Formula 1 returns to Madrid this weekend for the first time in 45 years. On that occasion, Gilles Villeneuve emerged victorious for Ferrari, but the Madring is set to favor cars that thrive in a medium-to-high downforce environment. Lando Norris should fancy his chances, but Kimi Antonelli leads the 2026 F1 Spanish Grand Prix pre-event odds on Polymarket after winning last weekend from 19th on the grid. The circuit is comparable to Miami, where the Italian youngster prevailed earlier in the season. Let’s get into our analysis.
After reading, check out our partner sportsbooks to get valuable promotions and place your bets.
In addition to traditional sports betting on F1, the Formula 1 TAG Heuer Gran Premio De España 2026 offers Daily Fantasy Sports (DFS) and real-money gaming in a Pick’Em style onUnderdog.
Schedule and How to Watch the F1 Spanish Grand Prix
With no sprint scheduled for the Spanish Grand Prix, drivers enjoy the standard two practice sessions on Friday, September 11, followed by one on Saturday, September 12. The grid is set to line up for the Grand Prix on Sunday, September 13, in scorching conditions, with the temperature forecast to reach the mid-80’s during the race. The main event sets off at 3:00 pm CEST on the final day of proceedings, and you can watch the inaugural battle at the Madring live on Apple TV.
Odds Subject to Change
Please note, the odds provided herein reflect the raw probability odds for this analysis and are based on the information available at the time of publishing. Different sportsbooks may adjust these odds based on market conditions, bettor behaviors, and other factors that could influence the betting landscape. For a deeper understanding of why odds for alternative sports betting change and how it might affect your betting strategy, we encourage you to read our detailed article: Why Do Alternative Sports Betting Odds Change?. Make informed decisions and always check the latest odds with your sportsbook before placing bets.
Live Formula 1 Odds
2026 F1 Spanish Grand Prix Odds
Event Winner Odds
With seven victories to his name and a 56-point lead in the standings, Kimi Antonelli is heavily favored for top honors in Madrid. However, the second favorite, Lando Norris, has the car for this highly technical circuit, as proven by his consecutive triumphs in Hungary and the Netherlands. Both drivers have won two of their last five starts, but Antonelli is more consistent, boasting four podiums in that period.
George Russell joins the reigning Drivers’ Champion on two trips inside Victory Lane this campaign, but has not looked a winner in recent rounds. He led the Italian Grand Prix until the 50th lap when his junior colleague overtook him to claim the win. The Ferrari duo of Charles Leclerc and Lewis Hamilton are the only other pilots on the grid with victories to their names in 2026. Neither has looked convincing following the summer break, but they do have the advantage of being the only team to have raced on this track, back in July.
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Driver
Event Winner Odds
Payout on $20
Kimi Antonelli
+182
$56.40
Lando Norris
+388
$97.60
George Russell
+545
$129.00
Lewis Hamilton
+809
$181.80
Charles Leclerc
+1150
$250.00
Max Verstappen
+1438
$307.60
Oscar Piastri
+1567
$333.40
Pierre Gasly
+15285
$3,077.00
Liam Lawson
+18082
$3,636.40
Franco Colapinto
+19900
$4,000.00
Fernando Alonso
+33233
$6,666.60
Arvid Lindblad
+99900
$20,000.00
Oliver Bearman
+99900
$20,000.00
Gabriel Bortoleto
+199900
$40,000.00
Nico Hulkenberg
+199900
$40,000.00
Carlos Sainz
+199900
$40,000.00
Alex Albon
+199900
$40,000.00
Esteban Ocon
+199900
$40,000.00
Lance Stroll
+199900
$40,000.00
Sergio Perez
+199900
$40,000.00
Valtteri Bottas
+199900
$40,000.00
Yuki Tsunoda
+199900
$40,000.00
Expert Pick
It is tough to bet against Kimi Antonelli in his current form, but we think “Last Lap Lando” is the expert pick for the Spanish Grand Prix. The McLaren driver thrives on technical circuits and is tipped to challenge the Mercedes single-seaters this weekend. He averages 3.40 in the past five rounds and is priced at +388 to bag the checkered flag. A $20.00 wager on the Briton stands to pay out $97.60.
Podium Odds
George Russell offers bettors some value for money in the Spanish Capital on Sunday, entering at -106 for a top three. He has found himself on the podium in three of the past five rounds. Like Russell, Max Verstappen has also conjured up three top-three returns in the previous five races, including a third place last weekend. However, the 22 corners on this circuit are set to test his tire management, an area of weakness for Red Bull this season. If he can overcome this, he is offering outstanding bang for buck, but a podium here appears to be a long shot.
