2023 Austrian Grand Prix Formula One Betting Odds

Alex Murray
By:
Alex Murray
29 Jun 23
Betting Magazine
News - F1
2023 Austrian Grand Prix Formula One Betting Odds

It’s been two weeks since the rainy Canadian Grand Prix in Montreal and the drivers and constructors are ready to hit the race track again on July 2nd for the Austrian Grand Prix at the Red Bull Ring in Spielberg, Styria, Austria. You might think that Red Bull have an advantage racing on a track that they own, but at this point, it’s pretty clear that they don’t need any unfair advantages. Max Verstappen and his team are once again the favorites in the outright betting markets on all sports betting sites and betting apps.

Highlights

  • Max Verstappen has finished in the top 2 in all 8 races in 2023
  • Sergio Perez has not made a podium since the Miami Grand Prix
  • Lewis Hamilton made back-to-back podiums in the last two races

Austrian Grand Prix Formula One Outright Odds

As has become something of tradition for Formula 1 races in 2023, Max Verstappen comes in as an enormous favorite, with the rest of the field sitting way behind the young dutchman in terms of odds. However, the uncertainty behind Verstappen is where the intrigue has been during this campaign, with a handful of other drivers competing vigorously for the other two podium spots at each race. All odds provided by Sports Interaction.

Driver (Team)

Outright Moneyline Odds

Max Verstappen (Red Bull)

-404

Fernando Alonso (Aston Martin)

+738

Sergio Perez (Red Bull)

+900

Lewis Hamilton (Mercedes)

+1,300

Charles Leclerc (Ferrari

+2,300

George Russell (Mercedes)

+2,900

Carlos Sainz (Ferrari)

+3,400

Lance Stroll (Aston Martin)

+31,700

Esteban Ocon (Alpine)

+36,300

Pierre Gasly (Alpine)

+41,700

Red Bull Odds

We haven’t seen dominance in sport like this since Mercedes of the mid 2010s or Tiger Woods on the links in the early 2000s. It doesn’t even seem like any other team has a chance. They’ve won all eight races and they’ve taken pole in seven of those eight. Red Bull is nearly -600 to be the winning constructor at this race, and they’re nearly doubling second-place Mercedes in the overall Constructors Championship. The only question mark for them has been a dip in recent form for their second driver, Sergio Perez.

Aston Martin Odds

While Lance Stroll has been decent in racking up five top 10 finishes this year, it’s been the resurgence of former champion Fernando Alonso that has carried this new look team back into relevance. Apart from Max Verstappen, there has been no driver more consistent this year than Alonso, who has picked up six podium finishes. Mercedes has been nipping on his heels the last few weeks, but at this point, the only more sure thing than an Alonso podium is a Verstappen win.

Mercedes Odds

The former giants of the sport are still getting used to their position playing second fiddle to Red Bull, but they’ve been improving little by little over the season, picking up three podiums in the last two races. Lewis Hamilton seems to be rediscovering the type of form that could help him challenge for more consistent podiums, and even the youngster, George Russell, is sitting in sixth despite two retirements this season.

Ferrari Odds

What can you say about a team like this? Apart from Alonso’s rebirth, there is perhaps nothing more surprising about this campaign than the utter futility of the Ferrari team. Armed with two of the best young drivers in the world, Ferrari has not been able to do any damage. Rather than take a step forward with their young talent and new management, they’ve stumbled backward and are in danger of falling out of the top three race. They’ve got eight total top five finishes, but just one podium to show for it, which speaks to the gap between them and the other top contenders.

Azerbaijan Grand Prix Podium Finish Odds

Driver (Team)

Podium Finish Odds

Max Verstappen (Red Bull)

-500

Fernando Alonso (Aston Martin)

-149

Sergio Perez (Red Bull)

-120

Lewis Hamilton (Mercedes)

-110

Charles Leclerc (Ferrari)

+240

George Russell (Mercedes)

+275

Carlos Sainz (Ferrari)

+400

Lance Stroll (Aston Martin)

+1,600

Esteban Ocon (Alpine)

+1,600

Pierre Gasly (Alpine)

+2,500

Fernando Alonso Odds

Considering he’s done it in six of eight races this year, -149 odds are nothing to scoff at here with Alonso. He’s getting more stiff competition from Lewis Hamilton, but he’s not a bad bet here at all.

Sergio Perez Odds

After four podiums in the first five races, Perez has fallen short in each of the last three races. Perez doesn’t have a great history at the Austrian Grand Prix either, so it might be another week before Checo finds his form.

Lewis Hamilton Odds

At this point last year, Hamilton had just one podium. He’s got three so far this year, including in the last two races. He’s hit the podium in two of his last three Austrian Grand Prix t, so he’s offering tons of value at -110.

Charles Leclerc Odds

There’s not much arguing that Charles Leclerc has been the most disappointing driver in 2023. He sits 15 points behind his teammate, and with two retirements, an 11th place finish, and one podium, there’s no way his +240 odds are worth it here.

George Russell Odds

With two retirements and one podium in his last six outings, betting on Russell is a bit of a crap shoot at the moment. He performed well here last year, but at +275 there’s not enough value to take a shot.

Alex is a recent graduate of Ryerson's Sport Media program in 2019 and has been contributing to BettingTop10 since 2020. He has worked in the field of sports and sports betting for several years, including stops writing for theScore and daily fantasy sports website FantasyPros as one of the lead NBA news writers. A dedicated sports fan and experienced sports bettor, Alex has the knowledge to provide you with the best betting advice and the sneakiest props no matter what the sport may be.