2024 Formula 1 futures, odds, best bets: Proven racing expert makes F1 predictions for upcoming season

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2024 Formula 1 futures, odds, best bets: Proven racing expert makes F1 predictions for upcoming season

The 2024 Formula 1 season begins with the Bahrain Grand Prix on March 2 and the big news of the offseason is that seven-time world champion Lewis Hamilton will be leaving Mercedes for Ferrari in 2025. Hamilton will finish out his contract this year with Mercedes, who will look to overhaul their equipment after falling behind Red Bull Racing. Meanwhile, Max Verstappen won 19 of 22 races last year for one of the most dominant seasons in history and the three-time defending F1 champion is the -550 favorite to win a fourth title in the 2024 Formula 1 futures. 

How should you play the drivers' championship and where can you find compelling odds to target in the 2024 F1 odds? Before scouring the 2024 Formula 1 futures odds and making any F1 bets, be sure to see the latest 2024 Formula 1 futures picks from SportsLine auto racing expert Mike McClure.

McClure's model has been scorching hot when it comes to picking Formula 1 race events dating back to 2021. It nailed both of Charles Leclerc's wins in 2022, and at the 2021 Mexican Grand Prix, the model was strongly backing Verstappen as its top pick. The result: Verstappen dominated the field and ran away with a surprising victory.

It followed that up by calling Verstappen's win at the Rolex Emilia Romagna GP in 2022 and nailed Verstappen to win in Belgium, the Netherlands, Japan, the United States, Mexico and Abu Dhabi that season. It went on to nail all 19 of Verstappen's wins during the 2023 season. Anybody following those picks over the last three seasons has seen huge returns.

Now, McClure has analyzed the upcoming 2024 Formula 1 season and revealed his favorite F1 futures bets. .

2024 Formula 1 futures best bets

For 2024 Formula 1 futures, McClure is backing Kevin Magnussen to best Haas F1 teammate Nico Hulkenberg head-to-head in the standings for a +182 payout. Haas struggled overall in 2023, with Hulkenberg collecting nine points and Magnussen collecting three, while the team finished last in the constructors' standings. However, Magnussen beat Hulkenberg in four of the first five races of the season and finished in the top 15 in five of his last eight starts.

Magnussen was also 13th in the standings with 25 points in 2022 and more than doubled up then teammate Michael Schumacher, who finished with 12 points. McClure is expecting a bounce-back season for the 31-year-old Danish driver and is taking the plus-money chance to best his German teammate. See what other Formula 1 futures bets to make at SportsLine.

How to make 2024 F1 futures bets

In addition to playing Magnussen over Hulkenberg in his 2024 Formula 1 futures bets, McClure also has another head-to-head play that pays out at better than 4-1 and has made his drivers' and constructors' championship picks. Anyone who backs these drivers could hit it big. You can only see who they are here.

2024 Formula 1 championship odds

Max Verstappen -550Lando Norris +1300Lewis Hamilton +1800Charles Leclerc +1800George Russell +3000Sergio Perez +3000Fernando Alonso +4200Oscar Piastri +4200Carlos Sainz +7000Daniel Ricciardo +24000Lance Stroll +50000Valtteri Bottas +50000Guanyu Zhou +50000Kevin Magnussen +50000Nico Hulkenberg +50000Esteban Ocon +50000Alex Albon +50000Pierre Gasly +50000Yuki Tsunoda +50000