2022 Formula 1 Odds: Complete Team Previews and Championship Odds

We enter into the 2022 season with extremely juicy and enticing storylines. Albert Nguyen does a deep dive into each of the 2022 Formula 1 teams and previews their championship odds.
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2022 Formula 1 Odds: Complete Team Previews and Championship Odds

Will Max Verstappen repeat? Can Lewis Hamilton with his 8th title? Is this the year for Ferrari? Here are the 2022 Formula 1 team previews and championship odds for every single team on the paddock.

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10. Alfa Romero Formula 1 Championship Odds (+50000) (Bet $100 to Win $50000)

There are two new drivers for Alfa Romeo. Kimi Raikkonen retired and Antonio Giovinazzi was shown the door. In their place, Alfa signed veteran Valterri Bottas to add experience to the team and Zhou Guanyu, the first-ever Chinese F1 driver. There is some talent here among the two behind the wheel, but I think the lack of familiarity and teamwork will be Alfa Romero's ultimate demise.

Bottas brings years of experience fighting at the front and will provide invaluable feedback for the team in order to shape their trajectory going forward. In Zhou, Alfa Romeo gets a young and quick racer-and a heaping pile of cash from his Chinese sponsors. F1 as a sport will be desperate for him to remain on the grid in order to grow their presence in China and potentially expand to two races in the country.

Unfortunately for Alfa Romeo, they lose precious track time during the tests due to hydraulic issues among other things. Their pace also seems to be lacking a bit. Whether that’s their drivers taking things slow and steady to get to grips with the car, or their design philosophy not being up to par with their competitors, only time will tell. I find myself leaning more towards the latter half.

9. Williams Formula 1 Championship Odds (+100000) (Bet $100 to Win $100000)

Williams heads into 2022 with budding superstar George Russell's departure to Mercedes. To replace him, they’ve signed ex-RedBull driver Alex Albon. While they’ve lost a good driver, they’ve also secured funding and team organization under Jost Capito. Williams will be looking for a new team leader to step up and take them in the right direction with the car.

Latifi returns in his third season back with the team, hoping to finally emerge from Russell’s shadow. Latifi put in some competitive performances last season, including his first-ever points and finally besting Russell in qualifying. Albon, on the other hand, spent last season out of a seat, as RedBull’s reserve driver. He’ll want to get up to grips with racing again; in a much less competitive car than he had his last time out.

Their rear brakes catching fire during testing, unfortunately, cut their time a bit short as well. I anticipate a few points picked up here and there, but I don’t think it will be a regular occurrence. It will be a battle with Alfa to see who doesn't get the designation of last place.

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8. Haas Formula 1 Championship Odds (+25000) (Bet $100 to Win $25000)

Haas has had an up and down off-season. Writing off their 2021 car and beginning work on the 2022 model put them ahead of other teams. They were the first to reveal their 2022 car, and many in the paddock agree the Haas car is currently one of the more complete cars in regards to maximizing performance of the given package. This is not the norm around Haas.

Russia’s invasion of Ukraine saw Haas subsequently drop the Uralkali sponsorship, and along with it, Nikita Mazepin. This left Haas without a considerable amount of sponsorship cash and without a second driver. Queue the return of Kevin Magnussen. He admitted that when Gunther rang him up and offered the seat, he agreed before he even talked with anyone else.

So Haas seemed to sort out all their issues just in time for testing. Until their freight was delayed and crucial parts of their car were unable to be delivered on time. The parts arrived the next day and Haas mechanics worked tirelessly to prepare the car, only to have multiple issues that prevented running on the track. Admittedly, they were able to rectify those issues swiftly and finally nail down some running. And when the car was on track-it looked good. Magnussen even topped the time charts during Haas’ extra running time on Friday. I expect Haas to come out of the gates hot, with more Ferrari engineer firepower assisting them this year.

The new lineup of Schumacher & Magnussen, paired with a more competitive car, should be a recipe for success this year. Magnussen will also provide a legitimate barometer for Schumacher’s pace and talent; something Mazepin was unable to provide. I’m excited for this new Haas car and lineup and think it will see them move up the pecking order towards the midfield.

7. Aston Martin Formula 1 Championship Odds (+25000) (Bet $100 to Win $25000)

What a wild ride it’s been for Aston Martin formerly Racing Point formerly Force India. The last four years have been an absolute roller coaster for the outfit. When ex-Force India owner Vijay Mallya went into exile, it was first Sergio Perez’s own dime that kept the team afloat, before Canadian Billionaire Lawrence Stroll swooped in to save the team and rebranded them Racing Point.

2020 was the year of the “Pink Mercedes” when Racing Point had the third, or arguably second, best car on the grid. The partnership with Aston Martin in 2021 was supposed to be a sign of a huge year for the team, but it didn’t go as planned. Multiple struggles and setbacks throughout the year kept them stuck down in the bottom of the midfield.

With a new team principal in Mike Krack, Aston Martin have their sights set on the top of the midfield. Their pace during preseason testing looks within the range on their day. I think, however, the team will struggle to make necessary adjustments quick enough to keep pace with the rest of the midfield.

