Best Formula 1 Betting Sites & Apps

Formula 1 betting has become more popular recently, with more fans joining the action. It’s all about the speed, the strategy, and the spectacle. This sport presents punters with many betting markets and options. Seeking the best Formula 1 betting sites? This guide’s got you covered. I’ll walk you through all you need to know.

Top 3 bookmakers for betting on Formula 1
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Formula 1 is an exciting sports event with multiple betting markets. The best platforms for betting on this sport bring a lot to the table. You’ll find sharp odds, a wide range of markets, and live streaming that puts you right in the action.

The massive popularity of Formula 1 means you won’t struggle to find betting options. But here’s the thing – while betting on races is easy to access, the real challenge is spotting the best betting sites. In this guide, I’ll help you navigate that and find the best bookmakers.

Full List of the Best F1 Betting Sites

Formula 1 is one of the world’s most popular sports, so it shouldn’t surprise anyone to learn that it’s also well-covered by most online bookmakers, so finding Formula 1 betting sites isn’t difficult. Many bookies will accept Formula 1 wagers, so betting on F1 races is available to anyone, but the trick is to know where to find the best sportsbooks for Formula One betting.

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The first thing to look for in a good Formula 1 betting site is a solid reputation and security. You should only register with wagering sites that are legal, legit, and have a solid reputation among bettors, so it’s generally best to follow the BetZillion destination for digital betting, we can recommend you established brands such as Betsson, Paddy Power, William Hill, Wynn Sportsbook, and MGM Bet.

Besides ensuring that the Formula 1 bookmaker you intend to use is safe, you should also check the quality of betting odds on F1 and the betting markets. It would help if you always prioritize bookmakers with generous odds and those with enough markets, so you can place any bets on F1 you want.

The availability of bonuses, promotions, and Formula 1 free bets is a bonus. While not as crucial as Formula One betting odds or market coverage, the best bookies for Formula 1 betting will also have solid promotional offers.

Likewise, it would help if you didn’t ignore the bookmakers’ banking options. To enjoy online Formula 1 betting with Bitcoin, you should naturally select a Formula 1 sports betting site with crypto deposits. Moreover, it’s essential to check if the bookmaker has any added fees and the speed of transactions.

Lastly, it’s advisable to register with bookmakers that offer Formula 1 betting apps. Even if you don’t intend to bet exclusively from your phone, having the option to do so is highly advantageous.

How Our Experts Rank the Best Formula One Betting Sites

We must direct our readers and help punters find the best bookmakers with the best betting odds on Formula 1. Yet there’s more to finding solid bookies for Formula 1.

A good betting site must also be safe and secure, ensuring your money and personal information are safe. So we take extra care in reviewing all bookmakers to ensure that all sportsbooks we recommend are licensed, with a good reputation, and the correct values.

We also don’t forget to check the availability of betting promotions, mobile betting apps, and other features, such as Formula 1 live betting. With that, we ensure that the sportsbooks are a total package, offering everything anyone looking for solid Formula 1 betting sites would want.

Offers & Promotions

Betting bonuses and promotions are standard across all bookmakers, including Formula 1 betting sites. Although not all, most Formula 1 bookies will have some offers and promotions ready for their customers, and it’s not hard to find F1-exclusive offers either.

All betting sites will have a welcome offer, most commonly from a matched deposit bonus. With it, the betting site gives you free wagering cash the same size as your first deposit.

But while Formula One betting sites and other sportsbooks do a fine job rewarding new customers, most gambling sites will offer offers for existing players. Those are typically divided into 3 most common types – free bets, enhanced odds, and Acca insurance.

F1 Free Bets

Formula One free bets are among the most common offers on Formula 1 betting sites and all sportsbooks. As the name suggests, a free stake is a promotion that gives bettors free money to gamble with – and that’s done in one of many ways.

