Formula 1 expands to include sports betting in 2024

Added: April 2, 2024

In 2024 Formula 1 will begin to include sports wagering.

This is due to an increasing number of people being interested in both Formula 1 racing and race betting. Since sports betting is now legal in some countries, such as the US, a lot of fans are placing bets on their preferred drivers and teams.

The officials in charge of Formula 1 are collaborating with bookmakers to enhance the fan experience. One significant collaboration is with the Interregional Sports Group (ISG), enabling ISG to provide live race statistics and betting during the event. This increases the excitement of watching the race by enabling viewers to place wagers as it happens.

Additionally, there are more video games about Formula 1. Players can compete in virtual Grand Prix races as their favorite drivers in the official Formula 1 video game series, which is produced by Codemasters and distributed by Electronic Arts. The games are popular among both players and racing fans because they are highly realistic and detailed.

Another significant aspect of Formula 1 games is esports. Players in the F1 Esports Series utilize simulators that replicate driving an actual F1 car, making it similar to a virtual version of the championship. Official Formula 1 teams have even started their own esports teams to participate in this growing popularity.

However, with everything going on, there are also worries about maintaining regulation and justice, particularly with regard to betting on the races.

Formula 1