There is racing and then here is gambling on racing. There are dog races and horse races and of course the ever popular motor racing. There are various types of motor racing such as drag racing, stock car racing, motorcycle racing, and the one that many fans consider the ultimate in motor racing Formula One.
Formula One racing is one of the most glamorous and colourful of the motor racing sports and it certainly is one of the most costly to participate in. Coming up fast is this year’s 2017 Formula 1 Rolex Australian Grand Prix scheduled for 26 March 2017 in Melbourne. The Melbourne Grand Prix Circuit will test the drivers and machines for over fifty-eight laps for the first round of the 2017 FIA Formula One World Championship. The current Formula One World Champion, Nico Rosberg the winner of last year’s 2016 race in a Mercedes retired leaving the championship unguarded this year, the first time since 1994. Teams and drivers are scheduled to compete in twenty Grand Prix beginning in Australia on 26 March and ending in Abu Dhabi on 26 November for the World Drivers' and World Constructors' championships.
With the technical regulations undergoing a revision for the 2017 season, the FIA requested that every circuit on the calendar undergo revisions to update safety features. Organisers of the race introduced Techpro barriers to the run-off areas at the fastest points of the circuit, and re-profiled tire barriers.
Following each race and the outcomes is readily available online with extensive coverage of all aspects of the teams, the machines the circuits and other factors all contribute to the excitement of the final Championship outcome in November. Betting on the teams and the drivers for the duration can be rewarding from many angles. There are many online sports books that offer good odds with Lewis Hamilton in the Mercedes team leading the pack of favourites with Sebastian Vettel just behind him with his Ferrari team.