Sergio Perez admitted to mixed feelings on Wednesday as he returned to Monaco.

The last time he was in the Principality to race – for his debut grand prix in the fabled Principality – he was hauled away in an ambulance, having been knocked unconscious in a huge qualifying crash.

“To me it’s unbelievable to be back here after such an accident,” the 22-year-old said on Wednesday, according to Germany’s Auto Motor und Sport.

Mexican Perez said Monaco is still his favourite track.

“It is definitely not a good feeling that the walls are so close, but we know the risks. It’s a special place.

“I can remember everything right up to the crash. The next thing I know was that I was on the way to hospital — I was unconscious for several minutes.

“After such an accident it is not easy to come back — I cannot say for sure how I will feel when I come out of the tunnel for the first time. But I think it will be completely out of my head.”

Perez said he really needed “four or five” races to recover from the heavy concussion, but that there was pressure from sponsors to come back as soon as possible.

“I wanted to get back into the car in Montreal, but it was impossible,” he recalled.

“In Valencia it was very difficult for me.”

Now, he is hoping for a very different Monaco weekend, after looking strong last year until his crash.

“Our goal must be the podium. I hope to find a good setup although we have recently had a little problem with the traction.

“We are so close to the top that every tenth can make a difference.

“After our second place in Malaysia, maybe the next step will be victory — I don’t know if we will succeed. But the opportunities are there,” said Perez.

A favourite for victory this weekend, Pastor Maldonado is reportedly lucky to be gearing up to race in the Principality at all.

Bild newspaper recalls that the Venezuelan, who defied his ‘pay driver’ critics by winning for Williams in Spain two weeks ago, was actually banned after an horror incident on the streets of Monte Carlo seven years ago.

Racing in the Renault World Series in 2005, the then 25-year-old ignored yellow flags before striking and severely injuring a marshal.

Organisers of the Monaco grand prix reacted by banning Maldonado from the street circuit for life.

Germany’s Bild revealed that Maldonado’s wealthy father intervened, promising to pay for the marshal’s recovery and rehabilitation from a broken back.

That intervention saved Maldonado’s future formula one career, as no team would hire a regular driver that cannot participate in the sport’s most famous race.

Maldonado is therefore a favourite for victory this weekend, with his Williams now acknowledged as arguably the best in the entire field when it comes to slow-speed traction.

And in his four seasons of GP2 between 2007 and 2010, Maldonado finished on the podium each time, winning and achieving pole position twice. In 2006, he won in Formula Renault.

Last year, in qualifying for his first Monaco grand prix, he qualified his then struggling Williams in eighth place, comfortably ahead of Rubens Barrichello.

“He is very good at Monaco,” agreed Barrichello.

In the 2011 race, Maldonado was fighting for fifth when he crashed with Lewis Hamilton.

“If the last sector in Barcelona is the marker, then the Williams will be unbeatable in Monte Carlo,” Germany’s Auto Motor und Sport quotes Dr Helmut Marko as saying.

The breakthrough success in Barcelona has piqued the interest of Maldonado’s native Venezuela, having not had an F1 points scorer since the ignominious Johnny Cecotto in 1983.

“My country will be following every second of the next race,” Maldonado is quoted by O Estado de S.Paulo newspaper.

“I love street circuits, this one in particular. My style of driving fits perfectly with Monaco. I am ready to get another great result.”

It is possible formula one teams will be limited to a budget cap in 2013, according to Germany’s Auto Motor und Sport.

The budget cap idea saw the sport almost implode amid the bitter political war of 2009, when proposed by controversial former FIA president Max Mosley.

But it is back on the agenda in 2012, and according to new rules – where a majority of teams can now push through a change – it could be imposed next season.

“Ten of the 12 teams are in favour,” Auto Motor und Sport said, referring to the push to have cost-cutting moved from the FOTA gentleman’s agreement to the actual sporting regulations.

It means that the two dissenting teams, the Red Bull-owned Red Bull Racing and Toro Rosso, will have no say.

“The cost to be competitive in formula one at present is too high,” the boss of the energy drink company’s premier team, Christian Horner, said recently. “I don’t think anybody will dispute that.

“The debate is how we achieve it.”

Not only that, the German report said nine teams are in favour of Mosley’s old budget cap idea, with annual expenditure limited initially to EUR 170 million and then diminishing to 100 million over a few seasons.

F1′s astonishing season continues to live up to the hype, as a fifth driver and constructor on Sunday won the fifth grand prix of 2012.

Not only is the victory Pastor Maldonado’s first, his walk up the steps at the Circuit de Catalunya was the first taste of the podium in his two-season F1 career.

