Drake loses more than $320K on Formula 1 Spanish Grand Prix bet
Rapper Drake has lost more than $320K after he bet that Formula 1 driver Charles Leclerc would win the Spanish Grand Prix.
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An F1 payday for Drake was not part of God’s Plan.
The Canadian rapper lost more than $230,000 ($A 324,700) when he bet that Formula 1 driver Charles Leclerc would win the Spanish Grand Prix, Page Six reports.
The Ferrari ace, who was leading the world championship when Drizzy placed the bet, lost the lead Sunday afternoon after suffering an engine failure.
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Red Bull’s Max Verstappen took victory in Barcelona, along with the lead of the championship over Leclerc.
“First F1 bet, let’s see how it goes,” the Money In The Grave hit maker wrote on his Instagram Story, revealing he bet $300k Canadian dollars ($A 330,600) with cryptocurrency betting platform, Stake.
Despite starting from first place on the grid and maintaining a convincing lead for the first 27 laps of the Grand Prix, which was held at Circuit de Barcelona-Catalunya in Spain, power unit issues saw Leclerc fail to finish the race.
Drake is reportedly pals with seven-time world champion, Lewis Hamilton, who moved up to fifth in the Grand Prix after suffering a first-lap clash with Haas driver, Kevin Magnussen.
While this was the fist time the Nice For What chart-topper, 35, bet on a F1 race, he inspired Canadian driver Nicholas Latifi to use number six as his permanent racing number.
“Toronto is widely referred to as ‘The 6,’ which is partly down to Drake, who’s also from Toronto,” Latifi said in 2020.
“He mentions the name in one of his early songs, and one of his albums was originally called ‘Views from the 6’.”
While Drake may not have the best luck when it comes to Formula 1 gambling, he recently pocketed $300,000 ($A 423,400) in profit after betting that the Los Angeles Rams would defeat the Cincinnati Bengals in the Super Bowl.
The rapper put down $1.3 million ($A 1.8 million) worth of bitcoin using Stake, also betting that his friend, Rams wideout Odell Beckham Jr, would score a touchdown.
This article originally appeared in Page Six and was reproduced with permission.
Originally published as Drake loses more than $320K on Formula 1 Spanish Grand Prix bet
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