Red Bull favored to dominate F1 2023 Miami Grand Prix

The Formula 1 roadshow visits the USA this week for Round 5 of the 2023 season, with Miami the venue. Sergio Perez was the winner last Sunday, in what was another weekend dominated by the Mexican and his teammate Max Verstappen. Here we look ahead to the race this Sunday with our Formula 1 betting picks, and ask the question, can anyone stop the Red Bulls?

  • What; 2023 Miami Grand Prix – F1 Round 5
  • Where; Miami International Autodrome, Miami Gardens, Florida, USA
  • When; Sunday, May 7th, 2023
  • Time; 3.30 pm ET
  • Laps; 57
  • Race Length; 308.326 km

Max Verstappen won here in 2022, and after seeing his teammate win in Azerbaijan last week, he will be hoping to replicate last season’s win and reestablish his lead at the top of the drivers championship.

Betting to win the 2023 Miami Grand Prix

And the best Formula 1 betting sites are suggesting this is exactly what will happen, as they have already made the double-world champion just -225 to win this Sunday. Following Verstappen is Sergio Perez, with last Sunday’s winner priced up at +300 to be victorious again this weekend.

The best online sportsbooks for F1 now make Charles Leclerc their third favorite to win in Miami, this after his first podium finish of the season last Sunday in Baku. Leclerc is +1200 to build on last week’s performance and record his first win of 2023.

His third place finish has also seen his odds cut in the betting to win the world championship without Max Verstappen. Prior to the Azerbaijan Grand Prix, Leclerc was a massive +3300 in this market. He is now just +700, on the back of just one podium finish!

Back to Miami, and behind Leclerc in the betting is Fernando Alonso at +1400, with Lewis Hamilton some distance away at +2500. Hamilton seems to be more in competition with Carlos Sainz at +3300, and George Russell at +4000.

More odds for Sunday’s race can be found below on our F1 odds table.

Formula 1; 2023 Miami Grand Prix BettingBetOnline ReviewBetUS ReviewBovada
Max Verstappen-225-225-225
Sergio Perez+300+300+300
Charles Leclerc+1200+1200+1200
Fernando Alonso+1400+1400+1400
Lewis Hamilton+2500+2500+2500
Carlos Sainz+3300+3300+3300
George Russell+4000+4000+4000
Lance Stroll+10000+10000+10000
Lando Norris+10000+10000+10000
Pierre Gasly+20000+20000+20000
Esteban Ocon+20000+20000+20000
Valtteri Bottas+50000+50000+50000

Can Sergio Perez challenge Max Verstappen in 2023?

For the opening three races of the season, we’ve all been pretty much of the opinion that this year will be another possession for Max Verstappen. But after race four, do we finally have some hope that this year’s title race will be competitive?

Sergio Perez doesn’t appear to be following the script here. His win in Baku, his second of the season, puts him level on two wins each with Max Verstappen. It also sees the Mexican move to within just six points of his teammate in the latest drivers championship table. So can he keep it going? We certainly hope so!

The next few races will give us more indication. So far this season, Perez’s two wins have come on street circuits in Saudi Arabia and Azerbaijan. Miami is also a custom built circuit, but not quite a complete street one. It does give Perez another chance of victory though.

But when we get to the nuts and bolts of the F1 season in Europe, it will be interesting to see how the Mexican performs on the conventional F1 circuits. If he has any chance of winning this year’s title, he will have to master those circuits as well.

2023 Miami Grand Prix Picks

Finding betting strategies that work on F1 when the odds on Verstappen are always so short can be difficult. But here we’ve looked at some of the other markets and think we’ve come up with some good value F1 picks.

Let’s get straight to the point. Max Verstappen could run away with this race – so be careful with these wagers. But at -225, we’re not backing him.

Our first pick for this race is actually Sergio Perez. At odds of +300, we think Perez is good value. He is going well at the moment, and he is our pick to win the Miami Grand Prix this weekend.

Sergio PerezTo win Miami Grand Prix
Bet now

Head-to-head Picks

Elsewhere, and in the head-to-head markets we think we’ve found an interesting matchup. Fernando Alonso is -140 to beat Charles Leclerc, with the Ferrari man at +110. Ferrari showed signs of improvement at Baku, and with the race on a similar circuit this week, we think a bet on Leclerc to finish ahead of Alonso at +110 could be a good pick.

Charles LeclercTo finish ahead of Fernando Alonso
Bet now

Staying with the head-to-head market, Lewis Hamilton has outperformed his Mercedes teammate in three of this season’s four races. Hamilton is -150 to do so again, with Russell at +120 to get the better of his illustrious teammate.

Hamilton is the obvious bet, but George Russell had the bit between his teeth last week, and as he proved with his coming together with Max Verstappen in the Sprint race, the young Mercedes driver is in no mood to back down and give way to the so-called superior drivers.

With Russell in this sort of mood, we think he is a good call to outperform his teammate this weekend. So, we’re making George Russell to finish ahead of Lewis Hamilton our final Miami Grand Prix betting pick.

George RussellTo finish ahead of Lewis Hamilton
Bet now
Dean Etheridge

Hailing from Coventry, England, Dean brings his British wit to every piece he pens. A true lover of a good wager, Dean's passion for both sports and writing has merged into the world of sports betting. Dean is the mastermind behind his very own soccer and cricket betting platforms. As the owner and editor of a renowned football betting website, Dean has established himself as a force within the industry. His expertise as a freelance content writer is centered in the realms of football, cricket and Formula 1. From breaking down odds to unraveling strategies, Dean's writing radiates an unmatched love for sports. When he’s not immersed in sports betting, Dean enjoyes exploring new culinary delights, conquering the latest car racing video games, or getting lost in the pages of a novel.