Motorsport mayhem
Another classic example of the complexities, but opportunities, presented in motor-sports markets.
These markets are often difficult to price at the best of times. It gets even more fun when the stewards get involved. Objections, scrutiny, obscure or not so obscure rules, changes, or breaches thereof.
After a blinding lap delivered Lewis Hamilton pole position for the start of the Spanish grand prix. Now a failure to adhere to the rules on his qualifying run down lap relegated him right to the back of the grid.
As a result 1.70 to win the race has been turned over, even before it has started. Motor sport, don’t you love it!
Category: Motor sport