close icon
popup icon
Free Picks
Discounts &
Get $15 Free
All News / Formula 1

2024 F1 Australian Grand Prix Predictions, Picks and Betting Odds – Formula 1 Betting Preview March 24

Drivers prep for F1 British Grand Prix

Australian Grand Prix Betting Preview

F1 heads to Melbourne Grand Prix Circuit for the Australian Grand Prix as drivers start their engines on March 24th for the big race! WagerTalk F1 handicapper Andy Lang gives his Australian Grand Prix predictions and picks before the race starts up at 12:01am ET!

Love This Prediction? Get $15 FREE towards all F1 expert picks – sign up now!

WagerTalk is the best website for Free Sports Picks from expert sports handicappers!  Every day you can get free picks on all major sports – check them out:

Australian Prix Betting Odds

Sunday, March 24Australian Grand Prix Notes (Courtesy of DraftKings)
Date:March 24, 2024
Time:12:01am ET / 9:01pm PT
Location:Melbourne Grand Prix Circuit in Australia
Favorite to Win:Max Verstappen (-550)

Australian Grand Prix: Schedule of Events

Practice 1 – March 21 9:30 PM ET
Practice 2 – March 22 1:00 AM ET
Practice 3 – March 22 9:30 PM ET
Qualifying – March 23 1:00 AM ET
Race – March 24 12:01 AM

Takeaways from Last F1 Race

It looks like Carlos Sainz will be good to go at 100% after missing the last race with appendicitis so expect a full effort from Ferrari, and for one or both of them to be on the podium.

Red Bull should be 1-2, but if one of them falters the Ferrari should be behind them allowing them to slip into double podium.

Australian Grand Prix Track: Melbourne Grand Prix Circuit

It’s a fairly tight track with not a lot of room as some of the gravel pits are right near the track as are some of the walls and safety barriers.

The start of this race is interesting because pole position has the outside position going into turn one so if the outside line doesn’t get a great start, the inside line can gain positions, but if the outside gets a good start they have a huge advantage with speed and momentum going into the first turn.

Last year we saw plenty of chaos with cars running off track, spins, and punctures, and there is the potential for that with the tight track and close racing so the middle of the pack could be very exciting at the start and in the middle of the race.

Australian Grand Prix Predictions

The Red Bulls showed incredible race pace here last year, and I don’t see why that would change this year. Max is -550 to win, but I might look at Red Bull double podium at -200.

Perez has the second-best car in the field, and he’s finished 2nd in both races this year, I see a lot of double podiums for Red Bull.

We’ve had a record number of cars finish the first two races of the season, and I think there’s the potential for carnage at this race, especially off the start so I think under 17.5 classified cars at +135 is worth a look. Last year only 12 cars finished this race, but this bet had cashed by lap 18.

I hope to get some good numbers on the Haas drivers over Alpine and Williams in qualifying and in the race. They will be juiced, but parlays work just fine.

Magnussen had several penalties last week and was still able to finish ahead of them because he stayed on the lead lap, and the Alpines and Williams did not.

It’s clear that Williams and Alpine are struggling mightily, and last week Magnussen slowed the Williams and Alpines down so his teammate could pit and stay ahead of everyone, but once that strategy was over and Magnussen could go full speed he was way faster.

I’m hoping the books don’t notice that, and they give us good lines on the Haas cars.

Ferrari Double Top 10 

Ferrari seems to feel confident that Sainz will be fine for this weekend, and I trust them. Sainz looked great before he had to step away, and even Oliver Bearman had a solid result in the Ferrari so we know the car is one of the best in the field.

Sainz has lots of motivation this year as he knows he is out at the end of the season so he’s one of the  most motivated drivers in the field to have strong showings. As long as he and LeClerc stay out of trouble on the start they should cruise to top 10 finishes.

Get $15 FREE towards all expert picks – including F1 Picks


Looking for more free sports picks and sports betting tips?

  • Latest Betting Odds and Public Action: Vegas lines updated in real time, including who the public is betting on.
  • Last Minute Handicapping Advice: Check out our extensive library of handicapping tips and advice from professional Vegas handicappers (we also recommend taking the time to look over our sports betting tips video library)
  • Want an expert opinion? Check out the latest Free Sports Picks and Best Bets from our team of expert sports handicappers.

Make sure to bookmark all the above!