F1 Championship Odds 2025: Verstappen, Norris Still Co-Favorites with Season Approaching
The 2024 F1 season featured an element that felt unexpected: Real competition.
We we can expect that to increase further while looking at the 2025 F1 championship odds as a new season approaches fast.
Much as they were in the standings last season before Max Verstappen pulled away late, the Red Bull star is neck-and-neck with Lando Norris and his ascending McLaren team, which is fresh off winning the constructors' championship.
Charles Leclerc is lurking not too far behind by the odds at our best sportsbooks, as is Ferreri's shiny new driver Lewis Hamilton. The jostling begins during preseason testing on Feb. 26-28 in Sakhir, and it's lights out and away everyone goes at the Australian Grand Prix on March 16.
F1 championship odds 2025
The 2025 F1 championship odds are from our best F1 betting sites.
| Player | Odds (FanDuel) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Max Verstappen | +270 | 27.03% | $27 |
| Lando Norris | +270 | 27.03% | $27 |
| Charles Leclerc | +350 | 22.22% | $35 |
| Lewis Hamilton | +550 | 15.38% | $55 |
| Oscar Piastri | +950 | 9.52% | $95 |
| George Russell | +1600 | 5.88% | $160 |
| Liam Lawson | +2800 | 3.45% | $280 |
| Andrea Kimi Antonelli | +3200 | 3.03% | $320 |
| Pierre Gasly | +11000 | 0.90% | $1100 |
| Fernando Alonso | +11000 | 0.90% | $1100 |
Some notes and quick observations about the F1 championship odds for 2025:
- Though the 2025 season is shaping up to be a competitive one based on much of 2024 due to Norris continuing to challenge Verstappen and Ferrari rising, only four drivers are receiving implied odds of 15.38% or greater
- There's been some notable movement long before the first race, which could in part be tied to Lewis Hamilton's first testing sessions with Ferrari
- Hamilton moved from +850 to +550 through FanDuel, while his new teammate Leclerc shifted from +420 to closer behind Norris and Verstappen at +350
- However, prices vary to some degree across our best sports betting apps, with Leclerc still as long as +500 through Caesars, where Verstappen sits at +190, and Hamilton is longer at +700
- There's also variance tied to Verstappen's new teammate Liam Lawson, who remains an intriguing deep long shot and has moved from +7000 to +2800 at FanDuel, but he still sits as long as +6600 at bet365
F1 Championship favorite 2025
Max Verstappen (+270)
Let's assume that over the offseason, Red Bull fixes the problems it faced while often losing ground to McLaren and Ferrari during the middle part of 2024. Given Verstappen's strong finish to this season, including a rain-soaked triumph in Brazil when he started 17th, that process may already be well underway.
If that happens, then a price of +270 could be highly appealing fast.
Sure, the 2025 season looks to be more of a competition for Verstappen than a coronation. His 2023 championship was the latter, and he needed to claw more for his crown in 2024. Now McLaren, Mercedes, and Ferrari are rising, and Lewis Hamilton is now getting the support of the Tifosi after his massive switch.
But when Verstappen and Red Bull are in peak form, he's often entering a race weekend as a minus-money favorite. Sometimes deeply so, too, and this price will evaporate quickly if he starts off hot again in 2025.
Best odds: +270 via FanDuel | Implied probability: 27.03%
My F1 championship odds driver to watch
Charles Leclerc (+500)
Leclerc endured a frustrating season at times in 2023. But that was put behind him, and Ferrari fast this past campaign. He earned wins in Monaco, Monza, and Austin en route to finishing among the top three in the drivers' standings, with a sizable gap to Oscar Piastri in fourth (356 points for Leclerc to 292).
Much like Norris, Leclerc was always hovering around the podium while ending up there 13 times, eight of which came during the latter portion of the season following the summer break.
Ferrari has been surging while challenging Red Bull, and it finished ahead of the Verstappen-powered behemoth in the constructors' standings, taking second this past season and sitting only slightly behind McLaren.
It will no doubt be in contention for the constructors' championship again too, with Leclerc along for the ride.
Best odds: +500 via Caesars | Implied probability: 16.67%
Caesars is a 21+ product
How to bet on F1 championship odds
Betting on the F1 championship odds is pretty straightforward. First, pick a reputable sportsbook that offers F1 futures. Check out the odds for different drivers; for instance, if Driver A is getting +300 odds and Driver B is +500, Driver A is more likely to win.
Place your bet by deciding how much you want to wager. If you bet $100 on Driver A at +300 and they win, you’ll get $400 back ($100 stake + $300 profit). Keep an eye on the driver's performances throughout the season to see how your bet is shaping up.
Now, why do odds move in future markets? Well, it’s mostly about performance and perception.
If a driver starts producing great results, hits odds will change. A lot of people betting on the same driver can also cause the odds to shift as sportsbooks try to manage their risk.
Plus, expert predictions and analysis can influence how people bet, which in turn affects the odds. Understanding these factors can help you make smarter bets and maybe even catch some favorable odds shifts.
How to read F1 championship odds
Reading F1 championship odds is simple once you know the basics.
Odds are typically presented in a format like +300 or -150. Positive odds (e.g., +300) indicate how much profit you'd make on a $100 bet. For instance, a $100 bet at +300 odds would win you $300, plus your initial $100 stake, totaling $400.
Negative odds (e.g., -150) show how much you need to bet to win $100. So, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.
Odds also reflect the probability of an outcome. Lower odds (e.g., +100) suggest a higher probability of the driver winning, while higher odds (e.g., +1000) indicate a lower probability. Sportsbooks adjust these odds based on factors like performance and betting patterns.
For example, if Driver A is getting +200 odds and Driver B is at +500 odds, Driver A is considered more likely to win. If you bet $100 on Driver A and they win, you'd get $300 back ($200 profit + $100 stake).
Reading and understanding these odds helps you make informed betting decisions.
Past drivers' championship winners
| Year | Driver | Team |
|---|---|---|
| 2024 | Max Verstappen | Red Bull |
| 2023 | Max Verstappen | Red Bull |
| 2022 | Max Verstappen | Red Bull |
| 2021 | Max Verstappen | Red Bull |
| 2020 | Lewis Hamilton | Mercedes |
| 2019 | Lewis Hamilton | Mercedes |
| 2018 | Lewis Hamilton | Mercedes |
| 2017 | Lewis Hamilton | Mercedes |
| 2016 | Nico Rosberg | Mercedes |
| 2015 | Lewis Hamilton | Mercedes |
| 2014 | Lewis Hamilton | Mercedes |
| 2013 | Sebastian Vettel | Red Bull |
Past constructors' championship winners
| Year | Constructor |
|---|---|
| 2024 | McLaren |
| 2023 | Red Bull |
| 2022 | Red Bull |
| 2021 | Red Bull |
| 2020 | Mercedes |
| 2019 | Mercedes |
| 2018 | Mercedes |
| 2017 | Mercedes |
| 2016 | Mercedes |
| 2015 | Mercedes |
| 2014 | Mercedes |
| 2013 | Red Bull |
F1 driver and constructor championship FAQs
Who is the F1 championship favorite for 2025?
Max Verstappen and Lando Norris are the co-favorites by the F1 championship odds from FanDuel. The +270 odds both are receiving lead to an implied probability of 27.03%, via our odds converter.
When will the winner be named?
The Formula 1 season features 22 races, with the first in Australia on March 16, and the last one for 2025 taking place on Dec. 7 in Abu Dhabi. The leader in both the driver and constructor standings will be declared the winner in each category after that race.
However, one or both could be clinched before that event, as was the case with Verstappen's fourth title last year.
Who won the drivers' championship in 2024?
Max Verstappen took home the title in 2024 for the fourth straight season.
When does the 2025 F1 season begin?
The 2025 F1 season starts with the Australian Grand Prix on March 16. A few weeks prior to that there's preseason testing on Feb. 26-28 in Sakhir.
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