The most common way bookmakers offer free bets is via the welcome offer, giving you X amount of free money to wager. But besides giving out free bets to new customers, Formula One bookmakers also offer free bet promotions to existing users, handing out free wagering cash of the same size as the bettor’s average stake with the bookmaker.

Enhanced Odds

Enhanced odds are unique promotion bookmakers regularly offer during big Formula 1 races and are one of the best bonuses for those who bet on Formula One. As its name suggests, enhanced odds are a promotion that increases the odds, giving your F1 bets a higher potential payout.

For example, if Sky Bet offers 4.00 for Lewis Hamilton to win the next race, an enhanced odds offer would increase the odds to 5.00 or even higher. Most of the time, bettors don’t have to do anything to collect the enhanced odds offer, as it’s automatically applied when placing bets on F1.

Acca Insurance

Those who place multiple Formula 1 bets, will want to take advantage of Acca insurance promotions, which offer a safeguard if one of your various selections in an accumulator misses. Generally available during big races, Acca insurance promotion returns your initial stake on an accumulator of just one of your selections misses.

Although it’s generally used far more with football betting, some Formula 1 betting sites will have Acca insurance offers for those who bet on Formula One will be able to take advantage of.

F1 Betting Odds

Before placing your first bet on Formula 1, you must know how to read betting odds on F1. That’s pretty simple since the F1 odds don’t differ from the odds you’ll find betting on any other sport, and likewise, Formula 1 betting lines are just as simple to understand as football betting lines.

So if you know how to read sports betting odds, you’re set to start with Formula One betting. But there is one more thing to understand.

The betting odds on Formula 1 betting sites will differ from bookmaker to bookmaker. For example, FanDuel might have Max Verstappen priced at 2.50 to win the next race, while Paddy Power might have him priced at 3.00.

That’s because either the bookmakers don’t agree on the fair odds, or one of the Formula One bookmakers is slow to adjust the odds. As a bettor, you must understand that there will always be discrepancies in the offered odds since it allows you to take advantage of the situation and place great bets.

To consistently place Formula 1 best bets, having accounts with multiple Formula 1 Championship betting sites is advisable. That will allow you to price shop, i.e., look around and place bets with the sportsbook that has the best offer.

F1 Historical Odds & Results

Season World Drivers’ Champions & Odds Points % Points Margin % Margin
2012 Sebastian Vettel (10/11) 281 56.200 3 1.068
2013 Sebastian Vettel (5/4) 397 83.579 155 39.043
2014 Lewis Hamilton (5/2) 384 76.800 67 17.448
2015 Lewis Hamilton (4/6) 381 80.211 59 15.486
2016 Nico Rosberg (3/1) 385 73.333 5 1.299
2017 Lewis Hamilton (8/11) 363 72.600 46 12.672
2018 Lewis Hamilton (4/6) 408 77.714 88 21.569
2019 Lewis Hamilton (0.01/1) 413 75.641 87 21.065
2020 Lewis Hamilton (0.55/1) 347 78.507 124 35.735
2021 Max Verstappen (8/13) 395.5 69.692 8 2.023
2022 Max Verstappen (12/1) 454 76.174  146  32.159

Formula 1 Specials

Anyone who wants to bet on Formula 1 will learn it’s pretty straightforward. The main Formula One betting lines are easy to understand, and even those who have never bet on F1 races won’t struggle to learn the basics.

But there are also special bets on Formula 1 and an each-way bet on Formula 1, giving you more options when placing F1 bets. Yet even specials are very straightforward, as we’ll learn here.

Outright Betting for the F1 Championship

As the name implies, outright betting for the F1 Championship is a bet on Formula 1 on which the driver will win the championship. You can find this bet and the F1 outright winner odds under the futures or outright section on all Formula 1 betting sites.

Fastest Lap

A bet on the fastest lap is another one of self-explanatory F1 bets, allowing you to place a wager on which driver will secure the fastest lap. You can place this bet in either the qualifying run or the primary race itself, and it works the same way – a wager on which driver will drive the fastest lap over the entire race or qualifying run.

