Formula 1 Betting, Live Grand Prix Updates, Live Odds - HowToBet.com
formula-1-logo

Formula 1

Formula 1

Formula 1 is the top class of single-seat international auto racing, sanctioned by Fédération Internationale de l'Automobile (FIA). It is owned by the Formula One Group, and it is one of the world's premier racing organizations. 

1950 was the first season of Formula 1, and the series of races is referred to as the Grand Prix. The races in Formula 1 are held around the world on either tracks or open roads. The terms formula in Formula 1 I the rules that the drivers and cars have to adhere to. 

Online Formula 1

Considering Formula 1 is the premier form of racing around the world, and there is no lack of betting options on the sport. Pretty much all online sportsbooks will have odds for every Formula 1 race, and many betting markets are available. 

While the race winner is the most popular Formula 1 bet, there are many others from prop bets, futures bets, driver versus driver matchups, top 3, top 5, and top 10 finisher bets.

With Formula 1 being so popular around the world, many sportsbooks offer various bonuses and promotions for the sport. This is especially the case for bigger races as well as the year-end season championship. If you like to bet on Formula 1, you have many betting options. 

Rules and Gameplay 

In a Formula 1 race, cars begin the race on a standing grid, and the main goal is to win the race completing the required number of laps before all other drivers. The cars are not allowed to contact each other during the race. 

Blocking other cars and weaving is also not allowed in Formula 1 racing, but drivers can take a defensive line if they do not change their speed or their direction unpredictably. 

The specification of all the cars in a Formula 1 race is controlled, but they still will vary significantly in their performance. There are many technical rules and regulations in Formula 1, but the main goal is to win the race without hitting another driver. 

All Formula 1 races will have a standing start with the only exception in very wet weather conditions. The Saturday Stage 3 qualifying will determine the Sunday Formula 1 race start order. The faster the qualifying time on Saturday, the closer to the front of the starting position the driver will be on Sunday. 

The driver in a Formula 1 race must use at least two separate types of tire compounds unless tires for wet conditions are used. The fuel load in a car is limited, and drivers are not allowed to refuel during a Formula 1 race. 

In a race, there is a drag reduction system that lets a driver gain speed in a straight line on designated straight areas of the track if they are a second or less behind another driver. 

Each race has a designated number of laps, in a time limit of two hours, and the first driver to finish all of the laps wins the race. Cars in a Formula 1 race can pit their cars in the pit-lane, unless closed, to either change tires or make other repairs. 

Drivers in a Formula 1 race cannot intentionally hit another driver, and they cannot leave the track, all four wheels over the lines, to gain an advantage in time or to pass another driver. If a driver goes off the rack by accident, they will not be penalized. Some penalties can be given during the race or afterward from time penalties in the race to disqualification. 

Formula 1 Flags 

There are a set of colored flags that the drivers have to abide by during a Formula 1 race and they are: 

  • Yellow Flag – Caution flag where a Formula 1 driver must slow down and double waved yellow flags means the driver will have to stop until the situation on the track is taken care of. Drivers cannot pass on a yellow flag. 
  • Red Flag – Stops the race due to a crash or bad weather. 
  • Blue Flag – This is shown to a car that is about to be passed by a faster driver, and if they do not let them pass after three blue flags, they are penalized. 
  • Green Flag – Resumes the race after a yellow or red flag. 
  • Black Flag – This is shown to a driver that has been disqualified from the race. 
  • White Flag – Indicates there is a slow-moving vehicle on the track. 
  • Checkered Flag – Indicates the end of a race, and when the driver is shown the checkered flag, they are the winner. 
  • Black Flag with Orange Circle – Indicates any mechanical issue, and drivers must pit stop. 
  • Half Black and Half White Flag – Shown to a driver warning them of unsportsmanlike conduct. It is a warning flag before the black flag is given. Yellow and Red Striped Flag – Warning flag to drivers that the track is slick due to water, oil, or any other type of lubricant. 

Strategy and Tactics 

There are various strategies and tactics that Formula 1 drivers follow in a race. Some prefer to get the lead quickly and try to stay there while others remain near the back and make a late run. There are different tactics for passing, depending on the track. 

One of the common tactics in Formula 1 racing is drafting. Drafting is also called slipstreaming, closely following a car on a straight part of the track to be more aerodynamic and then attempting to pass the driver in front on the next turn when braking. 

However, slipstreaming causes less grip for the following driver, and they have to consider that when they look to pass. 

One of the main strategies involved in Formula 1 races have to do with the pit stops. This is especially the case for Formula 1 racing since refueling is not allowed. Because of this, with bigger tanks, it puts more pressure on the tires. 

If a driver pit stops to make changes to the car and change tires, that car may end up going faster because of it. With Formula 1 being such a big business these days, the decision on when to pit is crucial in races. Because of that, many mathematical models crunch data on track positions, the consumption of fuel, the wear on the tires, weather conditions, and other factors. 

Many computer models run tons of scenarios to find the best strategy for saving time and winning the race. The team bosses, crew chief, work with the drivers to know the risk of all the different strategies involved and implement what they think is the best. 

History of Formula 1 

Formula 1 can trace its roots to the earliest motor races in the 1920s and 1930s. There were plans for a Formula One drivers' championship in the latter part of the 1930s, but they were put on hold with the onset of World War 2. 

