What you need to know to bet on Formula One?

Tech Draft: Time for Formula 1 broadcasters to refocus on the sport

The 22-round FIA Formula One World Championship is a gruelling nine-month war of attrition, pitting drivers and their machines against each other across five continents.

The competition enthralls fans of high-performance racing around the globe, and it draws more spectators from more corners of the world than any annual competition.

Like a Russian nesting doll, the F1 series is a race within a race within a race…within a…you get the idea. The F1 World Championship is truly a challenge that requires an effort that crosses cultures, time zones, and borders.

Once a driver wins the F1 World Championship, their name is forever immortalized among the legends of the sport.

For the multi-leg manner of the competition, the demands placed on the race cars and the teams that service machine and driver, the F1 Series is unique in sports. It’s almost like a World Cup tournament but held every year instead of every four.

No wonder that sports bettors are fascinated by the sport of Grand Prix-style F1 racing: there are 22 races to wager on every season; odds available for within each race; and the overall points competition where you can choose your favorite driver to take the title.

Most major US sportsbooks will have odds on Grand Prix events and most offer bonus offers for new bettors. Look for these new offers, like Caesars Sportsbook promo code, or BetMGM ongoing bet boosts.

How Many Countries and Continents Host Formula One Races?

The national flags is flying around the world formula one races

The FIA Formula One World Championship begins in February and extends through November, It consists of 22 “rounds” or races.

The following countries host F1 events annually:

  • Great Britain
  • United States
  • Canada
  • Mexico
  • Brazil
  • Singapore
  • Bahrain
  • Spain
  • Saudi Arabia
  • Monaco
  • FRance
  • Italy
  • Australia
  • Azerbaijan
  • Hungary

The competition takes place in North America, South America, Asia, Europe, and Australia. It also visits tiny island nations in the Pacific Ocean.

European Football may be “the world’s game,” but F1 racing is the world’s most popular motorized sport. The top Formula One drivers earn the highest salary of race car competitors in the world. The top driver in 2021, Lewis Hamilton, collected an estimated $55 million.

How the FIA F1 World Championship Works

FIA formula one

Formula One is governed by the Fédération Internationale de l’Automobile, or FIA. That organization, headquartered in France, has broad responsibilities in the world of motor car racing.

Not only does it oversee Formula One, but it also establishes rules for other racing events and competitions. But Formula One is the most popular and profitable racing series in the world.

The Formula One World Championship is carved into 22 races, each called a “Grand Prix.”

Drivers must qualify for the Championship season by winning races or succeeding at time trials. They also must hold a Super License, the most prestigious form of drivers license in the world. Since 1950, the series has hosted Grand Prix events. In 1981, F1 was pulled underneath the FIA umbrella.

The oldest Grand Prix event is the French Grand Prix, which began in 1906 and predates the race championship series by nearly five decades.

Each Grand Prix awards points for first place, second place, third place, and so on. Drivers accrue points as the season wears on, with the points leader after the 22nd Round (or Grand Prix Round) being crowned FIA Formula One World Champion. Drivers earn points for every place through tenth place, and all Grand Prix races are weighted the same. Unlike other sports, there are no “majors” in F1 racing.

What is the “Formula” in Formula One?

Verstappen: It will be hard to beat the Ferraris

Why are they called “formula” cars?

Because each car must adhere to a “formula” of design and operation that conforms to the rules set by FIA. This includes weight, wheels, engine size and performance, and many other factors.

Manufacturers and race officials are constantly seeking ways to improve the performance of the machines. Adjustments in aerodynamics and modifications to reduce turbulence make the cars safer and easier to control for race maneuvers like passing and drafting. The result is better competition among crews and drivers, and more exciting races for fans.

The “One” in Formula One refers to the type of track used for the series of Grands Prix. A “1” rated track is the highest-performance and most challenging course available to drivers.

The Formula One Circuit

formula 1 zandvoort aerial 2021 dutch grand prix

Races are held on “circuits” in Formula One, as opposed to tracks you’ll see in NASCAR and other race competitions.

A circuit may be built in an area that is contained as a “permanent circuit” track, or in some instances a Grand Prix is held on actual streets. Street circuits include Monaco, Melbourne, Singapore, Baku, and the Miami Grand Prix, which is held in May each year.

Other street circuits occasionally are held in the FIA F1 World Championship, such as Las Vegas in prior years.