The 2024 Formula 1 season is set to begin soon, and that is always a big sport when it comes to motorsports. Betting on the driver that is going to rack up the most points is one way to wager on this sport, but it’s not the only way to look at the odds.
The Constructors Championship is another major event when it comes to Formula 1 as this is a look at the team that is going to end up on top of the leaderboard. While there are going to be plenty of options with this market, there is also a pretty big favorite.
Now is a great time to bet on the Constructors Championship, especially if you are looking to bet on an upset. It might not be valuable to get on the current favorite, but those odds could also shift as well.
Formula 1 2024 Constructor’s Championship Odds | MyBookie F1 Betting Preview for the Season
2024 Formula One World Championship | 75th edition of the Formula One World Championship
March 2nd – December 8th, 2024
One Clear Favorite
When looking at the betting odds to win the Constructors Championship, one team is expected to stand out in a major way. That team is Red Bull Racing and the odds for that team to get it done are set at -429.
The reason that Red Bull Racing has the best odds to win the Constructors Championship is because this team is full of some of the best drivers. There are other ways to bet on team Red Bull Racing as well, and they are expected to control the season.
Betting on this team at -429 is not going to bring you much value, and it might be wise to wait until the odds shift in the other direction just a bit. If there is a loss early in the season then you might see the Red Bull Racing odds go back down to a position where they are valuable.
Other Contenders
Even though Red Bull Racing is a clear betting favorite in this market, there are other contenders to keep an eye on as well. Betting on any team outside of Red Bull Racing is going to come with a ton of value as they are all considered significant underdogs.
Here are some of the other odds to check out in this market:
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McLaren +650
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Mercedes AMG Motorsport +750
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Ferrari +790
There are other teams that are a part of Formula 1, but the odds really tend to fall off from this point. Team McLaren looks like the one team that can keep pace this season, but there are others that could be in the mix as well.
Red Bull Racing Gets it Done
The only way to wager on this market is to back Red Bull Racing as they just have too much talent on their roster. Every other team will be gunning for the leaders, but they just wan’t be able to do enough damage to make it a close race.
The odds are not great at all when looking to bet on Red Bull Racing, but that’s the only way to go when picking the Constructors Championship.
Formula 1 Constructors
Constructors Championship Betting Pick: Red Bull Racing -429 | Odds for F1
MyBookie Betting Lines for the Races
Betting odds for Formula 1 Constructors Championship
Updated Formula 1 2024 Constructor's Championship Odds
| Horse | Odds |
|---|---|
| Red Bull Racing | -429 |
| McLaren | +650 |
| Mercedes AMG Motorsport | +750 |
| Ferrari | +790 |
| Aston Martin | +4600 |
| Alpine F1 | +22000 |
| RB | +28000 |
| Sauber | +44000 |
| Williams | +46000 |
| Haas F1 | +90000 |
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Formula 1 2023 Constructor’s Championship Odds Without Red Bull
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The 2023 Formula 1 season could be dubbed Formula Red Bull, with just over half the season completed. Red Bull Racing has won every Grand Prix and Sprint this season and is focused on achieving the first perfect season in Formula 1 history.
With Red Bull’s dominance in the Constructors’ Championship and soon-to-be three-time World Champion Max Verstappen potentially winning the Championship single-handedly, MyBookie has focused on Formula 1 Constructors’ odds without Red Bull.
Aside from Verstappen’s magical and dominant season, the rest of thae Formula 1 field is closer and more competitive than in recent times, including Red Bull’s second driver, Sergio Pérez. However, a familiar team sits atop the non-Red Bull F1 Constructors Championship odds.
Formula 1 2023 Constructor’s Championship Odds Without Red Bull | MyBookie F1 Betting Preview
2023 Formula One World Championship | 74th edition of the Formula One World Championship
March 5th – November 26, 2023
Mercedes AMG Motorsport
F1 Constructors Championship Odds: Mercedes AMG Motorsport -400
Mercedes-AMG Petronas F1 Team | Mercedes
Lewis Hamilton | George Russell
Powered by Lewis Hamilton’s season of thirteen top-ten finishes and four podiums, Mercedes is currently second in the Constructors’ championship, with a 40-point lead over Aston Martin. Next to Hamilton’s consistent season, George Russell is tied for sixth in the drivers’ Championship, giving Mercedes the arguably best driver lineup in Formula 1.