It’s also the first Venezuelan triumph in the sport’s history, and a hugely popular victory for Williams, the once-great British team headed by Sir Frank Williams, whose 70th birthday was warmly celebrated in the paddock on Saturday.

“Boy did we need that,” said Williams on BBC television.

And asked how he feels on Sky television, he smiled: “Relief.”

“Some said Maldonado was a pay driver and he didn’t deserve his place in formula one but they’ll be eating their words now,” commented former team driver David Coulthard.

“That was a fantastic drive,” added Coulthard, referring to Williams’ first win since Juan Pablo Montoya in 2004.

Williams enthused: “I didn’t see him (Maldonado) make one single mistake.”

“You can’t really fault him,” agreed Williams’ 1996 world champion Damon Hill.

Amazingly, however, away from the champagne, Sebastian Vettel’s sixth place leaves him at the top of the drivers’ championship, and he is now neck-and-neck with Fernando Alonso, who finished second on Sunday in the improving Ferrari.

Lewis Hamilton, who finished dead last on Sunday and finished eighth, is third in the points classification, ahead of Lotus’ Kimi Raikkonen.

Finn Raikkonen finished third on Sunday, and is the favourite to become F1′s sixth different winner of 2012 in Monaco in a fortnight.

“We showed we still have the speed,” the Lotus driver said after the Spanish grand prix. “If we had a few more laps, we could have fought for a victory.”

Despite not topping a Friday timesheet in Barcelona, one specialist publication sees Lotus as the favourite for Spanish grand prix victory.

Germany’s Auto Motor und Sport said the ‘long run’ pace of the black and gold E20 was studied carefully after Barcelona practice.

“Kimi Raikkonen made a great impression on the critical soft tyres,” the report read.

“First, it (the field) is incredibly close. Second, Lotus could win its first grand prix here.”

If true, the former Renault team would become the fifth different winning constructor in the opening five races of the extraordinary 2012 season.

“Our biggest opponent for Sunday is not Red Bull,” an unnamed McLaren engineer is quoted as saying. “It’s Lotus.”

And another surprise pacesetter is Sauber. “Over 15 laps we were better than Red Bull,” team manager Beat Zehnder enthused.

“If everything goes right, we can be on the podium,” he is quoted by the Swiss newspaper Blick.

Agreed McLaren’s Jenson Button: “The Lotus, Sauber and Williams look very strong.”

But in reality, in F1′s new guise of 2012, no one knows what is going to happen on Saturday and Sunday.

“Lord knows what will happen here tomorrow,” wrote The Times’ Kevin Eason. “Well, perhaps He is the only one who does know what is going on — F1 hasn’t a clue.”

A third team has decided to join Red Bull in Abu Dhabi for the young drivers’ test.

Due to the calendar congestion at the end of this season, and also to cut costs, most teams have opted to drop the Abu Dhabi option in favour of testing young drivers in July, at Silverstone.

But Red Bull, and its second team Toro Rosso, are sticking with the original November plan, amid criticism July is too early to be assessing young drivers.

McLaren is now following suit.

“Our plan at McLaren at the moment is to test in Abu Dhabi,” said the British team’s sporting director Sam Michael, who said another factor against Silverstone is that teams are only half-way through their engine mileage allocations in July.

“Engines is a significant factor,” the Australian explained.

“If you want to test at the end of the year, you have so many part-mileage engines that all have a little bit of mileage on them so you can effectively do it for free, in terms of your race engines,” said Michael.

“If you try and do that in the middle of the year, you can’t use your race engines so you have to prepare a special test engine.”

Romain Grosjean is a potential grand prix winner.

That is the claim of the Frenchman’s first F1 teammate Fernando Alonso, who shared the Renault team with Grosjean in 2009.

The Enstone based team, however, was imploding amid the crashgate scandal, and Grosjean struggled to perform after being drafted in to replace the sacked Nelson Piquet.

He lost the drive at the end of the season and then found himself in the odd situation of farewelling his girlfriend, the French F1 presenter Marion Jolles, as she departed for a grand prix.

“She was there and I was home,” Grosjean is quoted as saying in Barcelona by the Gulf Daily News. “Honestly, I thought it was over and I would never come back to formula one.”

But, now as the new reigning GP2 champion, he is back in 2012 at the wheel of Lotus’ black and gold E20 — a car tipped by many as the favourite for victory this weekend.

Many naturally tip Grosjean’s famous teammate Kimi Raikkonen as the most likely winner, but Spaniard Alonso rates the Swiss-born 26-year-old as well.

