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  • Track 2023 Formula 1 Constructors’ Championship odds for all top competitors
  • Red Bull Racing is the favorite to capture its second-consecutive Formula 1 Constructors’ Championship
  • See the winners of every 2023 Formula 1 Grand Prix, along with notable odds movement all season long

We’ll be tracking the 2023 Formula 1 Constructors’ Championship odds for all constructors as they become available and will chart them on this page. The graphs below are generated by calculating the average from a selection of trusted sportsbooks.

Top Formula 1 Constructors’ Championship Contenders

  • [Jul 4] Two more podium finishes at the Austrian Grand Prix and a near two hundred-point lead over Mercedes has all but given Red Bull the Constructors Championship in 2023, even with half the season remaining.
  • [Jun 19] After another dominating performance at the Canadian GP, most sportsbooks are now only offering Constructors’ Championship odds “without” Red Bull – if they’re offering Constructors’ odds at all.
  • [Jun 5] Red Bull’s dominance of the 2023 season continued in Spain with another win this past weekend. Their Constructors’ Championship odds are now as short as -20000.
  • [May 29] Mercedes saw its average championship odds shorten from +4500 to +2900 following the fourth and fifth-place finishes of Lewis Hamilton and George Russell in Monaco.
  • [May 1] For the third time this season, Verstappen & Perez have finished 1-2 at the Azerbaijan GP, further extending Red Bull’s lead in the Constructors’ Championship.
  • [Apr 3] Red Bull may be 3-for-3 in Constructors’ wins, but Aston Martin continues to impress. Odds for the British manufacturer now sit at +2500 after opening at +20000.
  • [Mar 20] Verstappen & Perez again took the top two spots on the podium, greatly shortening Red Bull’s Constructors’ Championship odds to -2500.
  • [Mar 6] After Max Verstappen and Sergio Perez finished 1-2 at the Bahrain GP, Red Bull’s Constructors’ Championship odds shortened from -110 to -450.
  • [Jan 24] No change in odds for any of the builders as we’re now just under six weeks away from the first race of the season.
  • [Dec 5] Red Bull Racing opens as favorites to repeat as Constructors’ Champions in 2023, with odds sitting -110. Mercedes and Ferrari are not behind, with odds at +120 and +550, respectively.

2022 Formula 1 Constructors’ Championship Odds

Constructor Odds
Red Bull -10000
Mercedes +6000
Aston Martin +10000
Ferrari +25000
Alpine +400000
McLaren +500000
AlphaTauri +600000
Alfa Romeo +600000
Haas +600000
Williams +700000

Odds last recorded on June 19th.

Past 10 Constructors’ Championship Winners

Year Winner
2022 Red Bull Racing-RBPT
2021 Mercedes
2020 Mercedes
2019 Mercedes
2018 Mercedes
2017 Mercedes
2016 Mercedes
2015 Mercedes
2014 Mercedes
2013 Red Bull-Renault

In 2022, Red Bull Racing won its first constructors’ championship since 2013 and fifth overall. This was the first win, however, using their RBPT engine.

Constructors’ with the Most Championships

When it comes to Constructors’ Championships, everyone is still looking up at Ferrari. The Italians were nearly unbeatable at the turn of the century, winning seven titles from 2000-08.

2023 Formula 1 Schedule and Results

Event Date Winner
Bahrain Grand Prix March 5th, 2023 Max Verstappen (Red Bull)
Saudi Arabian Grand Prix March 19th, 2023 Sergio Perez (Red Bull)
Australian Grand Prix April 2nd, 2023 Max Verstappen (Red Bull)
Azerbaijan Grand Prix April 30th, 2023 Sergio Perez (Red Bull)
Miami Grand Prix May 7th, 2023 Max Verstappen (Red Bull)
Emilia Romagna Grand Prix May 21st, 2023 Cancelled
Monaco Grand Prix May 28th, 2023 Max Verstappen (Red Bull)
Spanish Grand Prix June 4th, 2023 Max Verstappen (Red Bull)
Canadian Grand Prix June 18th, 2023 Max Verstappen (Red Bull)
Austrian Grand Prix July 2nd, 2023 Max Verstappen (Red Bull)
British Grand Prix July 9th, 2023 Max Verstappen (Red Bull)
Hungarian Grand Prix July 23rd, 2023 Max Verstappen (Red Bull)
Belgian Grand Prix July 30th, 2023 Max Verstappen (Red Bull)
Dutch Grand Prix August 27th, 2023
Italian Grand Prix September 3rd, 2023
Singapore Grand Prix September 17th, 2023
Japanese Grand Prix September 24th, 2023
Qatar Grand Prix October 8th, 2023
United States Grand Prix October 22nd, 2023
Mexico City Grand Prix October 29th, 2023
Sao Paulo Grand Prix November 5th, 2023
Las Vegas Grand Prix November 18th, 2023
Abu Dhabi Grand Prix November 26th, 2023

Formula 1 Constructors’ Championships By Country

Italian constructors’ have some work to do before catching up to the United Kingdom. 10 different British constructors’ have combined to win 34 championships since 1958. That’s twice as many as any other country.


Archived Odds: 2022, 2021, 2020, 2019

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With a background in content marketing, literature, and design, Ian has been bringing a little bit of everything to SBD since 2021. In addition to having penned articles for Eighty-Six Forever, Ian can and will talk your ear off over almost any sport you can think of.