Formula 1 enters the Top 5 most bet sports in Brazil

This weekend's São Paulo Formula 1 GP takes place in Interlagos. It is estimated that the competition will generate around R$ 1 billion. Sports betting has gained a lot of traction in Brazil. Formula One is one of the five sports with the highest volume of bets in the country. The sport has a small number of events compared to other sports. However, it has growing interest among Brazilian bettors. The modality awaits regulation, which should be dealt with by the Lula government in 2023.. Esportes da Sorte's commercial director Daniel Trajano says the media about the Sao Paulo GP is very impactful and leads betters to look for the sport.