2024 Formula 1 World Championship Season Predictions & Betting Tips (March 2 – December 8)

2024 F1 Season Betting Preview & Tips

Formula One returns this term with the Bahrain Grand Prix 2024, and we are set for another potentially exciting season. There have been a lot of changes and upgrades among drivers, and a huge battle to watch out for is the tussle between Max Verstappen and Lewis Hamilton. This is the 75th edition of Formula One, and one major talking point is whether Max Verstappen can have another dominant season. Join us as we explore the new season of Formula One!

Key Info About The F1 Championship Season 2024

The 2024 F1 World Championship features different races across Formula One tracks, and this year, a new race has been introduced to take the tally to 24 races. Bahrain GP marks the opening ceremony as the culture, while the Abu Dhabi Grand Prix draws curtains on the regular season in December.

ℹ️ Tournament: 2024 Formula One World Championship
🧾 Format: 24 Races of the Regular Season, Points for Top Race and Sprint Performers
🛣  Venues: 24 Circuits across all Continents
🗓️ Dates: 2 March to 8 December 2024

    Formula One 2024 Schedule

    The 2024 F1 season has various race tracks in Australia, Europe, Asia, South America, and North America. Formula One brings a lot of excitement across cities, and this year’s event would be no different, starting from the Sakhir circuit.

    Race # GP Name Circuit Date
    1 Bahrain Grand Prix Bahrain International Circuit, Sakhir 2 March
    2 Saudi Arabian Grand Prix Jeddah Corniche Circuit, Jeddah 9 March
    3 Australia Grand Prix Albert Park Circuit, Melbourne 24 March
    4 Japanese Grand Prix Suzuka International Racing Course, Suzuka 7 April
    5 Chinese Grand Prix Shanghai International Circuit, Shanghai 21 April
    6 Miami Grand Prix Miami International Autodrome, Miami Gardens 5 May
    7 Emilia Romagna Grand Prix Imola Circuit, Imola 19 May
    8 Monaco Grand Prix Circuit de Monaco, Monaco 26 May
    9 Canadian Grand Prix Circuit Gilles Villeneuve, Montreal 9 June
    10 Spanish Grand Prix Circuit de Barcelona-Catalunya, Montmelo 23 June
    11 Austrian Grand Prix Red Bull Ring, Spielberg 30 June
    12 British Grand Prix Silverstone Circuit, Silverstone 7 July
    13 Hungarian Grand Prix Hungaroring, Mogyorod 21 July
    14 Belgian Grand Prix Circuit de Spa-Francorchamps, Stavelot 28 July
    15 Dutch Grand Prix Circuit Zandvoort, Zandvoort 25 August
    16 Italian Grand Prix Monza Circuit, Monza 1 September
    17 Azerbaijan Grand Prix Baku City Circuit, Baku 15 September
    18 Singapore Grand Prix Marina Bay Street Circuit, Singapore 22 September
    19 United States Grand Prix Circuit of the Americas, Austin, Texas 20 October
    20 Mexico City Grand Prix Autódromo Hermanos Rodríguez, Mexico 27 October
    21 Sao Paulo Grand Prix Interlagos Circuit, Sao Paolo 3 November
    22 Las Vegas Grand Prix Las Vegas Street Circuit, Las Vegas, Nevada 23 November
    23 Qatar Grand Prix Lusail International Circuit, Lusail 1 December
    24 Abu Dhabi Grand Prix Yas Marina Circuit, Abu Dhabi 8 December

    Formula One has 24 races this year, an increase from 23 held last year, and each track comes with different challenges and uniqueness for drivers.

    History of The Formula One Championship

    As usual, the 75th edition of Formula One is full of excitement, and the racing community is looking forward to the highest class of international racing. Ten teams with two drivers compete in a Formula One season, and the first race takes place at the Bahrain International Circuit in Sakhir. Max Verstappen won his third consecutive Drivers Championship title and recorded success with the Red Bull team in the previous season.

    Past Winners of The Formula 1 Drivers Championship

    Michael Schumacher and Lewis Hamilton hold the record for the most World Drivers’ Championships, both having won the title on seven occasions. Max Verstappen has won the last three Drivers Championships, and he is a huge threat to Lewis Hamilton’s record. The Belgian-Dutch driver has been a very popular bet on F1 races in the last three seasons.

    2023 1st: Max Verstappen
    2nd: Sergio Perez
    3rd: Lewis Hamilton
    2022 1st: Max Verstappen
    2nd: Charles Leclerc
    3rd: Sergio Perez
    2021 1st: Max Verstappen
    2nd: Lewis Hamilton
    3rd: Valtteri Bottas
    2020 1st: Lewis Hamilton
    2nd: Valtteri Bottas
    3rd: Max Verstappen
    2019 1st: Lewis Hamilton
    2nd: Valtteri Bottas
    3rd: Max Verstappen

    Past Winners of Constructors Championship Formula 1

    The Constructors Championship is also awarded based on the number of points at the end of the season, and the odds for each team are available on the sports betting sites. Ferrari has the most titles for a team in Formula One, but the Red Bull team has won the last two Constructors Championship titles.

