Betting odds for the British Grand Prix – who is the favourite to shine at Silverstone?

The 2022 British Grand Prix is upon us, Red Bull on a run of six consecutive victories while Ferrari are the hunters this time around. What do the betting odds say about both teams' chances this weekend?

188BET's odds are presented in decimal form: for every $1 wagered you would win the figure represented by the odds; so, if Verstappen is favourite at 1.50, you would win $1.50 for every dollar bet.

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The odds for the win

Red Bull have won the last six races and Max Verstappen enters this weekend as the favourite having won five of those. After winning the 70th Anniversary Grand Prix here in 2020, he's seeking a maiden British Grand Prix victory.

He is followed by his title rivals Charles Leclerc and Sergio Perez, both of whom are looking for a maiden British GP win – though Leclerc did finish runner-up in last year's race, having led after Verstappen and Lewis Hamilton collided.

As for Hamilton, he's won the British Grand Prix a record eight times, though Mercedes are yet to win a race this saeson. They're looking to end their winless run with a host of upgrades for both drivers' home race – but what do the odds say about their chances?

Max Verstappen 1.90
Charles Leclerc 3.25
Sergio Perez 10.0
Carlos Sainz, George Russell, Lewis Hamilton 13.0
Fernando Alonso, Lando Norris, Valtteri Bottas 151
Daniel Ricciardo, Pierre Gasly 301
Esteban Ocon, Lance Stroll, Sebastian Vettel 601
Alex Albon, Kevin Magnussen, Mick Schumacher, Nicholas Latifi, Yuki Tsunoda, Zhou Guanyu 901

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MONTREAL, QUEBEC - JUNE 19: Max Verstappen of Red Bull Racing and The Netherlands during the F1 — Verstappen has taken two wins in a row ahead of Silverstone

The odds for who will be fastest in qualifying

Leclerc has been in supreme qualifying form this season, with the Ferrari driver having taken pole position for six out of the nine races so far, and the odds have him as the favourite to take top spot on the qualifying timesheets for the seventh time this weekend. He is closely followed by Verstappen – who did qualify on pole in Canada when Leclerc was hit by grid penalties – and Perez.

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Leclerc’s team mate Carlos Sainz is still looking to take his maiden F1 pole position, but he has qualified in the top three in six races so far. Can he finally put it on P1 this weekend?

The Mercedes duo of Hamilton and George Russell cannot be split by the bookies, and after showing signs of improved form in Montreal, and with the team expected to bring upgrades to Silverstone, could one of the British pair seal an unlikely pole position? Well, let us see what the odds say…

Charles Leclerc 1.80
Max Verstappen 2.60
Sergio Perez 8.00
Carlos Sainz 13.0
George Russell, Lewis Hamilton 34.0
Fernando Alonso 67.0
Lando Norris 151
Daniel Ricciardo, Esteban Ocon, Pierre Gasly, Sebastian Vettel, Valtteri Bottas 301
Kevin Magnussen, Lance Stroll 601
Alex Albon, Mick Schumacher, Nicholas Latifi, Yuki Tsunoda, Zhou Guanyu 901

MONTREAL, QUEBEC - JUNE 19: Charles Leclerc of Monaco driving (16) the Ferrari F1-75 on track — Engine penalties meant Leclerc started 19th in Canada – can he bounce back in Great Britain?

The odds for a podium finish

Last year’s podium featured Hamilton, Leclerc and then-Mercedes driver Valtteri Bottas. We might need a fair bit of chaos this year for that top three to repeat itself...

The odds understandably favour the Red Bull and the Ferrari drivers, as they have been the dominant teams so far this season. But with other teams, including Mercedes and Alpine, expected to bring big upgrade packages to Silverstone, could there be a change in the grid order?

So far this season, McLaren's Lando Norris is the only non-Ferrari, Red Bull or Mercedes driver to make it onto the podium. Here are the favourites to make the podium at Silverstone this weekend.

Max Verstappen 1.25
Charles Leclerc 1.40
Sergio Perez 1.80
Carlos Sainz 2.00
Lewis Hamilton 3.00
George Russell 3.50
Lando Norris 13.0
Fernando Alonso 19.0
Daniel Ricciardo, Valtteri Bottas 26.0
Pierre Gasly 34.0
Esteban Ocon 41.0
Sebastian Vettel 67.0
Kevin Magnussen, Lance Stroll, Yuki Tsunoda, Zhou Guanyu 151
Mick Schumacher 201
Alex Albon 601
Nicholas Latifi 901

F1 TV ARCHIVE: Watch extended highlights of the chaotic and classic 2003 British Grand Prix

MONTREAL, QUEBEC - JUNE 19: Third placed Lewis Hamilton of Great Britain and Mercedes celebrates on — Hamilton stood on the podium last time – and both he and Russell will be driving upgraded W13s

The odds for fastest lap

The last three races have seen three different drivers get the point for fastest lap, with Norris doing so at Monaco, Perez in Azerbaijan and Sainz in Canada. As for Leclerc, not only did his last win come in Round 3 at Melbourne, his last fastest lap came there too. And Verstappen's waited a fair bit for a fastest lap, his last one coming in Miami, Round 6. The Dutchman is favourite to do it this time around...

How do F1 engine penalties work?

Max Verstappen 2.10
Charles Leclerc 2.50
Sergio Perez 5.50
Carlos Sainz 9.00
George Russell, Lewis Hamilton 41.0
Fernando Alonso 67.0
Daniel Ricciardo, Esteban Ocon, Lando Norris, Pierre Gasly, Sebastian Vettel, Valtteri Bottas 151
Alex Albon, Kevin Magnussen, Lance Stroll, Mick Schumacher, Nicholas Latifi, Yuki Tsunoda, Zhou Guanyu 301

MONTREAL, QUEBEC - JUNE 19: Sergio Perez of Mexico and Oracle Red Bull Racing looks on from the — Retirement cost Perez in Canada and he'll be looking to fight back at Silverstone

What are the odds for which team will take the most points?

Red Bull lead both championships and they're favourites to consolidate their lead in the British Grand Prix, but they were actually outscored by Ferrari in Canada as Perez retired. The odds put Mercedes as third-favourites to take the most points this weekend.