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Formula 1 2021 Spanish Grand Prix Odds & Picks

Daniel Coyle

by Daniel Coyle in Racing

Updated May 10, 2021 · 10:15 AM PDT

Formula 1 Spanish Grand Prix - Max Verstappen & Sergio Perez
Red Bull driver Sergio Perez of Mexico takes a curve followed by Ferrari driver Carlos Sainz of Spain during the Portugal Formula One Grand Prix at the Algarve International Circuit near Portimao, Portugal, Sunday, May 2, 2021. (AP Photo/Manu Fernandez)
  • Lewis Hamilton emerges as a narrow favorite to claim a sixth straight victory in the Spanish Grand Prix 
  • Hamilton has won two of the first three races of the season but faces a legitimate threat from archrival Max Verstappen
  • We’ve got you covered with all the odds and trends ahead of Sunday morning’s running of the Spanish Grand Prix at Circuit de Barcelona-Catalunya

Lewis Hamilton will be aiming to extend his recent dominance at the Spanish Grand Prix with a sixth straight victory when he hits the track in Barcelona this weekend as a slim +115 favorite. Hamilton is coming off a decisive victory last weekend in Portugal, marking his second win in three outings this season. However, the reigning Formula 1 champion is once again expected to face a stiff challenge from archrival Max Verstappen, who returns to the scene of his first career F1 win as a +140 bet.

Here’s a look at all the odds and what drivers to watch, as Round 4 of the 2021 Formula 1 season gets underway at 9:00 AM EST on Sunday morning at Circuit de Barcelona-Catalunya.

Odds to Win 2021 Spanish Grand Prix

Driver Odds to Win at FOX Bet Odds to Finish Top Three Odds to Finish Top Six Odds to Finish Top 10
Lewis Hamilton +115 -500 n/a -1200
Max Verstappen +140 -400 -650 -1000
Valtteri Bottas +900 -154 -450 -700
Sergio Perez +1200 +155 -400 -650
Lando Norris +5000 +400 -188 -400
Charles Leclerc +5000 +400 -188 -400
Carlos Sainz Jr. +7500 +800 -118 -333
Daniel Ricciardo +8000 +600 -111 -275
Pierre Gasly +12500 +1100 +140 -250
Fernando Alonso +12500 +2500 +250 -200
Esteban Ocon +15000 +2500 +260 -200
Lance Stroll +25000 +4000 +700 -105
Sebastian Vettel +30000 +6000 +1000 +120
Yuki Tsunoda +30000 +6600 +750 +1150
Antonio Giovinazzi +100000 n/a +5000 +300
Kimi Raikkonen +100000 +30000 +5000 +300
George Russell +100000 +30000 +5000 +300
Nicholas Latifi +200000 +50000 +10000 +900
Mick Schumacher +250000 +50000 +15000 +2500
Nikita Mazepin +300000 +75000 +25000 +4000

Odds as of May 6, 2021

Hamilton Nearly Unbeatable in Spain

After seeing Max Verstappen storm to victory at last month’s Emilia Romagna Grand Prix, speculation among F1 observers quickly heated up as to whether a changing of the guard was at hand. But after finishing a distant second to the Red Bull Racing star in Imola, Lewis Hamilton quickly returned to his position atop the podium last weekend in Portugal with a decisive performance and will be looking to extend his lead atop the F1 Drivers Standings this weekend with a seventh career victory in the Spanish Grand Prix.

Hamilton’s dominance in Barcelona has not been limited to regularly taking home the checkered flag. The Mercedes superstar has also started from the pole in four of the past five editions of this race and padded his point total by recording the fastest lap in three of his past six appearances.

Doubts Linger Over Mercedes’ Ability to Keep Pace

Despite that spectacular track record, neither Hamilton nor his Mercedes teammate Valtteri are close to assured of another victory in Barcelona this weekend. Indeed, reports have indicated that concerns are increasing among the Mercedes brain trust as to the German automaker’s ability to keep pace with Red Bull at the Spanish Grand Prix. The long straightaways on the Circuit de Barcelona-Catalunya are ideally suited to Red Bull’s vehicle this time around, as is the weather forecast for Sunday, which is calling for considerably warmer conditions than last week in Portugal.

Those circumstances add particular appeal to Sergio Perez’ odds heading into the weekend. “Checo” is coming off his best performance since joining Red Bull this season, briefly holding the lead in Portugal before settling for a fourth-place finish.

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The 31-year-old Mexican also sports a respectable track record in Barcelona. He has finished among the top five in two of his past four appearances, with his career-best fourth-place performance in 2017 coming after qualifying a distant eighth. With his increasing comfort at the wheel of his Red Bull ride, Perez offers steadily increasing betting value as a +155 bet to reach the podium this weekend.

Spanish Grand Prix Recent Winners

Year Driver Margin of Victory Pole Position Fastest Lap
2020 Lewis Hamilton – Mercedes 24.177 sec Lewis Hamilton – Mercedes Valtteri Bottas – Mercedes
2019 Lewis Hamilton – Mercedes 4.074 sec Valtteri Bottas – Mercedes Lewis Hamilton – Mercedes
2018 Lewis Hamilton – Mercedes 20.593 sec Lewis Hamilton – Mercedes Daniel Ricciardo – Red Bull Racing
2017 Lewis Hamilton – Mercedes 3.490 sec Lewis Hamilton – Mercedes Lewis Hamilton – Mercedes
2016 Max Verstappen – Red Bull Racing 0.616 sec Lewis Hamilton – Mercedes Daniil Kvyat – Toro Rosso
2015 Nico Rosberg – Mercedes 17.551 sec Nico Rosberg – Mercedes Lewis Hamilton – Mercedes
2014 Lewis Hamilton – Mercedes 0.636 sec Lewis Hamilton – Mercedes Sebastian Vettel – Red Bull Racing

Vettel Poised for Breakthrough with Aston Martin

The front of the pack is once again expected to be dominated by Mercedes and Red Bull. However, betting value can still be found further down the Spanish Grand Prix odds. Sebastian Vettel has endured a difficult debut at Aston Martin, finishing no better than 13th through the first three rounds of the season. However, the four-time F1 champion, who replaced Perez on the UK-based team during the offseason, will reportedly be receiving important aero updates to his car in time for this weekend.

Vettel has enjoyed a successful run in Barcelona, where he has finished among the top five on 10 occasions since 2009, including his win in 2011. With an improved ride, and boosted confidence in the wake of a solid qualifying performance in Portugal, look for a breakthrough from the 33-year-old German this time around. In addition to the solid value found in the +120 odds of him finishing in the points, Vettel is an intriguing +1000 bet to crack the top six this weekend in Barcelona.

The Picks: Max Verstappen to win (+140); Sergio Perez top three (+155); Sebastian Vettel top ten (+120)


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