The 2022 Formula 1 schedule started off with a bang, with a new rivalry forming between Ferrari's Charles Leclerc and Red Bull's Max Verstappen. Leclerc won the Gulf Air Bahrain GP on opening weekend, while Verstappen won the STC Saudi Arabian GP the following week. Now, the young rivals have their sights set on the 2022 Heineken Australian Grand Prix on Sunday, April 10. The green flag drops at 12:55 a.m. ET, with Valtteri Bottas, who won the race in 2019 before a two-year hiatus for the event, entering as the defending champion. 

Verstappen and Leclerc are listed as co-betting favorites at -400 (risk $400 to win $100) in the latest F1 Australian GP odds from Caesars Sportsbook. Other Australian Grand Prix top contenders include Sergio Perez (-150), Carlos Sainz (+250), Lewis Hamilton (+250), and Lando Norris (+275). Before scouring the 2022 Australian Grand Prix starting lineup and making any Formula 1 picks, be sure to check out the latest 2022 Australian 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 red-hot when it comes to picking Formula 1 races. 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. Then, at the 2021 Qatar Grand Prix, McClure's model was all over Hamilton, who completely crushed his competition en route to another victory for the 37-year-old F1 legend.

Now, the model simulated the 2022 F1 Australian race 10,000 times, and just revealed its coveted F1 picks and predictions. You can head to SportsLine now to see the complete projected 2022 Australian Grand Prix leaderboard.

Top 2022 Formula 1 Australia GP predictions

One massive shocker: Defending champion Valtteri Bottas stumbles and finishes outside the top six. Despite his success in Melbourne and his enticing odds of 35-1, McClure simply doesn't see much value in backing Bottas and recommends looking at other options in the 2022 Australian Grand Prix starting grid. 

At the same time, McClure is also fading Formula 1 legend Lewis Hamilton. Ferrari and Red Bull have established themselves as the unquestioned top teams in Formula 1 2022, and Mercedes has some kinks to work out before McClure will be back to recommending Hamilton as a top pick. 

How to make 2022 Australian Grand Prix picks

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

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

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

Charles Leclerc -400
Max Verstappen -400
Sergio Perez -150
Carlos Sainz 5-2
Lewis Hamilton 5-2
Lando Norris 11-4
George Russell 11-2
Daniel Ricciardo 12-1
Fernando Alonso 15-1
Esteban Ocon 16-1
Pierre Gasly 35-1
Valtteri Bottas 35-1
Yuki Tsunoda 50-1
Mick Schumacher 100-1
Guanyu Zhou 150-1
Kevin Magnussen 150-1
Sebastian Vettel 500-1
Lance Stroll 500-1
Alexander Albon 750-1
Nicholas Latifi 1500-1