F1 World Drivers’ Championship Odds
Max Verstappen is the strong favorite with odds of 1/4 to secure the 2024 F1 Drivers Championship. Red Bull is also positioned as the clear favorite to dominate the Constructor’s Championship this year. Bookmakers are also taking bets on the possibility of Lewis Hamilton retiring within the next 12 months.
Max Verstappen is heavy favourite at 1/4 to win F1 Drivers Championship
Max Verstappen, the Red Bull Racing driver, remains the overwhelming favorite at 1/4 odds to clinch the 2024 F1 Drivers Championship. Following his exceptionally dominant 2023 season, Verstappen continues to lead the betting markets with an 80% chance of securing the title.
Having claimed the championship for the past three consecutive years, Verstappen is poised to maintain his streak, supported by Red Bull’s anticipated competitive edge in car performance. Beyond the machinery, Verstappen’s exceptional driving prowess further solidifies his position as a standout contender on the grid. Now places him as the clear favorite to triumph in this year’s Championship.
| F1 Driver’s Championship 2024 | Odds | Probability |
|---|---|---|
| Max Verstappen | 1/4 | 80.0% |
| Lando Norris | 13/2 | 13.3% |
| Lewis Hamilton | 11/1 | 8.3% |
| Oscar Piastri | 20/1 | 4.8% |
| Charles Leclerc | 20/1 | 4.8% |
Red Bull Firmly Positioned as Favorites for the 2024 Constructor’s Championship
Verstappen’s continued dominance suggests that Red Bull is poised to clinch this year’s Constructors’ Championship. Once again partnered with Sergio Perez, Verstappen aims to secure Red Bull’s third consecutive team title. Despite Verstappen’s 2021 World Championship victory, Mercedes, led by Lewis Hamilton and Valterri Bottas, narrowly claimed the Constructors’ title in the season’s final race.
| F1 Constructors Championship 2024 | Odds | Probability |
|---|---|---|
| Red Bul | 2/7 | 77.8% |
| McLaren | 11/2 | 15.4% |
| Mercedes | 7/1 | 12.5% |
| Ferrari | 9/1 | 10.0% |
| Aston Martin | 33/1 | 4.3% |
Bookmakers Set Odds on Lewis Hamilton’s Retirement within the Next 12 Months
The latest betting specials for Formula 1 in 2024 indicate that Lewis Hamilton’s odds of retiring from the sport during the year are set at 5/1. This translates to an implied probability of 16% that Hamilton will choose to retire, despite having two seasons remaining on his contract with Mercedes. His active involvement in various business ventures off the track could potentially influence his decision to step away from racing.
