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2024 Formula 1 Constructors’ Championship Odds Tracker

Ian Jones

By Ian Jones

Updated:


  • Track the 2024 Formula 1 Constructors’ Championship odds for all top competitors
  • Red Bull Racing is favored to win the Formula 1 Constructors Championship in 2024
  • See the winners of every 2024 Formula 1 Grand Prix race, along with notable odds movement all season long

We’ll be tracking the 2024 Formula 1 Constructors’ Championship odds for all constructors as they become available and will chart them on this page. The graphs below are generated by calculating the average from a selection of trusted sportsbooks.

Top Formula 1 Constructors’ Championship Contenders

Sports Betting Dime

Here are some odds movement notes for the F1 Constructors Championship top contenders in 2024:

  • [Oct 21]: After a 1-2 finish in Austin, Ferrari (+650) now replaces Red Bull (+1300) as the second-favorite for the Constructors’ Championship, still a short distance behind McLaren (-850).
  • [Aug 26]: Another solid finish in Holland has solidified McLaren as -340 favorites to win the Constructors’ Championship. Former favorites Red Bull now sit as +250 longshots.
  • [Jul 22]: Following the 1-2 finish of Oscar Piastri and Lando Norris at the Hungarian GP, books have pegged McLaren (-130) as the new Constructors Championship favorites over Red Bull (-110).
  • [May 27]: Red Bull’s grip on first place appears to be loosening. Another strong showing by Ferrari in Monaco has shortened the Italian team’s Constructor Championship odds from +1300 to +380.
  • [May 21]: Max Verstappen may have topped the podium this weekend yet again, but it was the Ferrari and McLaren drivers who rounded out the Top 5 at the Emilia Romagna GP. As it stands, Red Bull’s Constructors Championship odds now average just -1688, while Ferrari and McLaren now sit at to +1175 and +1550.
  • [May 6]: The strong showing by McLaren at the Miami GP, capped off by Lando Norris’ first Formula 1 victory, has seen the British constructor’s championship odds shorten from +11000 to +3600.
  • [Mar 25]: Ferrari’s average odds jumped from +1250 to +1000 following their Carlos Sainz & Charles Leclerc’s 1-2 finish at the Australian GP.
  • [Feb 26]: Red Bull Racing opened as -325 favorites to repeat as Constructors Champions and now sit at -638 ahead of next weekend’s season opener in Bahrain.

 

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2024 Formula 1 Constructors’ Championship Odds

Constructor Odds
McLaren -650
Ferrari +500
Red Bull +6500

Odds as of November 4th at FanDuel Sportsbook.

Past 10 Constructors’ Championship Winners

Year Winner
2023 Red Bull Racing-RBPT
2022 Red Bull Racing-RBPT
2021 Mercedes
2020 Mercedes
2019 Mercedes
2018 Mercedes
2017 Mercedes
2016 Mercedes
2015 Mercedes
2014 Mercedes

In 2023, Red Bull Racing won its second-consecutive constructors’ championship and its sixth overall. This was their second win using their RBPT engine.

Constructors’ with the Most Championships

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When it comes to Constructors’ Championships, everyone is still looking up at Ferrari. The Italians were nearly unbeatable at the turn of the century, winning seven titles from 2000-08.

2024 Formula 1 Schedule and Results

Event Date Winner
Bahrain Grand Prix March 2nd, 2024 Max Verstappen (Red Bull)
Saudi Arabian Grand Prix March 9th, 2024 Max Verstappen (Red Bull)
Australian Grand Prix March 24th, 2024 Carlos Sainz Jr (Ferrari)
Japanese Grand Prix April 7th, 2024 Max Verstappen (Red Bull)
Chinese Grand Prix April 21st, 2024 Max Verstappen (Red Bull)
Miami Grand Prix May 5th, 2024 Lando Norris (McLaren)
Emilia Romagna Grand Prix May 19th, 2024 Max Verstappen (Red Bull)
Monaco Grand Prix May 26th, 2024 Charles Leclerc (Ferrari)
Canadian Grand Prix June 9th, 2024 Max Verstappen (Red Bull)
Spanish Grand Prix June 23rd, 2024 Max Verstappen (Red Bull)
Austrian Grand Prix June 30th, 2024 George Russell (Mercedes)
British Grand Prix July 7th, 2024 Lewis Hamilton (Mercedes)
Hungarian Grand Prix July 21st, 2024 Oscar Piastri (McLaren)
Belgian Grand Prix July 28th, 2024 Lewis Hamilton (Mercedes)
Dutch Grand Prix August 25th, 2024 Lando Norris (McLaren)
Italian Grand Prix September 1st, 2024 Charles Leclerc (Ferrari)
Azerbaijan Grand Prix September 15th, 2024 Oscar Piastri (McLaren)
Singapore Grand Prix September 22nd, 2024 Lando Norris (McLaren)
United States Grand Prix October 20th, 2024 Charles Leclerc (Ferrari)
Mexico City Grand Prix October 27th, 2024 Carlos Sainz Jr (Ferrari)
Sao Paulo Grand Prix November 3rd, 2024 Max Verstappen (Red Bull)
Las Vegas Grand Prix November 23rd, 2024
Qatar Grand Prix December 1st, 2024
Abu Dhabi Grand Prix December 8th, 2024

Formula 1 Constructors’ Championships By Country

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Italian constructors’ have some work to do before catching up to the United Kingdom. 10 different British constructors’ have combined to win 34 championships since 1958. That’s twice as many as any other country.


Archived Odds: 2023, 2022, 2021, 2020, 2019

Ian Jones
Ian Jones

MLB & Soccer Writer

With a background in content marketing, literature, and design, Ian has been bringing a little bit of everything to SBD since 2021. In addition to having penned articles for Eighty-Six Forever, Ian can and will talk your ear off over almost any sport you can think of.

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