
Formula 1: Will 15 or more drivers complete the 2022 Miami Grand Prix?
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From PolymarketAbout this market
ContextThe 2022 Miami Grand Prix is a Formula One motor race that will be held on May 8, 2022, at the Miami International Autodrome in Miami Gardens, Florida, USA. It is the first edition of the Miami Grand Prix and the fifth round of the 2022 Formula One World Championship. This market will resolve to "Yes" if 15 or more drivers are classified at the finish of the 2022 Miami GP main race and to "No" otherwise. Please note, that drivers which are disqualified or have covered less than 90% of the number of laps covered by the winner (rounded down to the nearest whole number of laps), will not be classified. This market will resolve based on the official classification published after the race at https://www.formula1.com/en/results.html/2022/races/1110/miami/race-result.html. The number of drivers with classified positions will count in this market. If for any reason the 2022 Miami Grand Prix is rescheduled to a date after May 15, 2022, this market will resolve 50-50.
How trading works
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.