Lewis Hamilton has not achieved a rostrum finish since Silverstone, but has racked up a 3.80 finishing average in his last 10 appearances. His teammate Charles Leclerc seems to be lacking confidence and crashed out for the second time in eight events in Italy. But he is a four-time top-three finisher this season and has already tested his SF-26 around this circuit, more than most of his peers can say. Capping off the podium contenders, Oscar Piastri looked better a week ago, but has not earned a podium since the Miami Grand Prix.
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Driver
Podium Finish Odds
Payout on $20
Kimi Antonelli
-213
$29.39
Lando Norris
-144
$33.89
George Russell
-106
$38.87
Lewis Hamilton
+186
$57.20
Max Verstappen
+228
$65.60
Charles Leclerc
+233
$66.60
Oscar Piastri
+344
$88.80
Liam Lawson
+3822
$784.40
Pierre Gasly
+6352
$1,270.40
Arvid Lindblad
+6352
$1,270.40
Nico Hulkenberg
+9424
$1,904.80
Franco Colapinto
+9900
$1,990.00
Gabriel Bortoleto
+9900
$1,990.00
Fernando Alonso
+9900
$1,990.00
Carlos Sainz
+9900
$1,990.00
Esteban Ocon
+9900
$1,990.00
Yuki Tsunoda
+9900
$1,990.00
Alex Albon
+9900
$1,990.00
Sergio Perez
+9900
$1,990.00
Oliver Bearman
+16567
$3,333.40
Valtteri Bottas
+18082
$3,636.40
Pole Position Odds
Odds-wise, Esteban Ocon sits at the top of Polymarket for a pole position, but that is because nobody has staked any wager on him to achieve the feat. He currently has $0 traded on him, along with the other midfield drivers. Kimi Antonelli enters the weekend at +233 with six fastest qualifying runs and two second-place starts. The Italian wunderkind’s teammate George Russell carries the second most starts on pole with four this season. His last one arrived during the Austrian Grand Prix.
Pierre Gasly deserves a special mention after earning his maiden career pole at Monza. However, his Alpine A526 is predicted to struggle on the medium-to-high-downforce setup of the Madring. True to his nickname, “Last Lap Lando,” Norris stands a high chance of beating the clock in qualifying at the Spanish Grand Prix, comfortable on highly technical tracks, and has a car that can withstand the downforce. He is currently sitting at +400.
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Driver
Pole Position Odds
Payout on $20
Esteban Ocon
+217
$63.40
Gabriel Bortoleto
+223
$64.60
Oscar Piastri
+228
$65.60
Kimi Antonelli
+233
$66.60
Nico Hulkenberg
+251
$70.20
Alex Albon
+257
$71.40
Arvid Lindblad
+257
$71.40
Carlos Sainz
+257
$71.40
Fernando Alonso
+257
$71.40
Franco Colapinto
+257
$71.40
Lance Stroll
+257
$71.40
Liam Lawson
+257
$71.40
Oliver Bearman
+257
$71.40
Pierre Gasly
+257
$71.40
Sergio Perez
+257
$71.40
Valtteri Bottas
+257
$71.40
Lando Norris
+400
$100.00
George Russell
+567
$133.40
Max Verstappen
+953
$210.60
Charles Leclerc
+1011
$222.20
Lewis Hamilton
+1011
$222.20
Yuki Tsunoda
+2122
$444.40
Fastest Lap
Similar to the Polymarket odds in the qualifying race, midfield drivers top the sheet for a Fastest Lap, but they currently sit with $0 wagered. The true favorite to win the DHL Fastest Lap award is Kimi Antonelli. He collected his seventh reward of the campaign in Italy, after coming from 19th on the grid to snatch the checkered flag.
Lando Norris continues to offer bettors value in this market, as he’s priced at +388 to beat the clock. The Brit collected the prize at the Miami Grand Prix on a similar layout, and repeated the performance in Belgium. He is joined by Charles Leclerc with two fastest lap awards. The Monegasque driver starts round 14 with two in the last three Grands Prix and is down the pecking order at +733. Max Verstappen and Lewis Hamilton cap off this market with one award apiece.
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Driver
Fastest Lap Odds
Payout on $20
Alex Albon
+174
$54.80
Liam Lawson
+186
$57.20
Lance Stroll
+186
$57.20
Franco Colapinto
+190
$58.00
Esteban Ocon
+199
$59.80
Nico Hulkenberg
+203
$60.60
Valtteri Bottas
+208
$61.60
Sergio Perez
+217
$63.40
Gabriel Bortoleto
+223
$64.60
Carlos Sainz
+223
$64.60
Oliver Bearman
+223
$64.60
Arvid Lindblad
+228
$65.60
Isack Hadjar
+239
$67.80
Fernando Alonso
+239
$67.80
Pierre Gasly
+251
$70.20
Yuki Tsunoda
+251
$70.20
Kimi Antonelli
+277
$75.40
Lando Norris
+388
$97.60
George Russell
+525
$125.00
Lewis Hamilton
+641
$148.20
Oscar Piastri
+641
$148.20
Charles Leclerc
+733
$166.60
Max Verstappen
+900
$200.00
Where to Bet on the TAG Heuer Spanish Grand Prix
Kimi Antonelli arrives in Madrid as the favorite for top honors and to extend his lead in the Drivers’ Championship. Can he become the first racer to bag an F1 checkered flag at the Madring, or will Lando Norris’ technical prowess propel him to the top of the podium on Sunday afternoon?
