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The latest stop on the Formula 1 schedule is Montmeló, Catalonia, Spain for the 2022 Spanish GP at Circuit de Barcelona-Catalunya. The race is scheduled for Sunday, May 22, with F1 legend Lewis Hamilton entering the event as the five-time defending champion. In what has become the norm during the 2022 Formula 1 season, Red Bull's Max Verstappen and Ferrari's Charles Leclerc are heavy betting favorites heading into race weekend. Verstappen is listed at +100 (risk $100 to win $100), while Leclerc is listed at +140 in the latest Formula 1 Spanish Grand Prix odds from Caesars Sportsbook. Hamilton is listed as a 22-1 longshot to defend his title.  

The green flag drops at 7:00 a.m. ET in Spain. Before scouring the 2022 Spanish Grand Prix starting lineup and making any Formula 1 picks of your own, be sure to check out the latest 2022 Spanish GP predictions and betting advice from SportsLine's proven projection model.

Developed by daily Fantasy pro and SportsLine predictive data engineer Mike McClure, this proprietary Formula 1 prediction model simulates every race 10,000 times, taking into account factors such as track history and recent results. It's had a strong history of success in motorsports, correctly predicting seven winners during the 2021 NASCAR season and its projected leaderboards have forecasted winners across multiple racing formats.

The model has been scorching hot when it comes to picking Formula 1 race events dating back to 2021. It nailed both of Leclerc's wins in 2022, and at the 2021 Mexican Grand Prix, the model was strongly backing Verstappen as its top pick. The result: Verstappen dominated the field and ran away with a victory. The model followed that up by calling Verstappen's win at the Rolex Emilia Romagna GP in April. Anyone who followed the model's lead on those plays has seen huge returns

Now, the model has dialed in on the 2022 Formula 1 Miami Grand Prix and just released its coveted picks and leaderboard projections. You can head to SportsLine now to see the complete projected 2022 Spanish GP leaderboard.

Top 2022 Formula 1 Spanish GP predictions

One massive shocker: Formula 1 legend Lewis Hamilton stumbles and barely cracks the top five, despite his status as five-time defending Spanish Grand Prix champion. Mercedes has been working diligently to improve its cars after a highly disappointing start to the 2022 F1 season, and with Red Bull leader Christian Horner recently went on record predicting a return to contention for the reigning Formula 1 Constructor champions. Still, McClure is fading Hamilton until Mercedes proves they have made the necessary upgrades to regularly compete with Ferrari and Red Bull. 

How to make 2022 Spanish Grand Prix picks

The model is also targeting another driver who surprises by challenging Verstappen and Leclerc for the victory in Spain. Anyone who backs this long shot driver could hit it big. You can see all of the model's F1 picks at SportsLine.

So who wins the Spanish Grand Prix 2022? And which under the radar driver makes a strong run at the checkered flag? Check out the latest 2022 F1 GP odds below, then visit SportsLine now to see the full projected 2022 Crypto.com Miami Grand Prix leaderboard, all from the model with a proven history of auto racing success, and find out.

2022 Formula 1 Spanish Grand Prix odds, field, top contenders

Max Verstappen +100
Charles Leclerc 7-5
Carlos Sainz 9-1
Sergio Perez 16-1
Lewis Hamilton 22-1
George Russell 22-1
Lando Norris 80-1
Valtteri Bottas 80-1
Esteban Ocon 200-1
Fernando Alonso 200-1
Daniel Ricciardo 250-1
Pierre Gasly 500-1
Kevin Magnussen 750-1
Mick Schumacher 1000-1
Yuki Tsunoda 1000-1
Guanyu Zhou 1000-1
Lance Stroll 1500-1
Alexander Albon 1500-1
Sebastian Vettel 1500-1
Nicholas Latifi 2500-1