Formula 1 Announces FanDuel as New Official Betting Operator
As it broadens its commercial portfolio, Formula 1 has appointed FanDuel as its newest Official Sports Betting Partner, giving it the racing league's first betting partner based in the United States.
Grand Prix in Miami
The statement is made ahead of the Formula 1 Crypto.com Miami Grand Prix this weekend.
Every race weekend, F1's website and app will incorporate FanDuel's odds and real-time information.The age-gated Formula 1 Betting Guide will incorporate its material.
With the agreement, FanDuel's 17 million consumers in the US and Canada will have more options for betting on Formula One.With options to play on race wins, podium places, and head-to-head driver confrontations, fans will be able to customize their bets to their preferred teams and drivers. As the season progresses, more opportunities to bet on Formula One will be revealed.
“We’re delighted to welcome FanDuel as our new Official Betting Operator in the United States and Canada. Those are markets that continue to increase their love and engagement with Formula 1,” said Jonny Haworth, Director of Commercial Partnerships, Formula 1.
Engaging Betting Opportunities
“Sports betting is becoming an increasing component with how fans, especially in the US, interact with sport. It’s vital we have a strong and well-placed partner to deliver our strategy and fuel our momentum across the market.
FanDuel, which has tens of millions of fans nationwide, is another way that qualified fans can take in the excitement of Formula 1.
Kimi Antonelli (ITA/Mercedes), Max Verstappen (NED/Red Bull), and George Russell (GBR/Mercedes) are in the lead with sportsbooks for the greatest bet handle and tickets when it comes to the Miami race.
The race is scheduled for Sunday at 4 p.m. EST, and Antonelli and Russell are the wagering favorites. Tomorrow is practice and qualifying.
Data in Real Time
The Miami International Autodrome will host the race. This 5.4-kilometer, 19-corner temporary track was constructed around Miami Gardens' Hard Rock Stadium.
“Being named an Official Betting Operator of Formula 1 marks an exciting step forward as we enhance our sportsbook product to deliver more interactive experiences for fans,” said Karol Corcoran, Managing Director of FanDuel Sportsbook.
“Formula 1 generates an incredible amount of real-time data. Our platform is built to turn that into engaging betting opportunities for fans. This partnership will allow us to deliver even more immersive, data-driven experiences throughout the race weekend.”
Announcement from Erin Andrews
Erin Andrews, a sports presenter, was also appointed a Responsible Gaming Ambassador by FanDuel. Andrews is well recognized for his work as a Fox Sports sideline reporter covering college and NFL football.
“Sports are, and always have been, such a huge part of my life,” she said. “I was impressed that FanDuel speaks openly about Responsible Gaming and emphasizes that gaming tools should be a part of your winning strategy.
“And of course, FanDuel gives people all the tools and awareness to enjoy sports betting safely from the start. That balance between enjoyment and responsibility in sports betting is something I genuinely believe in. It made me want to be part of the conversation,” she added.