Safety Car during the Race

A bet on whether there will be a safety car during a race is one of the more exotic F1 bets, but you can rest assured that you’ll find betting odds on F1 specials on most Formula One bookmakers. By placing a wager on this market, you’re essentially predicting that there will be a significant accident or inclement weather during the race.

Race Winner Bets

A race-winner bet is the most common and straightforward option for those betting on F1. With it, you’re simply predicting which driver will win the next race, and it doesn’t matter how much or if he scored the fastest lap.

Driver Matchup Bets

Driver matchup bets are head-to-head F1 bets available on all Formula 1 gambling sites. It works the same way as any h2h bet, where you’re not predicting which driver will win the race but rather whether your chosen driver will place higher than his opponent.

Podium Finish Bets

As the name suggests, a podium finish bet is a very popular wager among those betting on F1, mainly because it’s simple. With it, you’re predicting whether a driver will finish the race inside the top three, so your bet will hit whether he places first, second, or third.

Top-6 Finish Bets

A top-6 finish builds on the podium finish wager, allowing you to predict whether a particular driver will end the race inside the top 6. It’s a simple wager and one of the most famous Formula One betting options among new and experienced F1 bettors.

World Drivers’ Championship Betting

World Drivers’ championship bet is one of the future F1 betting picks to predict which driver will win the drivers’ world championship. In other words, it’s a futures bet on which driver will end the season with the most points and be crowned the F1 world champion.

You can find F1 Championship odds on betting sites under the “outright” or “futures” market section.

Pole Position Bets

Some Formula 1 betting sites will also offer a pole position bet, which is a particular bet allowing you to predict which driver will start the race on the pole. In addition, any Formula One bookmaker will also offer this same bet as a bet on which the driver will win the qualifying race since doing so earns him the pole position.

Number of Victories Won by a Racer in a Season

As the bet’s name implies, a wager on the number of victories won by a racer in a season is a wager on precisely that. It is an over/under bet, which allows you to predict whether Max Verstappen will win more or fewer than 8 races in the next season.

Some betting sites will also allow you to predict the exact number of races a driver will win, and while this option is far more complicated to predict, few stats can help you with it. But it also comes with far more generous betting odds.

Winning Margin Bets

A winning margin bet is a wager that you can use to predict the margin between the winner of the next race and the runner-up. It’s an over/under wager, where the Formula 1 betting sites can offer markets such as 0.01-0.1 seconds, 0.11 – 0.20 seconds, and so on.

Driver / Team Specials

Besides the mentioned special bets, Formula 1 betting sites offer a plethora of other driver and unique team wagers. Some of the most common are constructors double, both drivers to finish in the points, drivers to crash, and fastest pit stop.

There are plenty of special bets on Formula 1. Still, most of the time, you’ll use straight wagers, which are typically very simple to understand, and there are more than enough to give you enough Formula 1 Championship betting options.

Futures Bets

Futures bets are all F1 betting picks made on an event that will happen in the future. Some of the most common include wagers on which driver will win the championship, which constructor will win the constructor championship (F1 constructor odds), and the total number of races won by the end of the season.

Prop Betting

Formula 1 bookmakers will offer prop bets, wagers that aren’t directly related to how the next race will end. Technically there is an endless list of prop bets you can place, but some of the most common are: will there be a safety car, a driver crash, and a new lap record?

Win, Place, and Each-Way Betting

Win, place, and each-way bets on Formula 1 are the most common and popular F1 bets and the simplest to use. A win bet is a wager on which driver will win the next race, while a place bet is a wager on whether a driver will place, i.e., finish on the podium.

Each-way betting in Formula One works the same way as in other sports and is available on all auto racing betting sites. However, one unit each way bet on Hamilton to win Monza is essentially the same thing as placing half a unit on Hamilton to win the race and half a unit on Hamilton to finish top three.

