Motor Sports Betting Surge Driven by F1 and NASCAR
AI-generated image · US National Wire
Increased mainstream interest in racing is fueling a wave of sportsbook promotions and prediction market growth.
Motor sports have seen a significant increase in popularity in recent years, as CBS Sports first reported. This growth has drawn mainstream sports fans toward NASCAR and F1 betting, driven in part by pop culture and high-profile events such as the Daytona 500 and various F1 grand prix races.
This surge in interest is reflected in aggressive promotional offers from major sportsbooks. CBS Sports reports that DraftKings and FanDuel both offer "bet and get" promotions requiring a $5 initial wager; DraftKings provides $150 in bonus bets, while FanDuel offers up to $250 in bonuses for users who bet $5 for five days. Other platforms include Fanatics, which offers $350 in FanCash for a $20 wager, and Caesars Sportsbook, which provides up to $250 in bet reset tokens. BetMGM offers to cover a user's first bet up to $1,500 in bonus bets if the wager loses, provided the user bets at least $1,500.
Beyond traditional sportsbooks, CBS Sports notes that federally regulated prediction markets Kalshi and Polymarket have made motor sports trading more accessible in the U.S. Kalshi offers $55 in bonus trading credits for a $25+ initial trade, while Polymarket provides a $50 trading bonus for a $10 deposit.
While F1 events in Monaco, Silverstone, Monza, and Singapore are marquee dates, and the Abu Dhabi Grand Prix often decides the drivers and constructors championships, other major events include the Indianapolis 500 and NASCAR "Crown Jewel" races like the Coca-Cola 600 and the Brickyard 400.