It’s Mercedes’ driver lineup that has Mercedes second in the constructor’s championship more than any other single reason.
Formula 1 Constructors Championship Pick: Mercedes AMG Motorsport -400 | Bet Mercedes AMG Odds to Win
MyBookie Betting Lines for the Bout
Aston Martin
F1 Constructors Championship Odds: Aston Martin +1950
Alfa Romeo F1 Team Stake | Alfa Romeo-Ferrari
Zhou Guanyu | Valtteri Bottas
Unlike Mercedes, Aston Martin’s Constructors’ Championship hopes rest on one driver: the legendary Fernando Alonso. Alonso’s season features seven podium finishes and 13 top-ten finishes this season.
However, you can’t pick Aston Martin to win the Constructors’ Championship because of Lance Stroll. While the team has 215 points, 168 of those have been earned by Alonso.
Stroll is an average Grand Prix driver who cannot extract the pace and make a difference in Aston Martin’s Constructor’s Championship hopes in 2023 and beyond.
Formula 1 Constructors Championship Pick: Aston Martin +1950 | Bet Aston Martin Odds to Win
MyBookie Betting Lines for the Bout
Ferrari
F1 Constructors Championship Odds: Ferrari +500
Scuderia Ferrari | Ferrari
Charles Leclerc | Carlos Sainz Jr.
Ferrari has one of the top-three driver lineups in Formula 1, which has helped the Scuderia to 201 points and chasing down Aston Martin for third. However, Ferrari – the race team – needs to do better by their driver’s capabilities, with poor strategy and reliability continuing to plague both driver’s seasons.
Ferrari only has three podiums this season – all from Charles Leclerc, but its four retirements are the most of any team challenging at the front of the grid. If Ferrari has its sights set on winning a World Championship, the team needs to be better at strategy decisions to overcome the shortcomings they’ve found through the development.
Ferrari may be the oddsmakers’ second favorite to finish second this season, but it’ll take an outstanding performance from Ferrari’s excellent driver lineup overcoming the team’s organizational issues to do so.
Formula 1 Constructors Championship Pick: Ferrari +500 | Bet Ferrari Odds to Win
MyBookie Betting Lines for the Bout
McLaren
F1 Constructors Championship Odds: McLaren +710
McLaren F1 Team | McLaren-Mercedes
Lando Norris | Oscar Piastri
At the start of the 2023 season, McLaren admitted they made a mistake in their development plan. As such, McLaren’s technical leadership was restructured, and the team awaited the debut of their "true" 2023 contender. McLaren’s poor start to the season has them fifth in the Constructors’ Championship with 111 points.
However, the upgraded MCL-36 has McLaren positioned as the underdog who can overtake Mercedes. Featuring a driver lineup with two World Championship-calibre drivers, the upgraded MCL-36 has seen McLaren vault to the top of the grid, chasing down Red Bull and closing the gap to Mercedes.
If Lando Norris and Oscar Piastri continue to score top-five and podium finishes as they have since receiving the upgrades, McLaren could push Mercedes for the Constructors’ Championship, overtaking Ferrari and Aston Martin in the process.
Formula 1 Constructors Championship Pick: McLaren +710 | Bet McLaren Odds to Win
MyBookie Betting Lines for the Bout
Updated Formula 1 2023 Constructor’s Championship Odds
| Horse | Odds |
|---|---|
| Mercedes AMG Motorsport | -400 |
| Ferrari | +500 |
| McLaren | +710 |
| Aston Martin | +1950 |
| Williams | +300000 |
| Alpine F1 | +300000 |
| Alfa Romeo Racing | +300000 |
| Alphatauri | +300000 |
| Haas F1 | +300000 |
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