Red Bull did the double last season by winning the Drivers' and Constructors' crowns, and look primed to repeat this feat for a second successive year.
We have examined each team’s prospects for the upcoming 2023 F1 season, while you can check out the latest Constructors' Championship prices below.
|What||2023 F1 season|
|Where||Across the world|
|When||Sunday March 5th - Sunday November 26th|
|How to watch||TSN|
|Odds||Red Bull -10000, Mercedes +6600, Aston Martin +10000, Ferrari +50000|
Red Bull are heavy favourites to retain their Constructors' Championship, with seven race wins - five for Max Verstappen and two for Sergio Perez - seeing them take an imposing early lead in the standings.
It's been an underwhelming start to the 2023 season for the winners of the 2021 Constructors' Championship Mercedes, with star driver Lewis Hamilton publicly bemoaning the pace of the car after he and teammate George Russell failed to secure a podium finish in the opening two races of the season.
Hamilton and Russell are currently placed fourth and fifth in the driver standings respectively, and look a long way away from challenging dominant Red Bull pair Verstappen and Perez.
Aston Martin boast an impressive car this year, and with Fernando Alonso finishing in the top four in the first six races of the season, but the Silverstone-based team have their work cut out in order to compete with Red Bull who have been imperious at the start of this campaign.
Ferrari are out to +50000 for the Constructors' crown after a difficult start to the season which sees the Scuderia lie in fourth place with just one podium finish between drivers Charles Leclerc and Carlos Sainz Jr in the first seven races of the campaign.
All odds correct at the time of publishing and subject to change.