
Get 5 x $100 Free Bets!
New customers only, participating states – 21+
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.
So far 2023 looks a case of rinse and repeat – Verstappen has won two races and finished P2 in the other after starting way down in P15 on the grid.
Here is all you need to know about the F1 odds in 2023.
Next Race: Azerbaijan Grand Prix Odds
So we have a four-week wait now until the next race in Azerbaijan on Sunday April 30.
The odds though are already available, and here is the line to win the race:
- -200 Max Verstappen (BetMGM, Borgata)
- +480 Sergio Perez (FanDuel)
- +1200 Fernando Alonso (Widely available)
- +1600 Lewis Hamilton (DraftKings, BetRivers)
- +2500 Charles Leclerc (FanDuel, BetRivers)
- +3000 Carlos Sainz (DraftKings, FanDuel)
- +3000 George Russell (FanDuel)
NB: Odds correct April 5, 2023
F1 Odds 2023: Drivers Championship
Okay, at last we have title odds again, but already they are pretty grim reading.
Verstappen leads the line at a prohibitive -650 (bet $650 to win $100) while his nearest rival – Red Bull teammate Sergio Perez – is a massive +1600 (bet $100 to win $1600).
Hamilton is even bigger at +2800 but maybe there is just a little hope left after his surprising P2 finish behind Verstappen in Australia.
Here are the latest odds to be F1 world champion in 2023:
- -650 Max Verstappen (BetMGM, Borgata)
- +1600 Sergio Perez (Widely available)
- +2100 Fernando Alonso (FanDuel)
- +2800 Lewis Hamilton (FanDuel, Caesars)
- +5000 Charles Leclerc (Widely available)
- +5000 George Russell (Caesars, bet365)
- +12500 Carlos Sainz (Caesars)
NB: Odds correct on April 5, 2023
2023 Constructors Championship
Okay so the odds here are even more one-sided, with Red Bull a -1000 shot to win again. That STILL seems pretty generous to us right now after they opened up a 58-point lead after just three races.
Latest odds to be constructors’ champion in 2023 are:
- -100 Red Bull (BetMGM, Borgata)
- +2500 Ferrari (Widely available)
- +2800 Mercedes (FanDuel)
- +2800 Aston Martin (FanDuel)
NB: Odds correct on April 5, 2023
$250 Free Bet!
New customers, participating stages, 21+
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 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:
Teams
- No change – we have the same 10 teams putting cars on the grid
Drivers
- 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 23-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 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 joining 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:
| State | Sportsbook/Casino | Special Signup Bonus Offer |
| NJ, IL, IA, NY | PointsBet | Risk-Free bets up to $2000 |
| Multiple | BetMGM | First Bet Risk-Free up to $1000 |
| NJ | Unibet | $250 Risk-Free Bet |
| NJ | Unibet Casino | $10 free + $500 bonus on first deposit |
| IA | Unibet | $250 Risk-Free Bet |
| NY | BetRivers | Bonus Matched Deposit up to $250 |
| NJ | SugarHouse | Bonus Matched Deposit up to $250 |
| IL | BetRivers | Bonus Matched Deposit up to $250 |
| CT | SugarHouse | Bonus Matched Deposit up to $250 |
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.