British Grand Prix 2024 Betting Toolkit: Odds & Predictions

The British Grand Prix is one of the most anticipated events in the Formula 1 calendar.

Set to take place at the historic Silverstone Circuit, this race promises plenty of action as top drivers from around the world compete for the championship.

Can Lewis Hamilton, a favourite and multiple-time winner at Silverstone, claim victory on his home turf again or will rivals like Max Verstappen speed past him to the top of the podium.

Mark your calendars and get ready for a day of high-speed racing excitement!

When Is The British Grand Prix On In 2024?

The action in 2024 will begin on the 5th of July with the first two practice sessions. The third will take place on July 6th followed by qualifying later the same day.

Once qualifying has ended and the order has been determined, the Grand Prix will take place on Sunday, July 7th at 3pm GMT.

With 52 laps, the race typically lasts around 1.5 to 2 hours, covering a total distance of approximately 306 kilometers (190 miles).

The duration can vary slightly based on factors like weather conditions and the occurrence of safety car periods.

What Are The Driver Odds In 2024?

At the time of writing, Max Verstappen currently leads the Drivers Championship on 110 points.

Red Bull teammate Sergio Perez is right behind him on 85 points, with Charles Leclerc in the Ferrari in third spot on 76 points.

Given how far into the season we are, it should come as no surprise that Verstappen is the ODDS ON favourite to win the championship, lapping the others on his way to victory.

The odds below reflect the fact that really, only five drivers can still win it. But that doesn’t mean there won’t be an upset at the British Grand Prix!

However, odds for that race generally don’t come out until much closer to the race date, as each event is taken in turn and we still have four to go before Silverstone.

Driver	Odds
Max Verstappen	1/33
Sergio Perez	25/1
Carlos Sainz	28/1
Charles Leclerc	28/1
Lando Norris	50/1

Betting on the British Grand Prix

Betting on Formula 1 offers a lot more options than standard sports betting with odds available even on the practise and qualifying sessions.

So, to simplify things, we’ve covered the most popular types of bets you can place on this high-octane event.

1. Race Winner Bet

Perhaps the most straightforward type of bet, the race winner bet, simply involves predicting which driver will cross the finish line first.

It’s a popular bet due to its simplicity, but , in a sport as unpredictable as F1, nothing is ever certain.

2. Podium Finish Bet

A podium finish bet is when you place a wager on a driver to finish in the top three.

This is a safer bet than a race-winner bet as it gives a bit more leeway, but the odds will generally be lower as a result.

3. Fastest Lap Bet

Each driver’s aim is not only to finish first but also to clock the fastest lap. This bet type involves predicting who will achieve this feat.

It is a challenging bet as any driver, even those not in podium contention, can pull off a blisteringly fast lap.

To help yourself, check out the drivers who not only have racked up the fastest laps this season but who did it at your chosen F1 venue last season.

4. Pole Position Bet

The pole position is the prime starting spot awarded to the fastest qualifier.

A pole position bet is placed on the driver you think will secure this spot during qualifying.

This bet requires knowledge of the drivers’ and the teams’ qualifying performances.

5. Points Finish Bet

In F1, the top 10 finishers receive points (from 25 for the winner down to 1 for 10th place). A points finish bet involves betting on a driver to finish in the top 10.

This type of bet can be a great way to back an underdog who might not win but has a good chance of finishing in the points.

6. Safety Car Bet

The safety car is brought out during the race under certain conditions, such as an accident or extreme weather.

Some bookmakers offer bets on whether a safety car will appear during a race.

As this is highly dependent on unpredictable factors, it can be seen as a more risky but potentially rewarding bet.

7. Head-to-Head Bet

In a head-to-head bet, two drivers are pitted against each other by the bookmaker, and your task is to decide which of them will finish higher.

The overall race results don’t matter here; it’s all about which of these two drivers performs better.

8. Constructor/Team Bet

F1 is a team sport, with each team having two drivers. A constructor bet involves betting on which team will score the most points in a particular race.

This type of bet requires a solid understanding of individual driver performance and overall team strategy.

Generally, you will get better odds at the beginning of the season before a specific team before any one team can stamp their authority.

, no matter what type of bet you choose to place, it’s crucial to do your research.

Look at factors such as driver form, team performance, track characteristics, weather conditions, and more.

With the right knowledge and a bit of luck, betting on the Grand Prix can add an extra layer of excitement to this legendary racing event.

The Silverstone Track

Grand Prix racing was brought to Britain by Henry Segrave at the famous Brooklands circuit in 1926.

Seagrave had previously won the 1923 French and San Sebastian Grand Prix, which created an interest in the sport in the UK.

However, the first British Grand Prix was won by the French team of Louis Wagner and Robert Senechal, driving a Delage 155B.

In 1950 the race came to Silverstone, where it was the first race ever of the official World Championship.

It alternated with the Brands Hatch circuit between 1964 and 1986, and for a while between 1955/1962 it was even held at the Aintree racecourse.

Silverstone was, until 1991, one of the fastest tracks on the F1 calendar with drivers loving the sweeping and extremely demanding Copse, Stowe and Club corners.

In 2003 Silverstone’s owners, The British Racing Drivers Club and F1 authorities had a dispute which put the future of the race into doubt.

Despite mending the fences, the race was awarded to Donnington Park in 2008. However, that fell through, and now the race is guaranteed to Silverstone until 2027.

Despite all this bickering, the British Grand Prix is still one of the most eagerly anticipated races in the F1 Calendar.

British Winners

In total, there have been 12 British drivers who have won the British Grand Prix. Sterling Moss took the chequered flag twice in 1955 and 1957.

The following year Peter Collins won the race before the legendary Scotsman Jim Clark won it 4 times back to back (1962-1965) and again in 1967.

Two years later, in 1969, Jackie Stewart lifted the trophy and did it again in 1971.

It took another six years until James Hunt won, followed by John Watson in 1981.

Then came Nigel Mansell, who the British public loved, and he went on to win four times. Following Mansell’s success, Damon Hill, Jonny Herbert, and David Coulthard lifted the trophy, keeping the British fans happy.

But nobody could predict what would come from a young man from Stevenage, England.

Lewis Hamilton started his F1 career in 2007 and it was just the following year, in 2008, that he won his first British Grand Prix.

Hamilton now holds the record for the British Grand Prix with an astonishing 8 wins.

He also tly holds the record for the most driver’s championship titles in history with Michael Schumacher, with each having won the title seven times.

Michael Schumacher won his championships in 1994, 1995, 2000, 2001, 2002, 2003, and 2004. Lewis Hamilton secured his titles in 2008, 2014, 2015, 2017, 2018, 2019, and 2020.

Their achievements have made them two of the most celebrated drivers in the sport.