    2023 1st: Red Bull Racing RBPT
    2nd: Mercedes
    3rd: Ferrari
    2022 1st: Red Bull Racing RBPT
    2nd: Ferrari
    3rd: Mercedes
    2021 1st: Mercedes
    2nd: Red Bull Racing Honda
    3rd: Ferrari
    2020 1st: Mercedes
    2nd: Red Bull Racing Honda
    3rd: McLaren Renault
    2019 1st: Mercedes
    2nd: Ferrari
    3rd: Red Bull Racing Honda

    2024 F1 Drivers Championship Odds & Favorites

    Two years of clear dominance by Max Verstappen left no chances for bookmakers on how they see the main favorite of the 2024 F1 season:

    Max Verstappen
    Best odds:
    1.30 (3/10)
    4.4
    100% up to $500
    T&Cs Apply
    Lando Norris
    Best odds:
    15.00 (14/1)
    4.4
    100% up to $500
    T&Cs Apply
    Lewis Hamilton
    Best odds:
    16.00 (15/1)
    4.4
    100% up to $500
    T&Cs Apply
    Charles Leclerc
    Best odds:
    17.00 (16/1)
    4.4
    100% up to $500
    T&Cs Apply
    George Russell
    Best odds:
    33.00 (32/1)
    4.4
    100% up to $500
    T&Cs Apply

    Being the second favorite before the previous season, another Red Bull driver, Sergio Perez, now is even outside the top-5 favorites. The breakthrough of the previous season, Lando Norris, claimed high and now is second, keeping his nose in front of Hamilton and Leclerc.

    Max Verstappen @ 1.30 (3/10)

    The brilliant Max Verstappen dominated the last two seasons of this Formula One, and he is back as the clear favorite to win. Max Verstappen crossed the 500-point mark in the Drivers standings last season, and he has the lowest Formula 1 2024 odds.

    Lando Norris @ 15.00 (14/1)

    Lando Norris signed a new deal with McLaren, and he sits in the top five favorites according to the auto racing bookies. The British and Belgian racing driver will be looking to repay the trust of the team after a long-term extension.

    Lewis Hamilton @ 16.00 (15/1)

    According to the bookmakers, the British racing driver is still far off the top despite Lewis Hamilton’s shock move to Ferrari after this season. The British professional driver made it to the top three of the drivers’ standings last season, although much of that has to do with a drastic fall-off from Fernando Alonso.

    Charles Leclerc @ 17.00 (16/1)

    Charles Leclerc was absent for some parts of last season, but he did enough to finish in the top five of the drivers standings. The Monacan racing driver was able to cross the 200-point mark with the Ferrari team last year, and he was on the podium in his last two races.

    George Russell @ 33.00 (32/1)

    George Russell ended the 2023 Formula One season with a podium finish in Abu Dhabi, and he is looking to carry on that momentum into the new season. The 26-year-old is a huge underdog compared to the rest of the top favorites on the 2024 F1 season predictions.

    F1 Drivers Championship 2024 Betting Tips

    Drivers Championship – Winner Without Max Verstappen – Charles Leclerc @ 3.50 (5/2)

    Risky Bet
    Drivers Championship - Winner Without Max Verstappen - Charles Leclerc
    Best odds:
    3.50 (5/2)
    Agree with prediction?
    (1 voted)

    0

    (100%) 1

    Charles Leclerc struggled with fitness at the beginning of the season, but when available for races, the Monacan motorsports racing driver finished second in his last two races, and there are few drivers better than him. Max Verstappen is likely to be his biggest challenge, and by taking the Red Bull driver out of the picture, a win can come for Charles Leclerc. A bet on ‘il Predestinato’ to win without Max Verstappen has pretty attractive Formula 1 2024 odds to take.

    Max Verstappen To Finish In The Points In Every Race @ 4.00 (3/1)

    Risky Bet
    Max Verstappen To Finish In The Points In Every Race
    Best odds:
    4.00 (3/1)
    Agree with prediction?
    (1 voted)

    1 (100%)

    0

    Last season solidified Max Verstappen’s status as one of the best drivers of his generation. The Belgian-Dutch racing driver clinched the driver’s championship title for a third consecutive season, and he was brilliant from start to finish. Max Verstappen secured a top-ten finish in all his races last season, and the worst he ranked was a fifth-place at the Singapore Grand Prix. Backing the current champion to score a point finish in all races is a good bet on the 2024 F1 Drivers Championship predictions.