Famous Formula 1 Betting Markets

Formula One is a reasonably simple sport, but the Formula betting markets are generous with their options. Admittedly, the offer will vary depending on which Formula 1 bookmaker you’re using, but all betting sites, or Formula 1 betting apps, will have the following (most popular) betting markets.

Qualifying Markets

Qualifying markets are available only before the qualifying race, but they’re similar to the markets you’ll find when betting on the actual race. You can still bet on which driver will win, place top three, which driver will score the fastest lap if there is a crash, and anything in between.

Generally speaking, betting on qualifying races is the same as betting on the actual race.

Practice Markets

Only some Formula 1 betting sites will offer betting markets on practice races. It’s much easier to find a bookmaker who won’t than one with practice markets.

Driver to Retire Markets

A bet on which driver will retire is a proposition wager, used to predict whether a particular driver will end the race before finishing it for one of many reasons, including engine failure or a crash.

Team / Constructor Markets

Like there are many drivers’ markets, you’ll also quickly find constructor markets, which are slightly different but easy to understand. One of the most common race team markets is whether both drivers on the team will score points, i.e., finish the race inside the top 10.

Combined Markets

Combined markets allow you to bet on drivers and constructors and are often just combinations of the two bets. One example would be Red Bull drivers finishing in the points and Max Verstappen winning the race.

Likewise, there are combined futures bets, such as Mercedes winning the constructors’ championship and Max Verstappen winning the drivers’ championship.

Biggest Races for F1 Betting

A Formula One season can consist of as many races as the organizers decide, but generally, there are around 20 races per season. And while all races are exciting, some draw more attention from the fans and those who bet on Formula 1.

Some of the biggest and most popular races among those who bet on Formula One include:

  • Bahrain Grand Prix
  • Italian Grand Prix
  • Australian Grand Prix
  • Azerbaijan Grand Prix
  • Brazilian Grand Prix
  • British Grand Prix

Racetracks and Formula One Betting

A Formula One season occurs worldwide across dozens of countries and tracks, each with its characteristics, unique features, and challenges. No F1 track is alike, a rule for every motorsport and its trails.

Why the Track Affects F1 Betting Strategy

There are many reasons to consider the track when you bet on Formula 1, mainly because no way is the same, so naturally, drivers will perform differently depending on which track the race will take place on. Even bookmakers know that, so you’ll see vastly different betting odds on the F1 race, depending on the track.

Weather Conditions

Much like how the track type will affect how any F1 race will play out, you should also consider the weather when you bet on Formula One. It’s no secret that temperature and rain will heavily affect how the race will go, and it’s no secret that some drivers tend to perform better in rainy conditions than others.

Then there’s also the effect the weather has on the tire wear, fuel efficiency, and overall performance of the cars, with some vehicles performing better in dry conditions while others might shine on wet tracks.

Overtaking Spots

The overtaking spots are the most significant factor that differentiates tracks from one another. Some ways will include multiple overtaking locations, while others are limited. t Considering if you plan to place a bet after the qualifying race is significant.

If a track has few overtaking opportunities, the driver who starts on the pole will have a much higher chance of winning the race. But if a way has many overtaking spots, you can freely bet on drivers who start the race from further behind and find solid betting opportunities.

Starting Grid

Starting the grid is essential in F1, especially on tracks where it’s tough to overtake. And then there’s also the chaotic start which can easily lead to mistakes and early crashes – depending on the starting position.

Driver Preference

An important F1 betting strategy is considering the driver’s past performance on the track. If X driver won on the specific way 5 times in a row, it’s clear he likes the race and is likely in a good spot to win it again.