Visit our partner sportsbooks to access special deals that will elevate your betting experience as you prepare for the Formula 1 TAG Heuer Gran Premio De España. If you’re a newbie in the world of F1 betting, our comprehensive F1 Betting Guide is a must-read. Remember to enjoy the race and make your betting choices wisely. Betting responsibly ensures the fun lasts all season long.
Who is the favorite to win the 2026 Spanish Grand Prix?
Kimi Antonelli enters the Spanish Grand Prix as the favorite to win at +182. He has clinched seven victories in the opening 13 rounds of the 2026 F1 Championship.
Who is favored to take Pole Position at Spanish Grand Prix?
Mercedes' Kimi Antonelli is favored to finish on pole position at the Spanish Grand Prix with +233 odds. He has already earned six starts from the front of the grid in the 2026 season.
Who are the top favorites for a podium finish at Madring?
Kimi Antonelli, Lando Norris, and George Russell are the three favorites to complete the podium in the F1 Madrid Grand Prix.
Kimi Antonelli: -213 for a podium after earning 11 in the first 13 rounds of 2026.
Lando Norris: Has the vehicle for the medium-high downforce circuit and has claimed four rostrums this year. He starts at -144.
George Russell: He has returned the second-most podiums this season with seven. Sportsbooks have him at -106 to earn his eighth top three of the campaign.
Who is the favorite for the fastest lap at the Spanish Grand Prix?
DraftKings has priced Kimi Antonelli as the +160 favorite to achieve his eighth DHL Fastest Lap award in 2026 at the Spanish Grand Prix.
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Best Bets: 2026 F1 Spanish Grand Prix Pre-Event Odds Analysis
Formula 1 returns to Madrid this weekend for the first time in 45 years. On that occasion, Gilles Villeneuve emerged victorious for Ferrari, but the Madring is set to favor cars that thrive in a medium-to-high downforce environment. Lando Norris should fancy his chances, but Kimi Antonelli leads the 2026 F1 Spanish Grand Prix pre-event odds on Polymarket after winning last weekend from 19th on the grid. The circuit is comparable to Miami, where the Italian youngster prevailed earlier in the season. Let’s get into our analysis.
After reading, check out our partner sportsbooks to get valuable promotions and place your bets.
In addition to traditional sports betting on F1, the Formula 1 TAG Heuer Gran Premio De España 2026 offers Daily Fantasy Sports (DFS) and real-money gaming in a Pick’Em style on Underdog.
Schedule and How to Watch the F1 Spanish Grand Prix
With no sprint scheduled for the Spanish Grand Prix, drivers enjoy the standard two practice sessions on Friday, September 11, followed by one on Saturday, September 12. The grid is set to line up for the Grand Prix on Sunday, September 13, in scorching conditions, with the temperature forecast to reach the mid-80’s during the race. The main event sets off at 3:00 pm CEST on the final day of proceedings, and you can watch the inaugural battle at the Madring live on Apple TV.
Odds Subject to Change
Please note, the odds provided herein reflect the raw probability odds for this analysis and are based on the information available at the time of publishing. Different sportsbooks may adjust these odds based on market conditions, bettor behaviors, and other factors that could influence the betting landscape. For a deeper understanding of why odds for alternative sports betting change and how it might affect your betting strategy, we encourage you to read our detailed article: Why Do Alternative Sports Betting Odds Change?. Make informed decisions and always check the latest odds with your sportsbook before placing bets.
Live Formula 1 Odds
2026 F1 Spanish Grand Prix Odds
Event Winner Odds
With seven victories to his name and a 56-point lead in the standings, Kimi Antonelli is heavily favored for top honors in Madrid. However, the second favorite, Lando Norris, has the car for this highly technical circuit, as proven by his consecutive triumphs in Hungary and the Netherlands. Both drivers have won two of their last five starts, but Antonelli is more consistent, boasting four podiums in that period.