    2024 F1 Constructor Championship Odds & Favorites

    Here is how the bookmakers see the chances of racing teams to grab the Constructors’ Championship title:

    Red Bull
    Best odds:
    1.20 (1/5)
    4.4
    100% up to $500
    T&Cs Apply
    Ferrari
    Best odds:
    10.00 (9/1)
    4.4
    100% up to $500
    T&Cs Apply
    Mercedes
    Best odds:
    13.00 (12/1)
    4.4
    100% up to $500
    T&Cs Apply
    McLaren
    Best odds:
    15.00 (14/1)
    4.4
    100% up to $500
    T&Cs Apply
    Aston Martin
    Best odds:
    67.00 (66/1)
    4.4
    100% up to $500
    T&Cs Apply

    Just like with the Drivers Championship, bookies don’t see many chances for anyone except Red Bull and insane Verstappen as the main point contributor. The potential competition may come from the side of Ferrari, Mercedes, and McLaren, while Aston Martin is miles away in this competition before the Formula One 2024 season.

    Red Bull @ 1.20 (1/5)

    The Red Bull team will be fielding an unchanged driver line-up in 2024, as Sergio Perez partners World Champion Max Verstappen. They won the Constructors title last season, and they remain strong favorites to bag a seventh Constructors Championship.

    Ferrari @ 10.00 (9/1)

    Ferrari finished in the top three last season, only three points behind second-placed Mercedes, but they have a slight advantage on the sports betting websites. Charles Leclerc and Carlos Sainz are set to compete for the Ferrari team again, and the latter showed flashes of brilliance last season.

    Mercedes @ 13.00 (12/1)

    Mercedes sits behind Ferrari on the odds charts, and there was very little to separate the pair last season. The Mercedes team ranked second in the Constructors standings last year, but they were very far from the eventual winner, Red Bull.

    McLaren @ 15.00 (14/1)

    After a 159-point finish in 2022, McLaren improved their performance last season to break the 300-point mark. The team secured a top-five finish, and they will be going into the new season with Lando Norris and Oscar Piastri as drivers who can deliver even more.

    Aston Martin @ 67.00 (66/1)

    Aston Martin is an underdog to win the Constructors title, and they haven’t crossed the 300-point mark in the last three F1 seasons. Fernando Alonso was the shining star for Aston Martin in the first half of the last season, and the veteran is joined by Lance Stroll for the 2024 season.

    F1 Constructor Championship 2024 Betting Tips

    Red Bull Winning Margin to Be 200+ Points @ 2.25 (5/4)

    Event Prediction
    Red Bull Winning Margin to Be 200+ Points
    Best odds:
    2.25 (5/4)
    Agree with prediction?
    (1 voted)

    0

    (100%) 1

    Red Bull had one of the most dominant seasons ever in the history of Formula One as they finished first with more than 450 points gap over second position. The team retained their drivers heading into the new season, and they are clear favorites to win the Constructors Championship again.

    Winning the title is almost certain at this point, but there is a better offer backing Red Bull to finish ahead of second place by more than 200 points. This is one of the best offers on the 2024 Formula 1 Constructors Championship predictions.

    Aston Martin – Under 300 Points Total @ 3.00 (2/1)

    Event Prediction
    Aston Martin - Under 300 Points Total
    Best odds:
    3.00 (2/1)
    Agree with prediction?
    (1 voted)

    0

    (100%) 1

    The Aston Martin team has been on a decline in the last few years, and they haven’t made many changes heading into the new season. An aging Fernando Alonso is their main hope going into the 2024 season, and he isn’t at his best anymore to deliver great performances for the team. Aston Martin has failed to surpass the 300-point mark in their last three seasons, and this year shouldn’t be any different. A bet on the team to end with less than 300 points is a very valuable offer available on any bookmaker app.

    Our Season 2024 Formula 1 Betting Picks

    With 24 races in the Formula One season, there are many exciting betting picks for the new season. Below are the best F1 2024 season betting tips:

    Max Verstappen To Finish In The Points In Every Race
    Best odds:
    4.00 (3/1)
    4.4
    100% up to $500
    T&Cs Apply
    Red Bull Winning Margin - 200+ Points
    Best odds:
    2.25 (5/4)
    4.4
    100% up to $500
    T&Cs Apply

    Formula One is back in action in March, and the new season begins with high expectations and good bookmaker offers. Our expert betting tips and predictions can help you get the best offer from the 2024 F1 season.

    Austin
    Author
    Content Writer

    Austin is an avid Barcelona fan with a great interest in sports and sports medicine. He has a wealth of experience in the sports betting industry and has been featured on football quizzes.

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