The 2023 Formula 1 season is underway and two-time defending world champion Max Verstappen will be looking to expand his lead in the F1 Drivers' Championship at the 2023 Rolex Australian Grand Prix, which has a 1 a.m. ET start time on Sunday. Verstappen won the season-opener in Bahrain and then overcame a disastrous qualifying run to storm from 15th to second in Saudi Arabia. He leads Red Bull Racing teammate Sergio Perez by one point in the Formula 1 standings but he's never won the Australian Grand Prix in six attempts.
However, Verstappen is still the -250 favorite (risk $250 to win $100) in the 2023 Australian Grand Prix odds at Caesars Sportsbook coming off a record-breaking season where he won 15 times in 2022. Perez is listed at 4-1 while Aston Martin's Fernando Alonso is listed at 8-1 coming off of a pair of podium finishes in a surprisingly fast offering from Aston Martin. Before analyzing the 2023 Australian Grand Prix starting grid and making any Formula 1 picks, be sure to check out the latest 2023 Australian GP predictions and betting advice from SportsLine's proven projection model.
Developed by daily Fantasy pro and SportsLine predictive data engineer Mike McClure, this proprietary Formula 1 prediction model simulates every race 10,000 times, taking into account factors such as track history and recent results. It's had a strong history of success in motorsports, correctly predicting nine NASCAR winners since the 2021 season and its projected leaderboards have forecasted winners across multiple racing formats.
The model has been scorching hot when it comes to picking Formula 1 race events dating back to 2021. It nailed both of Leclerc's wins in 2022, and at the 2021 Mexican Grand Prix, the model was strongly backing Verstappen as its top pick. The result: Verstappen dominated the field and ran away with a surprise victory. The model followed that up by calling Verstappen's win at the Rolex Emilia Romagna GP in April and then nailed his wins again in Belgium, the Netherlands, Japan, the United States, Mexico and Abu Dhabi. Anyone who followed the model's lead on those plays has seen huge returns
Now, the model has dialed in on the 2023 Formula 1 Australian Grand Prix and just released its coveted picks and leaderboard projections. You can head to SportsLine now to see the complete 2023 Australian GP leaderboard projection.
Top 2023 Formula 1 Australian GP predictions
One massive shocker: The model is fading Lewis Hamilton even though he's a two-time winner of the Australian Grand Prix. The seven-time world champion saw his streak of four consecutive titles end in 2021 with Verstappen besting him on the final day of the season in a controversial finish. And Mercedes' attempts to provide Hamilton with more speed in 2022 wound up being extremely costly.
After winning the F1 Constructors' Championship eight years in a row, Mercedes finished third last year and failed to win a single race. Hamilton is now on a career-long 25-race winless streak and he hasn't always been at his best in Melbourne. Even though he's won the race twice, his teammates have gone on to win the race on six occasions in identical equipment. See who the model is backing right here.
How to make 2023 Australian Grand Prix picks
The model is also targeting one quadruple-digit longshot to make a surprising surge up the leaderboard. Anyone who backs him could hit it big. You can find out who he is, and see all of the model's F1 picks and predictions at SportsLine.
So who wins the Australia Grand Prix 2023? And which under-the-radar drivers makes a stunning charge towards the front? Check out the latest 2023 F1 odds below, then visit SportsLine now to see the full projected 2023 Australian Grand Prix leaderboard, all from the model with a proven history of auto racing success, and find out.
2023 Formula 1 Australian Grand Prix odds, field, top contenders
See Australian Grand Prix picks at SportsLine
Max Verstappen -250
Sergio Perez 4-1
Fernando Alonso 8-1
Charles Leclerc 20-1
Lewis Hamilton 25-1
George Russell 33-1
Carlos Sainz 40-1
Lance Stroll 100-1
Pierre Gasly 400-1
Esteban Ocon 400-1
Nico Hulkenberg 1000-1
Kevin Magnussen 1000-1
Lando Norris 1000-1
Oscar Piastri 1000-1
Valtteri Bottas 1500-1
Guanyu Zhou 1500-1
Logan Sargeant 2000-1
Nyck De Vries 2500-1
