2024 Formula 1 Futures odds, picks: Best bets for upcoming season from proven racing model

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 completely overhaul their equipment after falling well behind Red Bull Racing the last couple years. Meanwhile, Max Verstappen won 19 of 22 races last year and the three-time defending F1 champion is the -550 favorite to win a fourth title in the 2024 Formula 1 futures. So how should you be playing the title race and where can you find some more compelling odds to play in 2024 F1 futures?

Before making any Formula 1 picks, be sure to see what SportsLine predictive data engineer Mike McClure, who produces the SportsLine Formula 1 model, has to say.

The 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 April and nailed Verstappen to win in Belgium, the Netherlands, Japan, the United States, Mexico and Abu Dhabi. It has also called all 19 of Verstappen's wins during the 2023 season. Anyone who followed the model's lead on those plays has seen HUGE returns!

For 2024 Formula 1 futures, we can tell you McClure is backing Kevin Magnussen to best his 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 was 13th in the standings with 25 points in 2022 and doubled up then teammate Michael Schumacher. McClure is expecting a bounce-back season for the 31-year-old Danish driver and is taking the plus-money chance on him to best his German teammate.

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' championshp picks! Anyone who backs these driver could hit it BIG! You ABSOLUTELY NEED to see their picks before locking in any F1 picks of your own.