Formula 1: Early 2023 world championship favorite revealed

Max Verstappen, Red Bull, Formula 1 (Photo by Heuler Andrey/Eurasia Sport Images/Getty Images)
Max Verstappen, Red Bull, Formula 1 (Photo by Heuler Andrey/Eurasia Sport Images/Getty Images) /
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The 2022 Formula 1 season is in the books, and the odds for the 2023 world championship have been revealed. Who is the favorite?

The 2022 Formula 1 season came to an end on Sunday with the Abu Dhabi Grand Prix at Yas Marina Circuit, meaning that the 15-week countdown to the 2023 campaign is officially on.

Red Bull’s Max Verstappen capped off a dominant championship-winning season with a record 15th victory, and it is no surprise that the two-time reigning champion is the early favorite to win a third consecutive title in 2023.

Here are the full world championship odds for next season.

NOTE: -135 means a successful $135 bet returns $235, +300 means a $100 bet returns $400.

  • Max Verstappen, Red Bull: -135
  • Lewis Hamilton, Mercedes: +300
  • Charles Leclerc, Ferrari: +650
  • George Russell, Mercedes: +850
  • Carlos Sainz Jr., Ferrari: +2200
  • Sergio Perez, Red Bull: +4200
  • Lando Norris, McLaren: +12000
  • Esteban Ocon, Alpine: +16000
  • Fernando Alonso, Aston Martin: +19000
  • Alexander Albon, Williams: +20000
  • Valtteri Bottas, Alfa Romeo: +20000
  • Nyck de Vries, AlphaTauri: +20000
  • Pierre Gasly, Alpine: +20000
  • Kevin Magnussen, Haas: +20000
  • Oscar Piastri, McLaren: +20000
  • Lance Stroll, Aston Martin: +20000
  • Yuki Tsunoda, AlphaTauri: +20000
  • Zhou Guanyu, Alfa Romeo: +20000
  • Logan Sargeant, Williams: +20000
  • Nico Hulkenberg: +20000

Odds and availability subject to change. Bet now at WynnBET.

Mercedes’ Lewis Hamilton, a seven-time world champion, is listed as the second favorite for 2023. He is coming off of a career-worst season in 2022, one which saw him fail to win a race for the first time in his 16 seasons in the sport and one which saw him fail to finish in the top five in the standings for the first time.

2022 runner-up Charles Leclerc is listed as the third favorite. Early in the 2022 season, the Ferrari driver was the betting favorite, but a string of errors — driver errors, mechanical errors, strategy errors, etc. — following a hot start ultimately knocked him out of contention.

After winning two of the season’s first three races, he won just one of the final 19. In fact, Ferrari did not win any races in the second half of the season after winning four in the first half, though they still managed to beat Mercedes for second place in the constructor standings. They hadn’t finished ahead of Mercedes since 2012.

Should Mercedes, which saw an eight-year constructor championship streak end in 2022, manage to turn things around in 2023, George Russell could be a driver to watch. He is listed as the fourth favorite, despite finishing two spots ahead of Hamilton in his first season as his teammate and actually managing to win a race in the W13.

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The 2023 Formula 1 season is scheduled to begin on Sunday, March 5 with the Bahrain Grand Prix at Bahrain International Circuit. The schedule features an all-time record 24 races, extending from early March to late November. From start to finish, the 2022 season lasted for a record 245 days. Next year’s season is scheduled to last for 266.