Get an in-depth analysis of the best motor sports betting sites to wager on Formula 1 and NASCAR this season.

FanDuel found its ground in the online gambling world as a daily fantasy sports operator. Now standing as one of the top online sportsbooks in the U.S., FanDuel has expanded its reach in the industry. FanDuel was one of the first sites to offer NASCAR DFS, demonstrating its willingness to create an excellent all-around experience for motor sports betting.

Many of FanDuel Sportsbook’s primary competitors neglect motor sports betting because the market isn’t as popular as the NFL, NBA and MLB. FanDuel doesn’t, making it our favorite motor sports betting site.

You can find a solid assortment of odds and lines at FanDuel Sportsbook for any significant or minor race. Every market is neatly organized into distinct categories, making it that much easier to track down what you want your exact bet to be.

FanDuel’s mobile app is also extraordinary. Its primary landing page is simple and thorough. Within seconds, you can acquire promos, explore betting markets, and process withdrawals from your mobile device.

FanDuel also offers some of the most valuable welcome bonuses among the best motor sports betting sites, including bet and get offers and first bet insurance. As an existing customer, you won’t find many promos specific to motor sports, but this is true for most sites. However, you will still find offers for significant events like the Daytona 500.

While many of the top-ranked online sports betting sites for motor sports have exemplary aspects about them, none stand out more than FanDuel Sportsbook.

While FanDuel Sportsbook is the top betting site for motor sports within these rankings, there are still plenty of other solid options. Let’s explore four other sportsbooks that round out the following rankings of the best motor sports betting sites.

With its history in motor sports wagering, the DraftKings Sportsbook stands out as one of the best places to bet on NASCAR or Formula 1. This is primarily due to the sheer number of markets it offers, including driver versus driver betting.

DraftKings also offers valuable welcome promos to new customers and keeps them engaged with even more bonuses once they have established an account. You will often find profit boosts and/or odds boosts in the promotions tab at DraftKings Sportsbook, sometimes specifically related to motor sports events if there’s a significant race upcoming.

One of the best aspects of bet365 Sportsbook is its consistent industry-leading welcome offers. You can typically choose between a first bet insurance promo or a bet and get style bonus.

bet365 may not dominate the market for other sports, but its focus on motor sports is apparent. If you’re looking to bet on your favorite drivers in Formula 1, there’s no better place to do so than bet365. While Formula 1 is a specialty of bet365, you’re also covered if you want to bet on NASCAR.

While BetMGM doesn’t go above and beyond for motor sports enthusiasts, its welcome bonuses are tough to ignore. The scarcity of Formula 1 or NASCAR markets is frustrating if that’s what you’re looking for, but even for the small number of them available, claiming a welcome bonus is simple and can be pretty lucrative.

BetMGM Sportsbook typically offers among the highest dollar values on its welcome bonuses, sometimes providing as much as $2K in bonus bets. These offers come in numerous structures, with the site allowing you to choose from a first bet insurance, deposit match or bet and get at times.

FanCash can be used as bonus bets or to purchase merchandise directly from Fanatics. For every bet you place, you earn a percentage back as FanCash. Most straight wagers contribute just 1%, but some forms of parlays, based on the length of the odds, contribute as much as 5%.

Fanatics Sportsbook also offers new customers valuable promos with unique structures. These include bet matches, deposit matches and more. You can combine these excellent offers with FanCash to get more value in return than you can with other motor sports betting sites.

Caesars provides a plethora of futures betting opportunities for both NASCAR and Formula 1 markets. Notably, Caesars often has the best odds for futures bets. 

Moreover, the sportsbook is amongst the best places for betting on motor sports due to its promotions, motor sports betting markets, and of course, the renowned Caesars Rewards program.

Some useful information that can be gathered via the “Statistics” page at BetRivers includes track surface, track length and recent results of drivers, along with driver rankings for both current and past seasons.

On top of that, BetRivers boasts some of the most favorable odds when it comes to betting on motor sports. Whether you are wagering on NASCAR or Formula 1, BetRivers supplies competitive odds.

There are many aspects of motor sports betting sites that users must consider when deciding which one to bet on. When it comes to analyzing the best sign-up bonuses, betting apps and odds for NASCAR and Formula 1, we have you covered.

Depending on what you’re looking for in a sign-up bonus, you can generally find the best promos at BetMGM Sportsbook or bet365 Sportsbook. BetMGM typically offers welcome bonuses with high bonus dollar values attached to them, but bet365 provides great value as well. Both sites traditionally offer multiple bonus structures at a time, allowing you to make the choice.

Upon thorough analysis of the mobile apps of motor sports betting sites, FanDuel Sportsbook has the best mobile betting app. The FanDuel app runs more smoothly than its competitors, and the simple interface is a great first option for sports betting beginners.

It doesn’t matter what you try to do within the FanDuel mobile app–you’ll be able to take care of business quickly and efficiently. The layout is concise, and unlike many of FanDuel’s competitors, there are no unnecessary ads and banners.

You can download the FanDuel mobile app for iOS and Android devices. Let’s look at how the reviews of the top betting apps for motor sports shake out in the App Store and Google Play.

As you can see from the chart, the FanDuel Sportsbook mobile app is tied for the best-rated app on both iOS and Android devices. This confirmed our belief that the FanDuel app is the best, as thousands of reviews support our analysis.