F1 Monaco Track Profile

  • First race: 1950
  • Total laps: 78
  • Track length: 3,337 km
  • Key features: one of the most demanding races in F1, with little to no overtaking opportunities

F1 Monza Track Profile

  • First race: 1950
  • Total laps: 53
  • Track length: 5,793 km
  • Key features: Home of Ferrari, Monza offers fast sections, a wide track, and many overtaking opportunities

F1 Circuit of Americas Track Profile

  • First race: 2012
  • Total laps: 56
  • Track length: 5,513 km
  • Key features: Arguably one of the most exciting races on the F1 calendar, with plenty of variety and challenges

Other F1 Circuits

Besides the mentioned tracks, F1 is filled with many great races. Some of the most popular include:

  • Baku City Circuit – 51 laps, 6,000 km
  • Red Bull Ring – 71 laps, 4,318 km
  • Silverstone – 52 laps, 5,891 km
  • Hungaroring – 70 laps, 4,381 km
  • Yas Marina Circuit – 55 laps, 5,554 km

An F1 season regularly features exciting races that will not leave any F1 fan indifferent. However, a few races are the most popular among punters and are periodically available on bookies for Formula 1. Some of the biggest and most popular F1 races include:

Bahrain Grand Prix

Held at Bahrain International Circuit, it marks the first race of an F1 season, making it a fascinating race to follow. It’s also the first official race in which we get to see the new cars and technological improvements made by the teams, adding another layer of excitement to the season opener.

Monaco Grand Prix

One of the most beautiful races on the F1 calendar, held at Circuit De Monaco, the Monaco Grand Prix is, in the eyes of many people who bet on Formula One, one of the best F1 races in the history of the sport. Due to its popularity, many bookmakers for Formula 1 will also offer special promotions for Monaco Grand Prix betting.

Italian Grand Prix

A historic race at the Monza Circuit has long been regarded as the most exciting F1 race of the season. The track is extensive, allowing for many overtaking opportunities, which adds to the excitement of the track that has produced some of the best F1 races in history.

Abu Dhabi Grand Prix

Abu Dhabi hosts the F1 Championship Finals on the awe-inspiring Yas Marina Circuit, which regularly produces one of the most awe-inspiring races of the season, including the 2021 finals, when Max Verstappen dethroned Lewis Hamilton and became the new F1 world champion.

F1 Bet of the Day

Among all the numerous F1 races, everyone can find the bet with the best opportunity for today.

WHAT IS THE BEST BET FOR TODAY?

Find Out

Formula 1 bet of the day is a great chance to apply this easy-to-use bonus.

Greatest Ever Formula 1 Drivers

Formula One has seen many exceptional drivers throughout its +70 year-long history, yet a few stand out as legends in the sport. Some of the most excellent Formula One drivers in history include:

  • Ayrton Senna – 3 x world champion, 41 race wins
  • Juan Manuel Fangio – 5x world champion, 24 race wins
  • Lewis Hamilton – 7x world champion, 103 race wins
  • Michael Schumacher – 7x world champion, 91 race wins
  • Jim Clark – 2x world champion, 25 race wins
  • Alain Prost – 4x world champion, 51 race wins
  • Niki Lauda – 3x world champion, 25 race wins

Best Ever Formula 1 Teams

Like many exceptional F1 drivers who carved their names in the history books due to their success, some teams will go down in history as the most successful in F1 history.

Yet out of all the teams that competed in F1, one stands out as the most successful.

  • Ferrari – 16 constructor titles
  • Williams – 9 constructor titles
  • McLaren – 8 constructor titles
  • Mercedes – 8 constructor titles
  • Lotus – 7 constructor titles
  • Red Bull – 5 constructor titles

Most Successful F1 Nations

Throughout F1 history, there have been 34 F1 world champions, hailing from 16 other countries. Still, only 2 nations have won more than 10 F1 world championship titles.

  • United Kingdom – 20 titles (10 drivers)
  • Germany – 12 titles (3 drivers)
  • Brazil – 8 titles (3 drivers)
  • Argentina – 5 titles (1 driver)
  • Finland – 4 titles (3 drivers)
  • Australia – 4 titles (2 drivers)
  • Austria – 4 titles (2 drivers)
  • France – 4 titles (1 driver)

Best Formula 1 Betting Apps

If you’re a mobile bettor, consider finding Formula 1 bookmakers offering Formula 1 betting apps. Even though you can easily find betting odds on F1 and bet on race via a mobile website, a mobile app is far more convenient to use.

Unlike mobile websites, the Formula 1 mobile app is stable, works better, and offers a much better user experience. Moreover, you’re not limited when using an app with all the features found on the desktop version, including all markets and Formula 1 live betting.

Some Formula 1 betting sites will even have special promotions for F1 betting apps, so even if you’re not exclusively a mobile bettor, that’s an added benefit.

How to Bet on Formula 1

Betting on F1 is reasonably straightforward, and your approach is no different from betting on any other sport. And it all starts with finding a solid F1 bookmaker.

  • The first and most important thing you’ll need to do before you can start betting on Formula One is find a reliable, safe, legit bookmaker with competitive odds and enough betting markets.
  • You should register with multiple Formula 1 betting sites to price shop, i.e., look for the best odds and take advantage of all bonuses and offers.
  • Before you place your bet, you must also research the race. This way, you’ll be able to find solid betting opportunities, as you should only bet on something you’re confident in.
  • Following drivers’ social media and news outlets to stay on top of what’s happening in the F1 world will greatly benefit you on your journey to becoming a professional F1 bettor. Or, if you’re looking for a shortcut, you can follow reliable F1 tipsters offering F1 bet tips, acc1 F1 tips, and betting previews.
  • Lastly, you must approach betting on F1 slowly, especially if you’re new. Always bet with only what you can afford to lose, and never chase losses. Even if losing streaks come, you’ll come out on top if you’re doing the right things, and remember – betting is a long-term process, not something that will make you rich overnight.

Formula 1 Live Betting & Live Streaming

Live betting is not for everyone, but it’s an alternative way to betting on sports. For F1, the live betting options are relatively limited compared to other sports, mainly because bookmakers often need to be more efficient when setting the live odds.

Live betting often offers better opportunities, mainly because bookmakers struggle to accurately offer live betting odds on F1 races. And if you can recognize their mistakes, you can easily find value bets. Nevertheless, F1 live betting is available on all good auto racing betting sites and can be a part of an F1 betting strategy.

But if you plan to place live Formula 1 bets, then you have to do it on a bookmaker that offers live streaming, as only this way will you be able to follow the action and make the right decisions. You can still watch the F1 race from your TV or a streaming platform, but having the stream on the bookmaker is far more convenient.

Formula 1 Betting Tips & Predictions

There’s no such thing as F1 betting tips that will guarantee you profits, but there are benefits to reading online Formula One betting previews from experienced bettors. That’s especially true if you’re new to F1 betting and need help finding solid bets.

Betting previews and Formula 1 bets predictions are a great source of information, offering stats and other information you can use to decide what Formula 1 bets you’ll place. Even the most experienced F1 bettors will look around for a betting preview to get a second opinion on the race, which will help them decide which F1 bets to place.

If you’re new to F1 betting, online betting tips and previews can help you determine what to look for when deciding on your bets. So even though you should eventually bet on only what you think is correct, there’s no harm in following online tipsters to help you on your journey.

Pay Attention to Track and Seasonal Form

When deciding which Formula 1 bets you place, it’s essential to consider the track and seasonal form. That’s pretty obvious as it applies to any sport – you have to consider the athletes’ shape and where the game will take place – since some drivers tend to perform better on specific tracks.

Tyres and Track Temperatures

Tyre choice is crucial in all motorsports, and F1 is no exception. Often the teams will decide which tyres to choose depending on the weather and temperature, and it’s not too uncommon for them to make a mistake, so keep track of tyre choice as it’s an essential piece of information that will help you find solid F1 bets.

