Max Verstappen and George Russell are the frontrunners in the 2026 Formula 1 championship odds according to bookmakers. Lando Norris and Oscar Piastri complete the top four.
Sky Bet's opening board for the drivers' championship makes Verstappen the favourite at 5/2. Russell is close behind at 11/4 and Norris sits third at 7/2. Piastri is next at 6/1. These prices roughly translate to Verstappen at just under 29%, Russell around 27%, Norris 22%, and Piastri about 14%. These tight margins are fair considering the championship is entering a season that sees a major overhaul of regulations.
For Russell to sit within touching distance of Verstappen implies there is plenty of faith in not just the Briton, but also the machinery he will be piloting. After Mercedes' success with hybrid-powered cars from 2014, there is plenty of confidence from the market in its 2026 package.
Reinforcing this idea, Mercedes is priced as a favourite for the 2026 constructors' championship at 8/5, according to aggregator Oddschecker. The team sits narrowly ahead of McLaren at 13/8, with Ferrari and Red Bull much further back.
Verstappen's place at the top of the driver odds is also interesting considering Red Bull's challenge of bringing its partnership with Ford to a successful start. It seems as though the market isn't spooked by Ford's part in the team's all-new power unit. It does, however, also confirm the market's confidence in the four-time champion's level of driving - something he's proven countless times over the last several years.
Further back on Sky Bet's list, Fernando Alonso and Kimi Antonelli sit at 12/1 with Ferrari's Charles Leclerc at 22/1. Lewis Hamilton sits even further at 33/1. There is little confidence in Ferrari.
Sky Bet: 2026 F1 drivers' championship odds
| Driver | Odds (fractional) | Implied probability |
|---|---|---|
| Max Verstappen | 5/2 | 28.57% |
| George Russell | 11/4 | 26.67% |
| Lando Norris | 7/2 | 22.22% |
| Oscar Piastri | 6/1 | 14.29% |
| Fernando Alonso | 12/1 | 7.69% |
| Kimi Antonelli | 12/1 | 7.69% |
| Charles Leclerc | 22/1 | 4.35% |
| Lewis Hamilton | 33/1 | 2.94% |
| Carlos Sainz | 80/1 | 1.23% |
| Alex Albon | 100/1 | 0.99% |
| Lance Stroll | 100/1 | 0.99% |
| Pierre Gasly | 100/1 | 0.99% |
| Valtteri Bottas | 100/1 | 0.99% |
| Oliver Bearman | 100/1 | 0.99% |
| Isack Hadjar | 100/1 | 0.99% |
| Nico Hulkenberg | 150/1 | 0.66% |
| Sergio Perez | 150/1 | 0.66% |
| Esteban Ocon | 200/1 | 0.50% |
| Liam Lawson | 200/1 | 0.50% |
| Arvid Lindblad | 200/1 | 0.50% |
| Gabriel Bortoleto | 250/1 | 0.40% |
| Franco Colapinto | 250/1 | 0.40% |
Oddschecker: 2026 drivers' championship winner odds
| Driver | Odds (fractional) | Implied probability |
|---|---|---|
| Max Verstappen | 14/5 | 26.32% |
| George Russell | 10/3 | 23.08% |
| Lando Norris | 7/2 | 22.22% |
| Oscar Piastri | 15/2 | 11.76% |
Oddschecker: 2026 Australian Grand Prix winner odds
| Driver | Odds (fractional) | Implied probability |
|---|---|---|
| Max Verstappen | 33/10 | 23.26% |
| George Russell | 10/3 | 23.08% |
| Lando Norris | 18/5 | 21.74% |
| Oscar Piastri | 6/1 | 14.29% |
Oddschecker: podium finish odds
| Driver | Odds (fractional) | Implied probability |
|---|---|---|
| Max Verstappen | 4/6 | 60.00% |
| George Russell | 4/5 | 55.56% |
| Lando Norris | 5/6 | 54.55% |
| Oscar Piastri | 6/4 | 40.00% |
Oddschecker: winning team odds
| Team | Odds (fractional) | Implied probability |
|---|---|---|
| McLaren | 6/4 | 40.00% |
| Mercedes | 21/10 | 32.26% |
| Red Bull | 12/5 | 29.41% |
| Aston Martin | 12/1 | 7.69% |
Oddschecker: constructors' championship winner odds
| Team | Odds (fractional) | Implied probability |
|---|---|---|
| Mercedes | 8/5 | 38.46% |
| McLaren | 13/8 | 38.10% |
| Ferrari | 8/1 | 11.11% |
| Red Bull | 13/1 | 7.14% |
Odds will change periodically, but were correct at the time of publishing.
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