The 2026 OnlyBulls Grand Prix of Portland odds have Alex Palou on top at +175, the shortest price among the 25 drivers listed for Sunday’s road-course round at Portland International Raceway. Kyle Kirkwood is next at +350, Christian Lundgaard third at +750. Here is how the Portland board is shaped, and why the market prices each tier the way it does.
Last Updated: Wednesday, August 5, 2026
OnlyBulls Grand Prix of Portland — Time & How to Watch
| Where | Portland International Raceway, Portland, OR |
| When | Sunday, August 9 – 4:00 PM ET |
| TV | FOX |
2026 OnlyBulls Grand Prix of Portland Betting Preview
Portland is a 12-turn, 1.964-mile permanent road course, and the 2026 race runs 110 laps for 216.04 miles. The long front straight funnels into a tight first-corner chicane that reliably produces opening-lap chaos. Track position matters, but so does fuel sequencing. Portland often turns on pit strategy rather than raw pace.
That history explains part of the board. Will Power is the defending winner, and he also dominated the 2024 race here, leading 101 of 110 laps. With his 2019 win, Power owns three Portland victories, more than anyone else entered. Palou has won here twice, in 2021 and 2023. Scott McLaughlin took 2022, and Lundgaard was second last year.
The championship picture is the other force here. Palou carries 457 points into the weekend, 83 clear of David Malukas and 87 clear of Kirkwood, with Portland opening a six-race run to the finale. He has five wins through 12 rounds. That is why the board is top-heavy, while the middle is crowded with drivers whose Portland credentials outrun their 2026 results.
OnlyBulls Grand Prix of Portland — Top Odds to Win
| Name | Odds |
|---|---|
| Alex Palou | +175 |
| Kyle Kirkwood | +350 |
| Christian Lundgaard | +750 |
| David Malukas | +900 |
| Pato O’Ward | +900 |
| Scott McLaughlin | +900 |
| Josef Newgarden | +1600 |
| Scott Dixon | +1600 |
| Will Power | +1600 |
| Marcus Armstrong | +2500 |
Odds accurate as of Wednesday, August 5, 2026 via TheSpread.com. Odds change, get the latest IndyCar Odds – Props
Who Is Favored at Portland International Raceway
Palou at +175 implies roughly a 36 percent win probability, an aggressive number in a 25-car road-course field. The market has reasons. He leads the NTT IndyCar Series standings by 83 points, he has five wins in 2026, and he arrives off a victory at Nashville. He also already owns two Portland wins.
The case against the price is structural rather than personal. Portland’s Turn 1 chicane creates a lap-one hazard that speed does not control, and the race has often turned on which crew called the better fuel sequence. A short number leaves no room for a caution falling wrong.
Kirkwood at +350 and Lundgaard at +750 hold the rest of the short end. Kirkwood won at Arlington in March and was third at Mid-Ohio. Lundgaard has two 2026 wins, at the Indianapolis road course and Road America, plus that Portland runner-up. The market is separating these three on current road-course form.
Portland Mid-Board Contenders
Will Power (+1600) is the most interesting price to explain. He has three Portland wins, including the last two runnings, yet sits mid-board. The gap is a season-long story. Power moved to Andretti Global for 2026 after 17 seasons at Team Penske, and he entered the weekend 14th in points despite a third at Road America. The market is weighting current results over venue record.
Josef Newgarden (+1600) has two wins this season, at Phoenix and World Wide Technology Raceway, and finished second at Nashville. He raced much of the summer recovering from a broken left foot, winning at Gateway in a walking boot. His number reflects uneven road-course pace, not race-day execution.
Marcus Armstrong (+2500) was running at the front at Road America before an engine failure ended his day inside the final four laps. That is his season in miniature: real speed, results that do not show it. Felix Rosenqvist (+3300) is the other name worth explaining. He won the Indianapolis 500 in May and finished fifth at Nashville, yet sits seventh in points on 296. The market is pricing a season of scattered results rather than a single peak.
Long Shots For the 2026 IndyCar OnlyBulls Grand Prix
Mick Schumacher (+8000) scored his career-best IndyCar finish of eighth at Nashville, his first series top-10. The Rahal Letterman Lanigan rookie was also named Indianapolis 500 Rookie of the Year. Twelve rounds of results set a price, not one, which is why he sits out here.
Kyffin Simpson (+10000) finished fourth at Road America in the No. 8 Chip Ganassi Racing Honda, the same operation running the points leader’s car. Equipment is the argument for him. A points position outside the top 12 is the argument against. Santino Ferrucci (+6600) heads this tier after a ninth at Road America. These numbers describe a race that breaks unusually.
2026 OnlyBulls Grand Prix of Portland Odds: What to Watch
The Portland board is a road-course market with one dominant championship story running through it. Three drivers hold the short end, a cluster fills the middle, and the tail runs deep because a 25-car field on a circuit with a first-lap pinch point leaves room for outcomes form does not predict. Qualifying runs Saturday evening, and grid position should move numbers before the green flag.
Watch the mid-board closely. Power’s Portland record and Rosenqvist’s Indianapolis 500 win sit behind prices set by their broader 2026 results, so strong practice from either could tighten those numbers. For more, see our Music City Grand Prix odds breakdown and the Mid-Ohio odds preview.
IndyCar OnlyBulls Grand Prix of Portland FAQ: Sunday August 9, 2026
Who is the favorite to win the OnlyBulls Grand Prix of Portland?
Alex Palou is the favorite at +175, the shortest price on the 25-driver board. The Chip Ganassi Racing driver leads the NTT IndyCar Series standings by 83 points and has won five races in 2026. He has also won at Portland twice, in 2021 and 2023.
What are the odds to win the OnlyBulls Grand Prix of Portland?
Alex Palou is +175, Kyle Kirkwood +350 and Christian Lundgaard +750 at the top of the board. David Malukas, Pato O’Ward and Scott McLaughlin are each +900. Josef Newgarden, Scott Dixon and Will Power follow at +1600, with Marcus Armstrong at +2500.
What time does the Grand Prix of Portland start?
The green flag is set for 4:00 PM ET on Sunday, August 9, 2026, at Portland International Raceway. The race is Round 13 of 18 on the 2026 NTT IndyCar Series calendar and opens a six-race closing stretch that ends at WeatherTech Raceway Laguna Seca.
What channel is the Grand Prix of Portland on?
The OnlyBulls Grand Prix of Portland airs on FOX on Sunday, August 9, 2026. FOX carries the full 2026 NTT IndyCar Series race schedule, with the weekend’s practice and qualifying sessions broadcast on FS1 ahead of Sunday’s 4:00 PM ET green flag.
How many laps is the Grand Prix of Portland?
The 2026 OnlyBulls Grand Prix of Portland is scheduled for 110 laps and 216.04 miles. Portland International Raceway is a 12-turn, 1.964-mile permanent road course whose long front straight leads into a tight first-corner chicane that frequently produces opening-lap incidents.
Who won the Grand Prix of Portland last year?
Will Power won the 2025 Grand Prix of Portland, with Christian Lundgaard second and Alex Palou third. Power also won at Portland in 2024 and 2019, giving him three victories at the circuit, the most of any driver entered in the 2026 race.