Be Aware of the Weather Forecast

As noted above, weather significantly affects how any F1 race will play out. It’s no secret that some drivers perform better in particular weather, so if, for example, the race is expected to see rain, then betting on a driver who does well on wet tracks is usually the right play.

Speed vs. Consistency in Formula One

There are massive differences between F1 teams and the cars they use. Although there are rules in place to make the field as even as possible, there are still differences in how the cars perform. Some cars are better on tracks that allow for high speeds, while others do better on tracks with many curves, so before you place your bet, consider the track layout.

Watch the Warm-Ups and the Qualifiers

Watching warm-up, especially the qualifying races, can significantly help you decide your F1 bets. Although some drivers struggle to perform in qualifiers but then step up in the race, the qualifying race can give you a glimpse of which drivers feel more confident on the track.

How F1 Betting Strategy Changes Through the Season

Betting on Formula 1 can be very simple with the right strategy. However, you should know that the strategy will change throughout the season, so you have to consider when placing bets as there are different things to consider.

Betting at the Start of the Formula 1 Season

Betting at the start or even before the Formula One season starts requires a different approach than wagering in the middle of the season. Although early-season betting often offers excellent opportunities, finding the right bets takes time, as many moving pieces and unknowns exist.

Follow the Pre-Season Tests

All Formula 1 teams will undergo pre-season testing before the season starts, which is an excellent starting point for collecting stats. You can find all the pre-season results and information on F1’s official website, including results, car changes, and more.

Rule Changes

FIA is expected to implement rule changes after each season, and while some are unimpactful, others can drastically change how the next season will play out. Pay close attention to the rules change, as it’s one of the most critical information for pre-season betting.

Follow the Rumors

Following social media and media outlets before the season starts is smart, as it can offer valuable information about the teams, drivers, and cars. Things like internal turmoil in a team, driver dissatisfaction, and other teams can be vital information that can help you find solid season bets.

Betting Towards the End of the Formula 1 Season

Betting in the middle or toward the end of the season is entirely different from gambling in the early season or even before the year starts. Although no more challenging, you must have a different approach when looking for mid-season betting opportunities.

Pushing One of the Drivers

It’s common for teams to build a strategy to benefit one driver on his quest to win the world championship. Even though the teams often decide on that before the season starts, if driver A (who was supposed to support driver B) collected more points, his team

No Risks

If 2 teams are in a tight race for the constructors’ title, drivers are instructed to take fewer risks, resulting in slightly more predictable outcomes.

Developing the Car for Next Season

Some teams that can no longer compete for the title will redirect their resources into developing their cars for the next season, which typically sees their current performance suffer.

Drastic Changes in the Conditions

The track conditions are a significant factor when betting on F1. Some cars perform better in certain situations but worse in others due to temperature and rain. So even if a driver has done well in one race, he is only sometimes guaranteed to do well in the next.

For example, an F1 schedule can go from Bahrain to Italy in back-to-back races, with the two tracks offering vastly different conditions. Likewise, the move from the Australian Grand Prix to any other race on the calendar will result in various track conditions in back-to-back races.

History & Facts

Formula One has been around since 1950, and throughout all those years, it has seen many changes and improvements to make it the sport it is today. While some argue that the early 2000s F1 was far more exciting, there’s plenty to like about the modern day-era of F1.

Here are some of the most exciting facts about F1 you might not know about:

  • On average, an F1 car costs about $7 million.
  • Although F1 engines are a technological masterpiece, producing up to 1000hp, they can’t start if cold, so all engines are preheated before the race.
  • F1 brake disks can reach 1,000 degrees Celsius.
  • While many F1 drivers nowadays are relatively young, the average age of an F1 driver in the inaugural season (1950) was 39, with 3 competitors older than 50, including Philip Etancelin (53).
  • An F1 car can go from 0 to 160 km/h and brake to zero in 4 seconds.

