Red Bull 3-1 to win 2021 Constructors title as Perez signs

Bookmaker Coral have made Red Bull 3-1 to win the 2021 F1 Constructors World Championship as they announced Sergio Perez will race alongside Max Verstappen in 2021.

Mercedes are still the odds on favourites at 1-4. Max Verstappen is 5-1 to win the Drivers Championship and Sergio Perez 12-1.

Coral have Lewis Hamilton as the odds on favourite at 2-5 with Valtteri Bottas 11-2 third favourite behind Verstappen.

"Perez earned plenty of plaudits towards the end of the truncated 2020 season and he's finally landed a drive for next year. We make Red Bull 3-1 to overturn the Mercedes dominance and win the 2021 Constructors Championship, whilst Perez himself is a 12-1 shot for the Drivers Championship," said Coral's Harry Aitkenhead.

"Lewis Hamilton is odds on to win the title next season before a car even hits the grid and we also make him odds on to be BBC's Sports Personality of the Year after Sunday's show," added Aitkenhead.

2-5 Lewis Hamilton, 5-1 Max Verstappen, 11-2 Valtteri Bottas, 12-1 Sergio Perez, 25-1 George Russell, 33-1 Charles Leclerc, 50-1 Daniel Riccardio, Carlos Sainz, 66-1 Lando Norris, Fernando Alonso, 80-1 Sebastian Vettel, 100-1 Lance Stroll

1-4 Mercedes, 3-1 Red Bull, 12-1 Ferrari, 50-1 Aston Martin, McLaren, 66-1 Alpine

1-2

**All odds from Coral and correct on 18 December 2020