George Russell joins the reigning Drivers’ Champion on two trips inside Victory Lane this campaign, but has not looked a winner in recent rounds. He led the Italian Grand Prix until the 50th lap when his junior colleague overtook him to claim the win. The Ferrari duo of Charles Leclerc and Lewis Hamilton are the only other pilots on the grid with victories to their names in 2026. Neither has looked convincing following the summer break, but they do have the advantage of being the only team to have raced on this track, back in July.
swipe to see more
Expert Pick
It is tough to bet against Kimi Antonelli in his current form, but we think “Last Lap Lando” is the expert pick for the Spanish Grand Prix. The McLaren driver thrives on technical circuits and is tipped to challenge the Mercedes single-seaters this weekend. He averages 3.40 in the past five rounds and is priced at +388 to bag the checkered flag. A $20.00 wager on the Briton stands to pay out $97.60.
Podium Odds
George Russell offers bettors some value for money in the Spanish Capital on Sunday, entering at -106 for a top three. He has found himself on the podium in three of the past five rounds. Like Russell, Max Verstappen has also conjured up three top-three returns in the previous five races, including a third place last weekend. However, the 22 corners on this circuit are set to test his tire management, an area of weakness for Red Bull this season. If he can overcome this, he is offering outstanding bang for buck, but a podium here appears to be a long shot.
Lewis Hamilton has not achieved a rostrum finish since Silverstone, but has racked up a 3.80 finishing average in his last 10 appearances. His teammate Charles Leclerc seems to be lacking confidence and crashed out for the second time in eight events in Italy. But he is a four-time top-three finisher this season and has already tested his SF-26 around this circuit, more than most of his peers can say. Capping off the podium contenders, Oscar Piastri looked better a week ago, but has not earned a podium since the Miami Grand Prix.
swipe to see more
Pole Position Odds
Odds-wise, Esteban Ocon sits at the top of Polymarket for a pole position, but that is because nobody has staked any wager on him to achieve the feat. He currently has $0 traded on him, along with the other midfield drivers. Kimi Antonelli enters the weekend at +233 with six fastest qualifying runs and two second-place starts. The Italian wunderkind’s teammate George Russell carries the second most starts on pole with four this season. His last one arrived during the Austrian Grand Prix.
Pierre Gasly deserves a special mention after earning his maiden career pole at Monza. However, his Alpine A526 is predicted to struggle on the medium-to-high-downforce setup of the Madring. True to his nickname, “Last Lap Lando,” Norris stands a high chance of beating the clock in qualifying at the Spanish Grand Prix, comfortable on highly technical tracks, and has a car that can withstand the downforce. He is currently sitting at +400.
swipe to see more
Fastest Lap
Similar to the Polymarket odds in the qualifying race, midfield drivers top the sheet for a Fastest Lap, but they currently sit with $0 wagered. The true favorite to win the DHL Fastest Lap award is Kimi Antonelli. He collected his seventh reward of the campaign in Italy, after coming from 19th on the grid to snatch the checkered flag.
Lando Norris continues to offer bettors value in this market, as he’s priced at +388 to beat the clock. The Brit collected the prize at the Miami Grand Prix on a similar layout, and repeated the performance in Belgium. He is joined by Charles Leclerc with two fastest lap awards. The Monegasque driver starts round 14 with two in the last three Grands Prix and is down the pecking order at +733. Max Verstappen and Lewis Hamilton cap off this market with one award apiece.
swipe to see more
Where to Bet on the TAG Heuer Spanish Grand Prix
Kimi Antonelli arrives in Madrid as the favorite for top honors and to extend his lead in the Drivers’ Championship. Can he become the first racer to bag an F1 checkered flag at the Madring, or will Lando Norris’ technical prowess propel him to the top of the podium on Sunday afternoon?
Visit our partner sportsbooks to access special deals that will elevate your betting experience as you prepare for the Formula 1 TAG Heuer Gran Premio De España. If you’re a newbie in the world of F1 betting, our comprehensive F1 Betting Guide is a must-read. Remember to enjoy the race and make your betting choices wisely. Betting responsibly ensures the fun lasts all season long.
FAQ: 2026 Spanish Grand Prix Odds
Kimi Antonelli enters the Spanish Grand Prix as the favorite to win at +182. He has clinched seven victories in the opening 13 rounds of the 2026 F1 Championship.
Mercedes' Kimi Antonelli is favored to finish on pole position at the Spanish Grand Prix with +233 odds. He has already earned six starts from the front of the grid in the 2026 season.
Kimi Antonelli, Lando Norris, and George Russell are the three favorites to complete the podium in the F1 Madrid Grand Prix.
Kimi Antonelli: -213 for a podium after earning 11 in the first 13 rounds of 2026.
Lando Norris: Has the vehicle for the medium-high downforce circuit and has claimed four rostrums this year. He starts at -144.
George Russell: He has returned the second-most podiums this season with seven. Sportsbooks have him at -106 to earn his eighth top three of the campaign.
DraftKings has priced Kimi Antonelli as the +160 favorite to achieve his eighth DHL Fastest Lap award in 2026 at the Spanish Grand Prix.
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