F1 Constructor odds: Red Bull 5/4 to retain title

Red Bull currently sit top of the 2024 Constructors Championship, but with Sergio Perez struggling as McLaren, Ferrari and Mercedes all improve, they face a stern challenge in their quest for a third straight title.

Red Bull have drifted to 5/4 to win a third straight Constructors Championship in the midst of a turbulent season for the Austrian team.

On a positive note, Max Verstappen remains on course for a fourth World Championship on the bounce, 78 points clear at the top of the drivers' standings, consistently scoring a high number of points despite the improvement of the three chasing teams and their drivers.

However, Helmut Marko, Christian Horner and the rest of the team are anxiously looking over their shoulders at the chasing pack as Sergio Perez continues to falter.

The Mexican sits seventh in the standings at the moment, with only George Russell below him from the top four constructors, and probably not for long with the Briton's results trending upwards.

Of the four teams vying for the title, only one of the racers is yet to win a Grand Prix in 2024. Red Bull's number two, Checo.

With Verstappen so dominant in the early stages of the season - winning seven of the opening ten Grands Prix - it appeared that the Austrian team were picking up where they left off last season. However, Perez's four podiums thus far have seen them lose ground, with the ever-improving McLaren now breathing down their neck. The British team are now just 48 points from the top, followed by Ferrari, 63 points away.

McLaren are the new favourites for the title, into 4/7 to come away with the top prize, and Lando Norris is still in with an outside chance at the Drivers' Championship too.

The Briton finally added a long-awaited win to his F1 career in Miami. As has Oscar Piastri, who looks more than settled in his second season on the grid, having tasted victory in Hungary.

The Surrey based team have had at least one driver on the podium in the last ten races and will come back from the summer break even hungrier following Red Bull's decision to stick with Serio Perez for the remainder of the year.

Ferrari must've been looking at next season as a chance to win the title following the acquisition of Lewis Hamilton. However, despite being 33/1, they are still right in the mix, probably to their own surprise.

Charles Leclerc and Carlos Sainz Jr have a fantastic relationship and would love nothing more than to send the Spaniard off to Williams with a Constructors title to his name, so they can't be discounted, even if their car is slightly behind the leading duo in terms of development.

George Wood

• Red Bull Racing
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