Spanish Grand Prix odds have Kimi Antonelli on top of the board at +175 as Formula 1 arrives in Madrid for the first race ever held at the Madring. The championship leader comes to Spain off a win at Monza from 19th on the grid, heading a 22-car field that has never raced this circuit. Below is a breakdown of the 2026 Spanish Grand Prix odds, top to bottom.
Last Updated: Wednesday, September 9, 2026
2026 Spanish Grand Prix — Time & How to Watch
| Where | Madring, Madrid, Spain |
| When | Sunday, September 13 – 9:00 AM ET |
| TV | Apple TV (F1 TV Pro) |
2026 Spanish Grand Prix Betting Preview
The Madring is the newest venue on the calendar and the biggest variable in this market. The street circuit runs 5.416 kilometers per lap around the IFEMA exhibition grounds, with 22 corners and a banked 180-degree Turn 12 that teams have flagged as the weekend’s most demanding corner. Sunday’s race is 57 laps, just over 308 kilometers.
This is a standard weekend rather than a sprint. Practice opens Friday and qualifying follows Saturday at 10:00 AM ET. No driver has race data here, so the board is priced off 2026 form rather than circuit history.
That form is lopsided. Mercedes leads the constructors’ standings with 468 points to Ferrari’s 346, and its drivers have won nine of 13 races. Antonelli holds 267 points and a 66-point lead over teammate George Russell. However, the two races before Monza went to Lando Norris.
One confirmed change shapes the entry list. Isack Hadjar, eighth in the championship, misses a third straight race with a wrist injury, so Liam Lawson stays at Red Bull and Yuki Tsunoda continues at Racing Bulls. Hadjar does not appear on the outright board at all. For contrast, see our 2026 F1 Italian Grand Prix odds breakdown.
2026 Spanish Grand Prix — Top Odds to Win
| Name | Odds |
|---|---|
| Kimi Antonelli | +175 |
| Lando Norris | +325 |
| George Russell | +450 |
| Lewis Hamilton | +700 |
| Charles Leclerc | +800 |
| Max Verstappen | +1000 |
| Oscar Piastri | +1100 |
| Liam Lawson | +15000 |
| Arvid Lindblad | +40000 |
| Pierre Gasly | +40000 |
Odds accurate as of Wednesday, September 9, 2026 via TheSpread.com. Odds change, get the latest F1 Odds – Props
2026 F1 Spanish Grand Prix Odds: Kimi Antonelli Favored
Antonelli sits at +175, an implied probability of roughly 36 percent. The case for that price is straightforward. He has seven wins in 13 rounds, leads the championship by 66 points, and is coming off a Monza drive that began 19th after an engine penalty and finished first. Mercedes has been the class of the field all year.
The case against the price is the venue. A walled 22-corner street circuit narrows the margin for error, and nobody in the paddock has a reference lap here. Track position carries more weight at this type of venue, which puts unusual pressure on a single qualifying hour.
There is also the matter of the two races before Monza. Norris won both, and at +325 he is the only other driver inside +400. The market has Antonelli on top because the season says he belongs there, but it has not priced him as a runaway.
2026 Spanish Grand Prix Odds: Mid-Grid Contenders
Lewis Hamilton (+700) is third in the standings on 191 points and is the only driver here who has already won in Spain this season, taking the Barcelona-Catalunya round in June. He was sixth at Monza as the lead Ferrari. His price reflects a strong points season paired with a single win.
Charles Leclerc (+800) won at Silverstone and sits fifth on 155 points, but he crashed out on lap two at Monza. The market appears to weigh his street-circuit pedigree against results that have not matched Hamilton’s consistency.
Max Verstappen (+1000) is the most striking price here. He is sixth on 127 points and winless in 2026, which explains why a four-time champion sits outside the top five. Still, he finished third at Monza. The market is pricing the season, not the résumé.
Oscar Piastri (+1100) is the name most likely to surprise a casual eye. He is seventh on 116 points and winless this year, finishing fifth at Monza behind Norris. Same car as the second favorite, a very different number. That gap is the market’s read on how the two McLaren seasons have diverged.
Spanish Grand Prix Long Shot Odds on the Board
Below Piastri the board falls off a cliff. Liam Lawson (+15000) bridges the contenders and the field. He qualified within a tenth of Verstappen at Zandvoort and finished seventh there, then failed to score at Monza. He has the strongest equipment of anyone at a long price, which is why he sits clear of the next tier.
Arvid Lindblad, Pierre Gasly and Yuki Tsunoda (+40000) form the next band. Tsunoda scored his first point of the season with tenth at Monza. None of the three has shown outright winning pace this year, so their paths run through attrition rather than speed.
That is the honest read on the long end. A new circuit lined with concrete raises the odds of safety cars and red flags, and chaos compresses a field. Everyone from Alex Albon to Fernando Alonso to Carlos Sainz sits at +50000, numbers describing drivers who need the race to break sideways.
2026 Spanish Grand Prix Odds: What to Watch
This board should move more than most between now and Sunday. Qualifying has not run, and on a circuit where nobody holds a reference lap, Friday practice is the first real information the market gets. Expect prices to firm once Saturday’s grid is set, particularly for whoever lands on the front row.
Track evolution is the other unknown. A new surface gains grip across a weekend, rewarding whoever adapts fastest rather than whoever arrived quickest. No grid penalties have been confirmed for Madrid, though a penalty reshaped the grid at Monza. Our Dutch Grand Prix odds preview shows how a similar board behaved last month.
F1 Spanish Grand Prix FAQ: Sunday September 13, 2026
Who is the favorite to win the Spanish Grand Prix?
Kimi Antonelli is the favorite at +175. The Mercedes driver leads the 2026 drivers’ championship with 267 points and seven wins through 13 rounds, a 66-point margin over teammate George Russell. Lando Norris is next on the board at +325, followed by Russell at +450.
What time does the Spanish Grand Prix start?
The 2026 Spanish Grand Prix starts at 9:00 AM ET on Sunday, September 13, which is 3:00 PM local time in Madrid. Qualifying runs the day before at 10:00 AM ET, with the third practice session earlier that morning at 6:30 AM ET.
What channel is the Spanish Grand Prix on?
Apple TV carries Formula 1 in the United States in 2026, with the Spanish Grand Prix streaming through its F1 TV Pro feed. Live timing is also available on Formula1.com and through the official F1 app for viewers following along during the race.
How many laps is the Spanish Grand Prix?
The 2026 Spanish Grand Prix is 57 laps. Each lap of the Madring measures 5.416 kilometers, or 3.365 miles, which puts the full race distance at just over 308 kilometers. The circuit has 22 corners, including a banked 180-degree turn.
What are the odds to win the Spanish Grand Prix?
Kimi Antonelli leads the outright market at +175, ahead of Lando Norris at +325 and George Russell at +450. Lewis Hamilton is +700, Charles Leclerc +800, Max Verstappen +1000 and Oscar Piastri +1100. Liam Lawson heads the long shots at +15000 on a 22-car board.
Is the Spanish Grand Prix a sprint weekend?
No. Madrid runs a standard Formula 1 weekend format, with three practice sessions and a single qualifying hour. Practice opens Friday, September 11, qualifying sets the grid on Saturday, September 12, and the Grand Prix runs on Sunday, September 13.