British F1 racing fans will be hoping for some homegrown success this Sunday at Silverstone as they hope for either Lewis Hamilton or Jenson Button to win the 2011 British Grand Prix. It is, of-course, a massive ask as current F1 World Champion, Sebastian Vettel, looks to continue his domination this season and clock up his seventh win.

It’s understandable why the bookies have made Vettel odds on favourite to win the Great Britain Grand Prix Betting. You can get best odds of 5/6 from Skybet for Sebastian Vettel for to win the 2011 British Grand Prix.

But what of some British Success?

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It’s Spain’s turn for Formula One action this weekend as thousands will pack Valencia to bursting point as the 2011 European Grand Prix gets underway. After the madness of the rain at the Canadian Grand Prix, the drivers will now have to endure the sweltering sunshine of the Spanish circuit. With temperatures expected to hit the 30′s, Lewis Hamilton and McLaren will be hoping to turn up the heat on Red Bull’s soaraway leader Sebastian Vettel.

It was Vettel who won the 2010 European Grand Prix and according to the latest Formula One 2011 betting it’ll be Red Bull who’ll take the chequered flag again this year albeit perhaps under the steam of Mark Webber this time.

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It didn’t quite go to plan for Sebastian Vettel at the second practice lap ahead of the F1 Monaco betting on Sunday. Vettel laboured home in 5th place, a full half a second behind Fernando Alonso who finished fastest in the afternoon session.

I’m pretty sure, no one at Red Bull is getting too concerned about Vettel’s poor lap time. It is after all, the Saturday session that will deem the grids starting places and that sought-after pole position. Once the race begins proper, you can be sure that Vettel will be summoning everything his Red Bull car can give him to win the most prestigious and glamorous race in Formula One.

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After a summer break the world of F1 betting returns to our smallscreens this weekend over the 27th-29th August with the Belgian F1 grand Prix betting. During the drivers relaxing break we have had Lewis Hamilton fined £228 for his boy-racer stunt of pulling ‘donuts’ in a Melbourne street.

Elsewhere, F1 have confirmed a sponsorship partnership with global financial outfit, ‘USB’. The Swiss bank has not revealed just how much of an outlay they have agreed upon with the F1 management but you can be assured it won’t have come cheap. Sponsoring just one F1 race is estimated between between £5m and £20m.

All attention turns to the Spa Francorchamps circuit, home of the Belgian Grand Prix. The Red Bull pairing of Vettell and Webber are extremely optimistic ahead of the F1 Belgian Grand Prix. German driver, Vettel, stated, “It (Belgian Grand prix circuit) has some of the best corner sections in Formula One, they’re long, fast-flowing and suit our car. We were very competitive in the race there last year.”

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If you look down the catalog of homegrown winners of the British Grand Prix you’ll see an impressive list of household names synonymous with motor racing such as Damon Hill, Johnny Herbert, Lewis Hamilton, Nigel Mansell, David Coulthard, Stirling Moss and Jackie Stewart. There is one name missing from that list of British F1 magnificence and that is Jenson Button.

Button’s best ever finish at Silverstone was 4th back in 2004 and looking at the current bookie odds on Formula One betting, they don’t fancy Button to do any better this year with Victor Chandler offering a best bet of 8/1 for Button to win the British GP.

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It’s the home circuit of Ferrari’s, Fernando Alonso, and both he and Ferrari will be hoping it’s not a pain in Spain as Alonso looks to cut into Jenson Button’s 11 point lead in the Drivers Championship. Formula One betting fans will remember that Button claimed the Spanish Grand Prix title last year but we all know that Ferrari were caught cold at the start of last years F1 Championship. They’ll be looking to boss the podium again this year, well, they have won the Spanish Grand Prix six times since 2001 – albeit four of those wins were under Schumacher when he was at his best.

Speaking of Michael Schumacher, the uncomprimising German released a press statement saying he is ‘extremely motivated’ after many were raising eyebrows over his current desire for the sport after only accumulating 10 points on the F1 drivers leaderboard. An optimistic Schumacher said, “The good news is that after three years away, I am feeling extremely motivated. So I am clearly ready to take this challenge.”

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Vettel vs Alonso! Red Bull vs Ferrari! Speed vs Experience! Yes, it’s the Australian Grand Prix, and we are only 1 race into this season and already F1 commentators have it down to a 2 man battle for the drivers championship. Sebastian Vettel (Red Bull) and Fernando Alonso (Ferrari) seem to have the edge this season judging their car’s performance in Bahrain. Lewis Hamilton managed 3rd but even he’ll admit that McLaren have a little bit to go in the speed department.

Button is a little out of things at the moment – I guess he’ll continue to feel that way for the rest of the season – how do you except that you are the reigning champion, yet, you play second fiddle in your team. F1 betting fans understand that you can’t be rivals and teammates at the same time, cracks will appear in time, and Mclaren’s PR team will be in overdrive to prove that all is well in the Hamilton-Button partnership ahead of the 2010 Australian Grand Prix.

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March heralds the start of another exciting Formula One season. Bahrain hosts the big start on Sunday the 14th of March and this year looks to be a close fight between McLaren, Mercedes, Red Bull and Ferrari. Williams, Sauber and Renault will no doubt play their part in this years F1 Championship as well. The good thing is, we are starting this seasons campaign without all the neg press that was hanging over the sport this time last year.

Of course, we welcome back a Formula 1 great in Michael Schumacher, who’ll be driving for Brawn-Mercedes. Jenson Button, last years winner, joins forces with Lewis Hamilton as the pair go all out to make hat-trick of F1 successes for Britain. Fernando Alonso joins forces with the fit again Felipe Massa at Ferrari. Red Bull have a seriously srtong pairing in Sebastian Vettel and Mark Webber who both finished 2nd and 4th respectively last season.

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This Sunday is the penultimate race in the F1 season. We visit Sao Paulo for the Brazilian Grand Prix and with Jenson Button stuttering to wrap up this competition, Sebastian Vettel looks a great outside bet to become champion with F1 betting punters.

Vettel trails Button by an incredible 16 points with only two races left to compete. Yet, with the pressure mounting on Brawn and Button many bookmakers have confirmed Vettel as clear favourite to drive to victory at the Brazilian Grand Prix.

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Brawn have somehow found themselves in a rather stong position as we head into the last 4 races of the F1 championship. Brawn are leading the constructors championship with a whopping 40.5 point lead over nearest rival Red Bull-Renault. However, it is in the drivers championship that really has got the hands-rubbing together in earnest as to where this years crown will be going.

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