While live betting is available at all of the best motor sports betting sites, one site reigns supreme. The best site for live betting on Formula 1 and NASCAR events is DraftKings Sportsbook.

DraftKings has one of the best mobile apps, and because of its industry-leading market variety, you can live bet on more markets than others.

The Daytona 500 is one of the biggest races on the NASCAR calendar, and you will have the best betting experience at FanDuel Sportsbook for the event. FanDuel offers a great selection of odds for the event, both in terms of variety and value.

Now that you know the best sports betting sites for betting on motor sports, let’s talk about our evaluation process, the betting markets you can find, and strategies to become a more successful motor sports bettor.

During our reviews, five metrics were used to evaluate each motor sports betting site to determine which are worth your time and money. Let’s discuss these factors.

An online sportsbook must have outstanding bonuses and promotions to rank well. As a new customer, you should be able to claim a lucrative welcome bonus. Once that has been exhausted, you should be able to claim valuable promos reserved for existing customers. An additional bonus would be if the site offers promos specifically for motor sports wagers.

Two more critical factors in evaluating the best motor sports betting sites are odds competitiveness and betting market variety. When you place a bet, you should be given as bettor-friendly odds as possible, especially for futures. A wide variety of betting markets specific to motor sports should also be available.

Motor sports events are fast-paced, so odds and lines can quickly shift while in progress. This makes it imperative that a site has an outstanding live betting menu outfitted with many betting markets and favorable odds.

To rank among the best motor sports betting sites, a sportsbook must have an excellent assortment of banking options to handle transactions. This means having the standard methods and some others that bettors seek. The site should handle all deposits and withdrawals safely and with minimal processing time.

Most online motor sports bettors access sports betting odds and lines from mobile devices. This makes a site’s mobile app quality essential to our evaluation. A site without a highly functional mobile app will significantly lower its ranking.

Betting on motor sports is very different from other sports betting markets, and it might be challenging to understand some of the wager types available.

In this section, we’ll explain the most popular betting markets for motor sports and provide examples of how each works. We also have a betting guides page available if you want to learn more about sports betting in general.

The most common bet type in motor sports betting is to wager on the winner of an event. This is so popular because it’s incredibly straightforward to understand. Most often, the odds will be longer as you’re betting on a driver to win an event out of the entire pool of possibilities.

For example, let’s say you’re betting on Charles Leclerc to win the Japan GP 2024 at +1200 odds. If Leclerc wins, you win. If anyone else wins the event, you lose.

One market unique to motor sports is wagering on a driver’s finishing position. You can often bet on a driver to finish in the top three, top five or top 10 in NASCAR, but you can usually only bet on the top six in Formula 1.

Suppose you bet on Bubba Wallace to finish in the top 10 of the Daytona 500. You win the bet if he finishes as one of the top 10 drivers. If his final spot is anywhere else, you lose.

Parlays in motor sports betting work as they do in other sports. You can combine multiple wagers into one ticket for a much larger payout. You can also create a same game parlay in NASCAR and Formula 1, combining bets from the same event into one ticket.

For example, suppose you parlay Max Verstappen to win an event at -500 odds with Denny Hamlin to win the Daytona 500 at +500 odds. Instead of betting on these selections separately, you can parlay them for +620 odds. If both picks win, you win. If one or both picks lose, the parlay loses.

At the best motor sports betting sites, prop bets come in three different forms: driver, team and race props. Driver props are usually heads-up matchup odds between two drivers, while team props in Formula 1 allow you to bet on markets like the best-performing constructor for a race. 

For example, if you bet on Kyle Busch to outperform Joey Logano at the Daytona 500 at +200 odds, you’d win the wager if Busch has a better finish than Logano.

Futures bets are one of the most critical aspects of wagering on motor sports. This market allows you to bet on the winners of races ahead of time.

For example, bettors can wager on the NASCAR Cup Series championship. Futures typically provide the best longshot value of any market at online sports betting sites.

There are plenty of ways to work toward becoming a profitable bettor on Formula 1 and NASCAR races. The number one way to do this is to watch the races and pay close attention to drivers’ performance. As you become more experienced, you’ll be able to identify nuances that other sports bettors might not be able to.

We also typically advise using advanced analytics in other betting markets, but this is difficult for racing because of limited public information. Tracking trends is one way to go, too. You can always see how a driver has performed on a specific track and how they have fared in their past few races.

The more information you can gather about a driver, the more informed your decision-making will be when it comes time to bet on the next big race.

Across the NASCAR and Formula 1 seasons, there are multiple critical dates to know. Let’s discuss some of the most important ones.

The NASCAR Cup Series Championship at Phoenix Raceway is the final major event of the NASCAR season which determines the winner of the season-long Cup Series.

One of the most historic sites for Formula 1 racing is the Monaco Grand Prix. The race takes place in the heart of Monte Carlo.

The longest-running Formula 1 event held in the U.S. every season is the United States Grand Prix, which will be in Austin, Texas.

Signing up for an account at one of the best motor sports betting sites is simple and usually takes just a few minutes. You can create your account, claim the welcome bonus and start placing bets immediately after. Here is how the typical registration process goes at motor sports online sportsbooks: