No matter which style of racing you prefer, there’s a little of something for you Sunday. Formula 1’s prestigious Grand Prix of Monaco starts us off at 9 a.m. ET, with IndyCar’s historic Indianapolis 500 at 12:45 p.m., and NASCAR’s longest race, the Coca-Cola 600, from Charlotte Motor Speedway at 6 p.m. to finish the day.

For racing enthusiasts, it’s the most compelling day of the year for on-track racing, but for casual sports fans, it might be your first time tuning in this season. If you’re looking to get in on the action yourself, there’s no shortage of ways to bet the races, from the pits to the checkered flag. Let’s get you caught up on your options.

All odds accurate as of publish time. For more, go to ESPN BET.

Outright winner bet

As former Raiders owner Al Davis said, “Just win, baby!”

Or maybe more fitting, “If you ain’t first, you’re last,” by Ricky Bobby from “Talladega Nights.”

This bet is as straightforward as it sounds: Pick the winner. Any other result is a loss, but you’ll get the highest payout compared to other results-based bets.

With how competitive each of the three series have been so far, all three race favorites are still at plus-money odds in Oscar Piastri (F1, +190), Pato O’Ward (Indy, +450) and Kyle Larson (NASCAR, +550). However, long shots have had their day in Victory Lane, as it wasn’t too long ago when Takuma Sato won the 2017 Indy 500 as a 30-1 long shot or when Ryan Blaney won the 2023 Coca-Cola 600 at 22-1.

Top 3/5/10 finish

Maybe you feel like a driver will do well, but don’t want to fully commit to betting the outright winner. If so, Formula 1 offers odds to finish in the top three (a podium), in the top six or 10 (drivers who finish in the top 10 receive points). With a 20-car field, you’re looking for drivers you feel confident will either have a strong day or exceed expectations.

For example, the McLaren duo of Piastri and Lando Norris have finished in the top three in six of the seven races this season, with Piastri winning four times and Norris once. However, with how consistently successful the pair have been, their odds to finish in the top three are shorter than their odds of a win.

Top five and top 10 bets are available in NASCAR and IndyCar as well.

Race Props

• Winning manufacturer: Instead of betting on the winning driver, we’re betting on the winning car. In IndyCar, your choices are either Chevrolet or Honda, while NASCAR features Chevrolet, Ford and Toyota.

• Double top 3/6/10: The aforementioned McLaren duo individually don’t have great odds to finish on the podium, but if you want to take both of them to finish on the podium in Monaco, that’s much closer to even money.

• Race winning margin: Expecting a blow out? Or a late caution/safety car to bunch the field back up? Monaco is famous for its tight quarters not giving drivers many passing opportunities, and thus, a wide margin can build up. On the other side, NASCAR can feature late yellow flags to tighten the pack and spur close finishes.

• Race winner number: This bet is much more random, essentially the equivalent of bringing a roulette wheel to the racetrack. The NASCAR number is set with an over/under of 17.5, and there’ll be a No. 1 (Ross Chastain) all the way to No. 99 (Daniel Suarez) in the field. The Indy 500 number is set at 9.5, with the under listed at -140 odds. O’Ward (No. 3) and third-favorite Scott Dixon (No. 9) both sport car numbers under that line, while second-favorite Álex Palou (No. 10) and pole-sitter Robert Shwartzman (No. 83) have higher numbers.

• Top driver for manufacturer: This is specific to NASCAR, and you’re looking for the best finisher a driver to be in a Chevrolet, Ford or Toyota. Each manufacturer is expected to have between 10-17 cars in a race.

• Number of leaders: For NASCAR, it’s set at 12.5 drivers, out of a 40-car field, to lead at least one lap. Last year, there were 10 leaders compared to 13 in each of the three prior years, but those are the only instances since 2012 in which we’ve seen such a high number.

• Fastest lap: This is for which driver ran the single fastest lap of the entire race. F1 used to offer a bonus point for fastest lap from 2019-24, but has scrapped that as of this year, so there’s a lot less maneuvering to steal the point late in the race.

• First driver/car retirement: In F1, this refers to a car pulling out of the race either for a mechanical issue or damage from a wreck, so you’re going to get longer odds here due to the unpredictability of it. Currently the favorite is “no retirements’ at 7-1, with each of the 20 starters between 10-1 to 25-1.

• Safety car: A safety car is deployed in F1 when a wreck or adverse track conditions necessitate slowing the field. At Monaco, the safety car came out in 2022 and 2024, but not in 2021 or 2023. Currently it’s -650 to have one, +400 for none.

• Fastest pit stop: This is another F1-specific wager in which you bet which team can get their driver in and out of the pits with four fresh tires the fastest. Each team fields two drivers, and Ferrari is the odds-on favorite at -160 with Lewis Hamilton or Charles Leclerc.

• Race matchups/group winners: These will be matchups for one driver to finish better than another, or a driver to win against a group of three other drivers. For head-to-head matchups, you’ll get closer to even money return on your bet with a win. For the groups, you’ll get better odds than a head-to-head, due to the nature of needing to beat three other drivers.

Betting tips

Formula 1: I alluded to it earlier when discussing Piastri and Norris, but give me the Double top three: McLaren (-110) in Monaco.

