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Online auto racing betting never lacks for excitement in Formula One racing.  More often than not the auto racing betting drama at this level is more often of the soap opera variety than on track competition.  And in the latest online auto racing betting news coming out the F1 world is that former driving champ Fernando Alonso will be back at former team Renault.

News flash: F-1 is not dead.  For race fans that have been bored to tears over the past decade watching Michael Schumacher dominate F-1 racing, and then watching Spaniard Fernando Alonso win back to back titles in the past two years, competition in F-1 may have seemed dead.

Last weekend after winning the Fuji Grand Prix in Tokyo Japan, rookie F-1 driver Lewis Hamilton effectively wrapped up the F-1 Drivers Cup.  Or did he?  According to new evidence and statements issued by F-1, the Drivers Cup may not be in the bag quite yet.

   Formula 1 is one of the two major ways that gamblers bet auto racing, the other being NASCAR.  If you are a regular bettor of Formula 1 there are a few things to keep in mind.Formula 1 racing action doesn’t get quite the attention that NASCAR gets, but there are some good betting options available each week at sportsbooks.  Formula 1 betting at sportsbooks oftentimes will offer bettors driver matchups, odds on the winner of a race, qualifying odds, futures, and props depending upon the race.