The Formula 1 Drivers’ Championship is essentially a dead heat and after the July 30 Hungarian Grand Prix we could have a new leader. As it stands now, only one-point separates Lewis Hamilton and leader Sebastian Vettel in the F1 Drivers’ Standings. Hamilton is coming into Hungary with all the momentum after he turned in a very impressive performance at England’s Silverstone Circuit as he won the British Grand Prix on July 16.
Vettel had to settle for 7th place after he suffered a front-left-tire failure in the closing laps. A left front tire failure also took Vettel’s Ferrari teammate Kimi Raikkonen out of contention for the win. A Ferrari spokesman insisted that the two tire issues were ‘unrelated’.
As the F1 Drivers’ Championship race has tightened it has bolstered the case that Hamilton’s Mercedes team is now the equal of longtime powerhouse Ferrari. In fact, suggesting that the two teams are now ‘even’ might be a charitable statement in reference to the Italian manufacturer. Following Mercedes 1-2 podium finish at Silverstone they’ve opened a 55-point lead over Ferrari and could widen their advantage with a good showing at the Hungarian facility just outside of Budapest. Hamilton is the defending champion in the Hungarian Grand Prix and considering his recent form his status as betting favorite is clearly justified.
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Hamilton has been installed as a -125 betting favorite at BetOnline.ag to top the podium at the Hungarian and there’s little to suggest that any of his rivals among F1 drivers can be considered a compelling alternative. Sebastian Vettel is the second choice among bettors at +350 with Hamilton’s Mercedes teammate Valtteri Bottas the number three choice at +500. Every other prospective entrant in the Hungarian Grand Prix field is priced at +1200 or higher.
Bettors also think that Hamilton is now the man to beat in the Drivers’ Championship futures betting market. Following his record equaling fifth British Grand Prix win he’s now the favorite to win the overall driving title at -175. Sebastian Vettel is still in the hunt at +150 with Valtteri Bottas at +1400. Bookmakers are offering a strong signal that these three drivers are the only ones with a realistic chance to win the title—every other driver in FI is priced at +100000 or higher.
The domination of Mercedes and the recent struggles of the Ferrari team have rendered the Formula 1 Constructors’ Championship all but a foregone conclusion. Mercedes is a -1000 favorite to win the overall Constructors’ title with Ferrari the only realistic challenger at +550. Red Bull is +100000 as the third choice with every other team priced at +400000 or higher.