In 1946, Formula 1 was floated again. While there were races in that year in 1947, the drivers' championship was launched but did not take full form until 1950. There was a Formula 1 race held at Pau, but the first Formula 1 world championship race was held at Silverstone. In 1950 only seven of the 20 Formula 1 races counted towards the championship title. 

Non-championship races were on the Formula 1 schedule until 1983 when those races were not deemed profitable enough. 

Most of the early drivers in Formula 1 bought their own cars and raced them. However, early Formula 1 was dominated by the more prominent pre-war manufacturers such as Mercedes Benz, Alfa Romeo, Ferrari, and Maserati. Giuseppe ("Nino") Farina won the first Formula 1 title, and Juan Manuel Fangio win five titles in the 1950s (1951, 1954, 1955, 1956, and 1957) he did it with five different manufacturers.

In the later 1950s and 1960s, there were many technological advances in the cars in Formula 1. At the beginning of the 1970s, Bernie Ecclestone changed the management of the commercial rights of Formula 1. Ecclestone is the person that is credited with transforming Formula 1 into a multi-billion business that it is today. 

Wall of Fame 

Many of the best Formula 1 drivers are in the FIA (Fédération Internationale de l'Automobile) Hall of Fame, which was established in 2017. The first inductees to the FIA Hall of Fame were the first 33 Formula One world champions. 

When it comes to the greatest Formula 1 driver of all time, there will also be a fierce debate. The top list of those drivers usually includes Ayrton Senna, Michael Schumacher, Lewis Hamilton, and Juan-Manuel Fangio. 

Senna had won three world titles before he died in an accident while in the lead at the1994 San Marino Grand Prix. Schumacher shattered many records in the 1990s and 2000’s and has the most wins of all time (91) and most titles (7). 

Hamilton has won six world titles and may end up being the best of all time. He entered the 2020 season with 84 wins, and he is still going strong. Fangio dominated Formula 1 in the 1950s, and while only took part in 52 races, he won 24 of them. 

Other Formula 1 drivers considered all-time greats are Sebastian Vettel, Jackie Stewart, and Alain Prost.

To see all of the Formula 1 world champions CLICK HERE

Phil Hill is the only American born winner of the Formula 1 title. The legendary Mario Andretti also won the title as an American but was born in Europe. 

Distinctive Elements 

The main distinctive element of Formula 1 racing is the speed of the cars whipping around the track or course. The drivers have great skill in maneuvering their cars within close proximity of other ones while traveling at high speeds. The races are on unique courses and tracks, with some taking place in a city such as the prestigious Monaco Grand Prix. 

One of the other distinctive elements of Formula 1 racing is that it is a truly global sport. Formula 1 races are held all over the world, and the field of drivers are from all around the globe.

Like any other motorsport, accidents and deaths are a distinctive element to Formula 1 racing. While safety measures are always in place for races and the cars themselves, there are still many crashes and deaths in Formula 1. As of 2020, there have been 26 fatalities of Formula 1 drivers in races with the last coming in 2015. 

The competition between car manufacturers has always been a significant element of the sport that continues to this day. The teams always try to get the best cars in the field to capture the glory. There are always drivers switching teams as well, which adds to the drama of the exciting sport. 

Formula 1 Statistics 

There are many statistics for Formula 1, both during the race and driver records and win percentage. There is an excellent Wikipedia page for Formula 1 driver records, which you can read by CLINKING HERE.

A couple of the key in race statistics for Formula 1 are average lap speed and fastest lap. The official Formula 1 stats page can be SEEN HERE.

One of the most important stats for a Formula 1 racing season is the points. The championship title is a point-based one where drivers get points depending on how they finish the race. The driver with the most points at the end of the Formula 1 season wins the world title. 

The winner of a Formula 1 race is awarded 25 points, and the second-place finisher is awarded 18 points. 15, 12, ten, eight, six, four, two, and one point are awarded for positions 3 through 10, and the driver with the fastest lap in a race is awarded one point. 

People that bet on Formula 1 also use statistics when they handicap a race. If you handicap a race, it can give you a lot of valuable information and a better chance to win a bet on a Formula 1 race. 

Popularity and Cultural Impact 

Formula 1 is very popular around the world, and while that is the case in the United States, it is more prominent in Europe and South America. Many of the drivers in Formula 1 are superstars, such as Lewis Hamilton, and they are sought after to lend their names for endorsements and charities.

message icon background
Join Our Tribe

Get all the latest sports news, expert tips and reviews.

Accept Cookies

To improve your user experience, we use cookies on our website. By continuing to use the service, you accept the use of cookies and our privacy policy.

Additional Information
ACCEPT
DECLINE
responsible 18responsible 21responsible 21
HowToBet.com - Sports Betting & USA Online Gambling Guides

We are committed to sharing our expert betting knowledge so you can have a winning chance against the bookie, the house or even naming the winner of the next Dancing with the stars.

HowToBet.com is part of Raketech Group - licensed and operating in PA, NJ, IN, CO, WV, MI, TN, IL, VA. Address: 263 Shuman Blvd Ste. 145, Naperville, IL 60563, United States

Disclaimer: It is your responsibility to check gambling regulations in your jurisdiction. Howtobet.com does not accept responsibility for factual errors that may be evident. The site contains commercial content. This website is not responsible for third-party privacy policies.