“When his car was not so good he was criticised a lot,” Alonso told RMC Sport, “but when he has a good car he does very good results.

“He has won GP2 and has a fantastic career. He has talent and I’m happy he went onto the podium (in Bahrain).

“He can win a grand prix,” the Ferrari driver professed.

Kimi Raikkonen has admitted his failed negotiations with Williams ultimately turned out for the better.

When he decided to try to return to F1 this year, the 2007 world champion negotiated at length with Williams.

When those talks faltered, he turned to his second option, and quickly came to agreement with the former Renault team Lotus.

The Enstone based team has been the surprise of the 2012 season so far, and in Barcelona Finn Raikkonen is arguably the overall favourite.

He was asked by Turun Sanomat newspaper if the performance of Lotus, his only actual option for a race seat this year, has surprised him.

“Well, I had another option,” said the 32-year-old, referring to Williams.

“It’s hard to say what kind of results I would have had with Williams. They would have been pretty good as well but perhaps not quite as strong as we are doing now,” said Raikkonen, who finished second in Bahrain recently.

He said he has not been surprised.

“Last year (as Renault) they weren’t bad at the start of the season,” said the former Ferrari and McLaren driver.

“But they had decided to put the exhaust at the front of the car and were not then able to develop the way they needed.”

Kimi Raikkonen is not ruling out victory in Barcelona this weekend.

If he does succeed on Sunday, the Finn will become the fifth different driver, driving for a fifth different team, to win the fifth grand prix of 2012 — an almost unthinkable scenario for formula one.

Not only that, some believe that – despite McLaren, Ferrari, Mercedes and Red Bull having fielded the winning cars so far in 2012 – Lotus is actually the favourite in Barcelona.

Raikkonen and his teammate Romain Grosjean were both on the podium in Bahrain, and the black and gold E20 set the pace last week at the Mugello test.

“You would say now that the Lotus and the Red Bull are the cars to beat,” said Melbourne winner Jenson Button on Thursday.

Raikkonen, openly disappointed about his second place recently, hopes so.

“If everything goes smoothly then we can be up there,” he told reporters on Thursday.

He agrees that the car was a true pacesetter in Bahrain and Mugello.

“Let’s hope it works just as well if not better here,” Raikkonen, 32, told the Finnish broadcaster MTV3 at the Circuit de Catalunya.

“Then we will at least have the possibility of victory,” he added.

He does not, however, want to talk about the championship.

“It has happened before that I had the best car overall but was still not the champion,” said Raikkonen. “There are so many little things that have to go in the right direction for you (to win the title).

“It’s pointless to think about the championship. Let’s try to do our job well, and see if that’s enough,” the self-described ‘iceman’ added.

Mark Webber has denied signing with the Ferrari team for 2013.

Spanish media reports, indicating that a letter of intent may already have been written, said Fernando Alonso favours Australian Webber to replace the struggling Felipe Massa.

The reports also said Webber, 35 and with an expiring Red Bull contract, could be signed for a single season ahead of Sergio Perez joining in 2014.

“Sergio was flavour of the month last week for the Ferrari drive; now it’s me,” Webber said at the Mugello test on Tuesday.

“I’m focusing 100 per cent on this season and doing the best job for myself and Red Bull Racing. I’m not putting any energy into anything else.”

Italian-language reporters also quote Webber as saying: “There’s a whole season ahead of us before we need to think about the future.

“One day the talk is about Jenson (Button joining Ferrari), then it’s Sergio, now it’s me. I haven’t signed anything.”

“My focus is on this team (Red Bull); we’ve had a good start to the season, we’re only four races down and the road is very, very, very long before we start talking about the future.”

As for the closely-contested 2012 championship, Webber added: “The grid is very close together.

“Sebastian (Vettel) had a weekend without problems in Bahrain and won but he didn’t dominate, and that’s the same for everyone.

“No one will be dominant in the first half of the season, so to be third at the start of the European season is not bad,” he said.

Tuesday was a new experience for many F1 regulars; a rare in-season test on an unfamiliar track.

Some teams wanted the three-day session to take place at Barcelona, saving money ahead of the Spanish grand prix at the same venue, but Ferrari pushed hard – reportedly even waiving the circuit rental fees – for its circuit in Tuscany to get the nod.

The day did not start well weather-wise, but the spectators – reportedly 25,000, and visibly more than in Bahrain last weekend – came nonetheless.

“This is my first time here,” Sebastian Vettel, whose teammate Mark Webber kicked off proceedings for Red Bull on Tuesday, told Auto Motor und Sport.

