After back-to-back sweeps for the unstoppable Red Bull machine, Formula 1 makes its way down under. Max Verstappen will be looking for his third consecutive victory after cruising to wins in both Bahrain and Saudia Arabia. The Dutchman finds himself as the runaway favorite in the F1 Championship odds. As he continues to pull away with ease, the question becomes - can any driver stop the Red Bull hype train?
Let’s dive into the latest F1 Australian Grand Prix odds.
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Australian Grand Prix Odds
| Driver | Odds |
|---|---|
| Max Verstappen | -400 |
| Charles Leclerc | +400 |
| Sergio Perez | +1400 |
| Carlos Sainz | +1400 |
| Lando Norris | +2800 |
| Oscar Piastri | +4000 |
| George Russell | +5000 |
| Lewis Hamilton | +5000 |
| Fernando Alonso | +5000 |
| Lance Stroll | +10000 |
Odds as of March 22, 2024
Verstappen Huge Favorite...Again
At this point, it's becoming rather rudimentary. Verstappen lines up on pole position for the race and the green lights flash. Either a Ferrari or McLaren driver forces F1’s golden boy to defend around the first turn, and from there he pulls away. And continues to pull away as the race progresses, leaving the rest of F1 in the dust.
Betting against Max Verstappen in a Formula 1 race is not for the faint of heart. He’s the best driver in the sport, at the height of his powers, seated in the greatest racing machine. Only a critical error or technological failure can defeat Verstappen.
Those who would win cash on their bets are better off searching for value in qualifying. Verstappen can he had a -135 to finish on the pole. With the way he’s racing so far this season, I love those odds.
Australian Grand Prix History
The Australian Grand Prix is the second-oldest Australian motorsport event, and although the Grand Prix has moved frequently to 23 different venues, Albert Park has been the venue for the Australian Grand Prix since 1996.
Albert Park is a temporary facility, meaning that it can be considered a street circuit. The track is known for its bumpy surface and cars without a robust chassis and suspension have a hard time finding success. The track has been resurfaced over the last year, though, which should assuage matters.
Australian driver Lex Davidson and seven-time world champion Michael Schumacher have had the most success at the Australian Grand Prix with four race wins each. The Australian Grand Prix has been the Sportsbook race of the Formula 1 season for most seasons since 1996, except for 2006, 2010 and more recently from 2020 onwards.
Australian Grand Prix Race Information
The 5.3-kilometer-long track will play host to 58 laps of racing on Sunday, amounting to a total race distance of 307.5 kilometers. Famously, Michael Schumacher still holds the lap record with a 1:25.1 in-race lap in the legendary Ferrari F2004, and given the current cars are slower than last year’s cars, the lap record should remain intact over this weekend.
The track demands a compliant front wing as drivers are required to chuck their cars into corners at high speeds. So, teams will be looking to make the most of the free practice sessions to get their suspension set up and balance right. The track has also been changed in places, to make it racier.
Notably, Turn 6 has been widened by 7.5 meters to the drivers’ right, making it much faster. Further, the Turn 9/10 right-left has been scrapped and so Turn 6 will lead to a long, flat-out section. Needless to say, it is important to get Turn 6 absolutely right, or drivers will risk losing out on a flat-out section.