6. Alpine Formula 1 Championship Odds (+10000) (Bet $100 to Win $10000)

The make up of the two drivers of Alpine is almost ideal. You have the young, talented driver as your top guy and the veteran, solid defender as your number two. I believe Alpine will be able to leverage this chemistry and really contend in the midfield this year. Esteban Ocon is one of the more underrated drivers in the field and will look to continue to improve. Don't forget, he did impressively fight off Lewis Hamilton and win the Hungarian Grand Prix last year.

Fernando Alonso is a living legend. He's not going to make many mistakes and he's seen everything under the moon. This type of leadership, consistency, and stability will always put this team in the points discussion.

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5. Alpha Tauri Formula 1 Championship Odds (+20000) (Bet $100 to Win $20000)

Alpha Tauri formerly Toro Rosso is on a never-ending quest for fifth place in the constructors. They've fallen short year after year after year, time and time again. Last season was their best shot at it but were 13 points shy of rival Alpine.

Pierre Gasly had a phenomenal year last season; finishing ninth in the drivers (ahead of anyone not driving a Mercedes, RedBull, Ferrari, or McLaren) and putting in some stellar drives. Ever since being unceremoniously dropped from RedBull halfway through the 2019 season, Gasly has come back with a vengeance and proven himself a fantastic driver while at Alpha Tauri. If he puts in another great year, he will really put RedBull under pressure to give him another shot.

Yuki Tsunoda, on the other hand, struggled throughout the early part of the season with a lot of hot-headed mistakes and careless driving. A shimmer of hope shone through in Abu Dhabi though, with Yuki putting in a fantastic drive and taking fourth. He will need to put in similar performances if they’re to maximize their point tally. These two guys, if they continue on their development path will FINALLY get this team to fifth this season.

4. McLaren Formula 1 Championship Odds (+2000) (Bet $100 to Win $2000)

The best of the rest. Team McLaren is such a great team and extremely fun to cheer for. They have superstars in Lando Norris and Daniel Ricciardo that are very popular with the fans. Lando is still very young and has a lot of potential in his driving career. The issue with McLaren is not necessarily McLaren themselves. It's the fact that Mercedes, Red Bull and Ferrari are just that good. There's been a battle the last couple of seasons between McLaren, Ferrari, and Renault but it seems like Ferrari has taken a gigantic step forward during testing and throughout the preseason.

I look for Lando and Daniel to pick up a handful of podiums and perhaps squeak out a win or two, if there are issues with the teams in front of them but over the span of an entire season I don't see them getting higher than fourth.

3. Red Bull Formula 1 Championship Odds (+185) (Bet $100 to Win $185)

Max Verstappen is the defending champion heading into the 2022 campaign. He was the youngest driver to ever race full time in Formula 1 -- everyone around knew he would become a champion one day. His talent and his driving skills are never in question. The key for him has always been his temper on the track. Truthfully, he almost lost the title by the way he was driving last season, even with a vastly superior car for the majority of the Grand Prix races.

Red Bull has a solid team, and there is talent sprinkled all across the board from drivers to engineers to team principles. However, I don't think they will have the luxury of the rest of the field starting slow this season. I think Mercedes and Ferrari will be coming out firing and this will force Red Bull to be in constant battles each week for podium finishes. Max is a top 2, and arguably top 1 driver in the world but the tandem of Max and Perez still lack the consistency to get their team the Constructor's title.

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2. Ferrari Formula 1 Championship Odds (+275) (Bet $100 to Win $275)

The Italian team has the most recognizable name in the sport and the legacy the Ferrari brand brings is unmatched. Their design team has created a beautiful machine this year and it seems like the drivers have really found a sweet spot with the engineering.

I look for Charles Leclerc to fulfill his potential this season, not only grabbing a handful of podiums but I will be shocked if he doesn't have multiple victories. He has the perfect teammate and some are questioning whether Carlos Sainz should be the #1 driver on the team. That time of competition and talent should and will push Charles to new heights this season.

Look for Ferrari to come out extremely hot and leverage the early points to a second-place finish when it's all said and done. The key for them is no more engine failures and no more DNFs. They have the drivers and the car to really do something special this year. Just don't screw it up.

1. Mercedes Formula 1 Championship Odds (+125) (Bet $100 to Win $125)

George Russell is a future superstar in this sport and has the potential to win the World Driver's Championship. He will not back down to others on the track (where Bottas failed at times during his tenure with Mercedes), and this will lead to a very successful year for Mercedes.

Arguably the greatest to ever do it, Lewis Hamilton looks extremely focused and motivated to put the 2021 finish in Abu Dhabi behind him and win his record-breaking 8th title. I think with his focus and the superiority of Toto's team, it will be a recipe for another constructor's title. This team doesn't deal in potential -- it's championship or bust.

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Albert Nguyen is a native of Dallas, TX. He went to college in California and is currently a lawyer and consultant in the healthcare industry. Being an economics major, he's always been fascinated with numbers and statistics. He started creating his own projection models to handicap sports in the mid 2000s. He recently began working in the sports gambling industry and creating content as a side gig. He is an expert in numerous different sports, including the NFL, NBA, MLB, NHL, Soccer, Tennis, Golf, and collegiate sports. You can follow Albert on Twitter at @AnalyticsCapper.

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