Formula 1 Betting Odds Slashed Following First Pre-Season Test

Formula 1 Betting Odds Slashed Following First Pre-Season Test

Spain – Formula 1 betting odds have today been slashed on a number of drivers and constructors following the first pre-season test at Circuit de Catalunya-Barcelona in Spain.

Day one opened the testing campaign for the 2020 season with Lewis Hamilton and Valtteri Bottas clocking up the first and second fastest times, both of whom drive for Mercedes.

Third fastest was Sergio Perez; a Mexican racing driver currently driving for Racing Point, an English motor racing team based in Silverstone, United Kingdom.

Following the completion of the test, bookmakers around Europe and the rest of the world were quick to slash their betting odds on the top three fastest drivers, along with cutting odds of fourth fastest Max Verstappen, who is currently 5/1 third favourite to win the F1 driver’s championship this year.

Max Verstappen, who holds the record for the youngest driver to compete in Formula 1 back in 2015 shared his thoughts on an eventful day that saw the Belgian-Dutch driver spin twice on the track:

“I touched once the gravel, that is why I spun. And once I lost it in the same corner. These things can happen trying to see the limits of the car, what you can do. Those things are part of it. Luckily no damage, which at the end of the day is the most important thing.”

Verstappen, who currently drives for Red Bull Racing added:

“It has been a good day; the car has been working really well, and the engine – that’s all we want to see. For us it is the most important, I’m very happy about that. It is your first time back in the car so of course your neck is always going to be stiff.”

Ahead of Verstappen as second and first favourite, who’s odds have also been slashed to win the driver’s championship in 2020 are Charles Leclerc at 9/2 and Lewis Hamilton at 4/6.

The day was also deemed a success for ROKiT Williams for being first out on the testing track as British driver George Russell set the eighth fastest time and said:

“It’s feeling good. It’s definitely an improvement on last year. It’s difficult to get a read so far but from within it feels nice to drive. Obviously lap times are the important thing and we’ll only know by the end of next week how that is. Last year was far from ideal and the team have done a really great job to achieve that and the build quality of the car is so much better standard compared to last year. Things fit properly and the car looks better from a design perspective, so I think overall it’s been a very positive morning.”

Russell expanded:

“It was definitely a character-building year last year and I’m confident we can go racing this year and have a bit more fun than last year, and that’s what we are all hoping for.”

However, despite the promising result, bookmaker odds never moved from 500/1 for Russell following last year’s poor finish from the Oxfordshire constructor, who are placed also at 500/1 odds to win the 2020 Constructors Championship, a table dominated by favourites Mercedes at 4/11, Ferrari at 7/2 and Red Bull at odds of 9/2.

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