F1 Odds, Predictions: This Week’s Grand Prix & Futures Odds

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Red Bull driver Max Verstappen of the Netherlands celebrates after winning the Abu Dhabi Formula One Grand Prix race at the Yas Marina Circuit, Abu Dhabi, UAE, Sunday, Nov. 26, 2023.
(Kamran Jebreili/AP Photo)
Nick Hennion @nickhennion May 17, 2024, 11:05 AM
  • Three-time world champion Max Verstappen is a favorite to win the Emilia Romagna Grand Prix and the Driver's Championship.
  • Correlatively, Red Bull Racing is a sizable favorite to win the constructor’s championship.

Get the latest F1 odds for the two main futures markets along with this week’s Emilia Romagna Grand Prix. 

This week at Imola, only three drivers are 10/1 or shorter to win the grand Prix. Max Verstappen, winner of all but two races this season, is the favorite at -350.

Lando Norris, who claimed his maiden grand prix victory in Miami, is down to +700 to win this week’s race. Finally, lead Ferrari driver Charles Leclerc is +800 to win.

Here’s a look at how the rest of the outright market shapes up for the Emilia Romagna Grand Prix

F1 Odds — Emilia Romagna Grand Prix

Formula 1 DriverOpening Odds
Max Verstappen-350
Lando Norris+700
Charles Leclerc+800
Carlos Sainz Jr.+1200
Sergio Perez+2000
Oscar Piastri+2500
George Russell+8000
Lewis Hamilton+8000
Fernando Alonso+8000
All Other Drivers+25000 or Higher

Emilia Romagna Grand Prix Predictions

Sergio Perez Podium Finish (+100)

I rate this a great buy-low spot on Perez, who is coming off his second non-podium of the season in Miami. 

However, bettors should expect the secondary Red Bull driver to excel at a track with dissimilar characteristics to Miami.

Both of Perez’s P4 or worse finishes this season have come at high downforce tracks, where Red Bull’s advantage in the straights is mitigated. 

However, sample the three races at tracks that reward straight-line speed — Bahrain, China, and Saudi Arabia — and bettors will find that Perez has finished atop the podium in all three. 

Two of those have come with room to spare as he recorded a P2 finish in Bahrain and Saudi Arabia. 

Perez, along with Red Bull, have a strong history at this circuit. 

The last time Imola hosted an F1 grand prix in 2022, Perez and teammate Max Verstappen finished P1-P2. 

Slightly concerning is the fact Perez finished P11 here in 2021, but it came after he qualified P2. 

Plus, the grand prix featured wet weather, with Perez receiving a penalty for overtaking a safety car. 

For those reasons, take Perez to secure a podium finish in Italy.

In the two main futures markets, reigning world champion Max Verstappen opened as a -600 favorite to win his fourth straight title. Currently, Verstappen is -2000. 

Red Bull Racing – the constructor led by Verstappen – opened -650 to earn the most points in the constructor’s championship. Currently, Red Bull is -1400. 

Since 2000, the constructor with the championship-winning driver has also won the constructor’s championship in all but two years. 

Here’s how the rest of the odds shake out for the driver’s championship for drivers currently +10000 or shorter to win the championship. 

Formula 1 Odds – 2024 Drivers Championship

Formula 1 DriverOpening OddsCurrent Odds
Max Verstappen-600-2000
Charles Leclerc+1000+1600
Lando Norris+1600+1600
Carlos Sainz Jr.+2500+5000
Sergio Perez+2800+5000
Oscar Piastri+6600+8000

Formula 1 Odds – 2024 Constructors Championship

Formula 1 ConstructorOpening OddsCurrent Odds
Red Bull Racing-650-1400

2024 F1 Schedule & Results

Grand PrixRace Winner
Bahrain Grand PrixMax Verstappen
Saudi Arabian Grand PrixMax Verstappen
Australian Grand PrixCarlos Sainz
Japanese Grand PrixMax Verstappen
Chinese Grand PrixMax Verstappen
Miami Grand PrixLando Norris
Emilia Romagna Grand Prix-
Monaco Grand Prix-
Canadian Grand Prix-
Spanish Grand Prix-
Austrian Grand Prix-
British Grand Prix-
Hungarian Grand Prix-
Belgian Grand Prix-
Dutch Grand Prix-
Italian Grand Prix-
Azerbaijan Grand Prix-
Singapore Grand Prix-
United States Grand Prix-
Mexico City Grand Prix-
São Paulo Grand Prix-
Las Vegas Grand Prix-
Qatar Grand Prix-
Abu Dhabi Grand Prix-

Teams & Drivers in 2024 World Championship

Alpine-RenaultPierre Gasly & Esteban Ocon
Aston Martin Aramco-MercedesFernando Alonso & Lance Stroll
FerrariCharles Leclerc & Carlos Sainz Jr.
Haas-FerrariKevin Magnussen & Nico Hülkenberg
Kick Sauber-FerrariZhou Guanyu & Valtteri Bottas
McLaren-MercedesLando Norris & Oscar Piastri
MercedesLewis Hamilton & George Russell
RB-Honda RBPTDaniel Ricciardo & Yuki Tsunoda
Red Bull Racing-Honda RBPTMax Verstappen & Sergio Pérez
Williams-MercedesLogan Sargeant & Alexander Albon

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About the Author

Nick Hennion

Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.