Monaco is also famous for a lack of overtaking, making it hard for drivers to advance their position. I mean, you’ve seen that famous hairpin corner, right? So, if you get a surprise in Saturday’s qualifying, I’d sprinkle in a top-six finish for that driver. Especially if you’re getting somebody like Alexander Albon (+325) or Yuki Tsunoda (+400) at a good price.

Indy 500: Out in Indianapolis, I’m going to take the three-time series champion Álex Palou (+550), as my outright winner.

Coca-Cola 600: Turning our attention to NASCAR, where I’d pick Kyle Larson (+500) as my winner. That’s a good price for the favorite who led more than 80% of the laps in a win at a similar track in Kansas, an intermediate 1.5-mile track similar to Charlotte. Larson plans to run both the Indy 500 and Coca-Cola 600 in one day, a feat he attempted last year before rain prevented him from taking the wheels in Charlotte. A bet on Larson to finish first would still be valid, even if he were to miss the start of the race.

If you’re looking for drivers with slightly longer odds that I think could master the 600 on Sunday night, check out Josh Berry (25-1), Chris Buescher (25-1) and Carson Hocevar (40-1).

William Byron received a four-year contract extension from Hendrick Motorsports on Friday that will keep the 27-year-old driver with the team through the 2029 NASCAR Cup Series season.

Financial terms of the contract were not released.

The two-time Daytona 500 champion has emerged as one of the sport’s most competitive drivers, having already earned 14 Cup Series wins and six consecutive playoff appearances from 2019 to 2024. He has won 13 Cup Series races since being paired with crew chief Rudy Fugle in 2021 — the second-highest total in the series over that span.

Now in his eighth season, Byron won this year’s Daytona 500 for the second straight year, becoming the youngest multi-time winner in the event’s storied history.

Byron, who grew up in Charlotte, currently ranks second in the Cup standings after 12 points-paying races.

“We’ve built something special with the No. 24 team,” Byron said. “I’m thankful for the opportunity to continue working with amazing people at Hendrick Motorsports who believe in me, especially Mr. and Mrs. Hendrick. We’ve accomplished some great things that we’re really proud of, but we have even bigger goals ahead. I’m excited to go after them with this team and this organization.”

Byron first signed with Hendrick Motorsports when he was 18.

He earned Cup Series rookie of the year honors in 2018 and has become a factor in the Cup Series championship with six straight playoff appearances, including back-to-back Championship 4 appearances in 2023 and 2024. Byrson is the only driver to win in Hendrick Motorsports’ iconic No. 24 Chevrolet other than Hall of Famer Jeff Gordon.

“William is the real deal,” Hendrick Motorsports owner Rick Hendrick said. “What makes him so special is that he combines natural ability with an unrivaled work ethic. You see it in the great ones — the drivers who could get by on talent alone but choose to outwork everyone anyway. That’s William. On top of it all, he’s a person of high character and embraces his role as a leader. We’re proud to have him in our lineup and look forward to many more wins together.”

Byron will race Sunday at the Coca-Cola 600, NASCAR’s longest race of the season.

Reporting by The Associated Press.

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What’s Happening?

Friday morning, Hendrick Motorsports confirmed that they have re-signed William Byron through at least the 2029 season. This means that the current HMS driver lineup is under contract through the 2026 season.

Subaru Motorsports USA came out swinging at the tough Oregon Trail Rally, putting both of its factory teams on the podium after a wild weekend of racing.

The crews battled through everything from slick tarmac stages at Portland International Raceway to punishing high-speed gravel, showing off what their WRX rally cars can do in the American Rally Association (ARA) championship.ARA championship leader Brandon Semenuk and co-driver Keaton Williams flat-out dominated in their Subaru WRX, taking first overall and the Open Four-Wheel Drive (O4WD) class win.Semenuk was pumped about the car’s handling all weekend. After tackling the rally’s famous punishing gravel on Saturday, he said the stages were “Tricky, fast stages but really fun,” adding that “Ending the day up Maryhill Road was so much fun.

That’s the best the car’s ever felt up there.” After sealing the deal on Sunday’s fast stages, Semenuk exclaimed, “Great weekend! Really happy with the car. Clean sweep on all the stages and a Power Stage win. Amazing.”Meanwhile, teammates Travis Pastrana and Rhianon Gelsomino had a stellar run in their new WRX ARA25L. In only their second event with this new car, they impressively snagged third overall and won the Limited Four-Wheel Drive (L4WD) class.Pastrana had commented early in the event about the team “working our hardest to do the best we can and have a lot of fun with this vehicle.” That effort clearly paid off.

A thrilled Pastrana later reported, “Third overall, first in class … This vehicle right here … absolutely awesome! So stoked to be able to drive it.”

Co-driver Rhianon Gelsomino shared his enthusiasm, noting they both loved the event and were already looking forward to the next round in Ohio.The strong performances in Oregon significantly boost both teams. Semenuk and Williams extended their lead in their quest for a potential fourth straight ARA championship, while Pastrana and Gelsomino quickly proved they were finding serious speed in their new L4WD entry.This big Oregon Trail Rally win gives both Subaru Motorsports USA crews a serious shot of confidence as the ARA championship heads east.

Next up is the Southern Ohio Forest Rally on June 12-14, and you can bet Subaru will be looking to keep their hot streak going.