Bernie Ecclestone Settles Bribery Charges

In 2013, F1 entrepreneur Bernie Ecclestone was found guilty and charged with bribery related to the 2005 sale of Formula One and was, 9 years later, in 2014, required to pay a £60m settlement fee to have the charges dropped.

The 2002 Austrian Grand Prix

The 2002 Australian Grand Prix went down in history for its controversial finish of the race when Rubens Barrichello listened to his team’s orders to slow down and let Michael Schumacher pass him to win the race and collect the maximum points. This incident led to the introduction of a new rule which prevents teams from giving out orders which can affect the race’s outcome.

The Most Expensive F1 Races

It’s not cheap to hold an F1 race; all countries that want to pay enormous sums of money have that privilege. The highest spenders are Malaysia, Abu Dhabi, and Singapore, some countries that can afford to pay approximately 40 million annually to host an F1 race.

Safety in Formula One

Throughout F1 history, the sport has seen some horrific crashes and incidents, which led to rapid improvements in the cars’ safety. Although F1 races will never be completely safe, the current F1 cars are equipped with the latest technology, contributing to minimizing injuries and deaths of F1 drivers.

History of Safety Features

Throughout the years, F1 has consistently added new safety features to F1 cars equipped with several tools today. That includes a 6-point harness, a fire extinguisher, a detachable steering wheel, roll-over bars, smaller car width, a higher cockpit, 3 tethers on each wheel, and a HALO.

1955 Le Mons Horror Crash

Although not an F1 racer, the 1955 Le Mons Horror Crash was among the world’s worst car crashes. It occurred on June 11, 1955, during the 24 Hours Le Mans, when a crash caused large pieces of debris to fly around, killing 83 spectators and a French driver Pierre Levegh, and injuring 180 more people.

Worst Ever Crashes, Incidents, and Formula One Deaths

Formula One has seen many crashes throughout its history, but thanks to technological advancements and new safety features, crashes with severe injuries and deaths have become far more scarce.

The most recent F1 crash, which resulted in a death, happened on September 7, 2017, when David Ferrer died on Circuit Park Zandvoort during the Historic Grand Prix. It was the first death since October 5, 2014, when Jules Bianchi collided with a recovery vehicle during the Japanese Grand Prix and later died in a hospital.

To date, there have been 52 deaths due to a crash in a Formula race.

Formula 1 Overview

Before we end our article, here are some interesting facts about Formula 1 and betting on F1 you might need to learn about.

  • Ferrari is the most successful F1 constructor with 16 titles, followed by Williams, McLaren, Mercedes, and Red Bull.
  • The most successful F1 drivers in history include Ayrton Senna, Michael Schumacher, Juan Manuel Fangio, Lewis Hamilton, Jim Clark, Alain Prost, and Niki Lauda.
  • Of all the drivers, Lewis Hamilton and Michael Schumacher have won the most world championship titles (7), followed by Juan Manuel Fangio with five, Alain Prost with four, and Ayrton Senna and Niki Lauda, who have won three apiece.
  • Similar sports to F1 include NASCAR, IndyCar, Rally, and Formula E.
  • Formula One season is held worldwide, with some of the most notable stops including Abu Dhabi, Australia, Austria, Italy, Germany, and Hungary.
  • The most popular bookmakers for Formula 1 are Bovada, Sky Bet, FanDuel, Betsson, and Paddy Power.

Bottom Line

That concludes our article, teaching you everything you need to know about betting on Formula 1. Equipped with all that knowledge, you’re ready to find the best bookmakers with top F1 championship odds and place Formula 1 bets!

Sergio E
Author
CEO & Founder

Sergio is our CEO and betting expert. He is a big football fan. Sergio is the guy that runs it all and the one who got the BetZillion idea. Sergio’s favourite sports include football, handball, futsal, American football, and boxing.

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