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Nic Ladds 17th Mar 2012 - 12:05

Red Bull bull-dozed by McLaren as Vettel on the drift

Following the capitulation of both the Red Bull and Ferrari cars, William Hill make Lewis Hamilton the 11/10 favourite to win the Australian Grand Prix, with his teammate, Jenson Button, second in the betting at 11/4.

Sebastian Vettel has gone from being the 11/8 favourite for the race to 8/1, while Michael Schumacher, fourth on the grid, could get his first podium finish since returning to F1 - he is 12/1 for first place and 2/1 for a spot in the top three.

Lewis Hamilton is 8/13 to beat his teammate (while Jenson Button is 6/5 to finish ahead of Hamilton).

If Vettel's drift in the race odds has been alarming, then his drift in the Drivers Championship has been more so.

At one point 5/6 before the season had even started, Vettel is now 9/4 second favourite, with Lewis Hamilton 2/1 and Jenson Button, in from 8/1 to 3/1 third favourite.

"Sebastian Vettel has been so well fancied and that was highlighted by the fact that he was odds on before a wheel had been turned in anger. That the Red Bulls were so far off the pace indicates that this season could be the closest yet," aid Hill's spokesman Joe Crilly.

The poor Australian GP qualifying for Red Bull, has seen them overtaken for the Constructors Championship with McLaren 8/11 and Red Bull 2/1. Mercedes GP are in third for the first time at 5/1 with Ferrari out to 20/1.

Race Winner: 11/10 Lewis Hamilton; 11/4 Jenson Button; 8/1 Sebastian Vettel; 12/1 Michael Schumacher; 16/1 Mark Webber; 16/1 Romain Grosjean; 20/1 BAR

Podium Finish: 4/11 Lewis Hamilton; 4/9 Jenson Button; 11/8 Sebastian Vettel; 2/1 Michael Schumacher; 9/4 Mark Webber; 10/3 Romain Grosjean; 7/2 Nico Rosberg; 9/1 BAR

Drivers Championship: 2/1 Lewis Hamiltno; 9/4 Sebastian Vettel; 3/1 Jenson Button; 14/1 Nico Rosberg; 16/1 Michael Schumacher; 20/1 Fernando Alonso; 20/1 Mark Webber; 28/1 BAR

Constructors Championship: 8/11 McLaren; 2/1 Red Bull; 5/1 Mercedes; 20/1 Ferrari; 20/1 Lotus; 150/1 BAR

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