Australian Webber, second fastest after the first morning behind crowd favourite Fernando Alonso, has been here before.

“I once did a sports car race here,” he said.

“It’s a bit too fast (for F1).”

Indeed, of the grand prix circuits, only Monza is faster. Nico Rosberg, in the Mercedes, gave Mugello a big thumbs up.

“1 to 10, I’d give it 8.5,” the German grinned.

It is an important test for Ferrari, but – contrary to earlier rumours – there is no ‘B’ car.

Alonso told La Gazzetta dello Sport that Mugello and then Barcelona next weekend will not make or break Ferrari’s championship.

“We need to catch up race after race,” said the Spaniard. “If we do poorly in Barcelona, it doesn’t mean our season is over.”

Emerson Fittipaldi, the successful Brazilian driver of the 70s, has tipped Jenson Button as a strong contender to match his own tally of two world championships come the end of the 2012 season.

“From what I can see, it will be between Jenson Button and Nico Rosberg. They are the big favourites,” the 65-year-old is quoted by Brazil’s Globo.

“Obviously, if Ferrari improves, then Fernando (Alonso) is spectacular. Lewis Hamilton is very aggressive, very fast, but I think Jenson is very clean, easier on his equipment and the tyres.

“I think this (season) is best suited to his (Button’s) style,” said Fittipaldi.

McLaren’s Button, however, is not so sure, pointing out the unusually closely-packed 2012 grid, and the big role being played by the Pirelli tyres.

“You don’t know who is going to be your main opponent on Sunday,” Auto Motor und Sport quotes the 2009 world champion as saying.

“It could be Red Bull, or Mercedes, or Ferrari, or Lotus or even Sauber,” he smiled. “So who do you focus on for the strategy?”

This weekend, F1 will find out whether the hot track temperatures in Bahrain will reshuffle the order. Button laughed when asked if it means McLaren will pull ahead of Mercedes this weekend: “We hope so, but we don’t know!”

Michael Schumacher, whose career stretches all the way back to 1991, said 2012 is the “closest season I’ve experienced”.

As for what happened in China, where his Mercedes teammate Nico Rosberg won from pole for the first time, the German admitted: “I really didn’t think that would happen.”

It is for that reason that Button warned against writing off F1′s reigning champions, Red Bull and Sebastian Vettel.

Vettel said he is not expecting “miracles” in Bahrain, but he also said: “We still haven’t seen a team that is clearly above all the others.

“Maybe McLaren is the most consistent, but they didn’t do what you expected them to do in Shanghai …”

Sahara Force India looks ahead to the third round of the 2012 season in Shanghai, China. To download the full PDF preview or the media schedule for the weekend, please click on the links below.

Vijay’s Vision

After two races the 2012 season appears to have all the ingredients needed to serve up a spectacular year of racing. Already the fans have enjoyed two thrilling races and the intensity of the competition across the grid is sure to capture everybody’s attention.

I said last year that the competition in the midfield was close, but this year it seems to be even more so with the majority of the grid capable of fighting for points. It’s a good situation for Formula One, but it also means points are harder to come by. It’s encouraging that we have scored points in both races and that will be our aim once again in China.

I have to congratulate Paul and Nico on their excellent drives in Malaysia. They are only in their second full seasons of Formula One, but they both showed their maturity in the difficult conditions. At times Paul was one of the fastest cars on the circuit, excelling in the conditions, and it’s clear that we can expect another strong season from him. I was also delighted to see Nico pick up his first points with us after such a strong showing.

In terms of car development, the factory at Silverstone continues to work at full capacity to improve our performance. The first two races have given us a great deal of information to work with and we will put it to good use in the coming races.

Dr. Vijay Mallya

Paul on Shanghai
Following points finishes in the first couple of races, Paul Di Resta sets his sights on more of the same in Shanghai this weekend.

Paul, you must be pretty happy with your start to the season…
I think the whole team is pleased to have nine points on the board after two races and it was important that we picked up some good points on such an unpredictable day in Malaysia. We’ve seen how close all the teams are this year and getting points isn’t easy, so it feels good to start as we mean to continue.

Do you enjoy visiting China and experiencing the different culture?
China is a great place and Shanghai is a city I enjoy visiting. It’s such a big place, there is a lot to see and I enjoy it even more each time I go there.

Tell us about the track…
It has some unusual features. Turn one is very long and feels like it goes on forever. The key to getting it right is how much entry speed you can carry into the corner. You also have to look out for one of the biggest bumps of the year at the corner entry, which makes it difficult.

And what about the overtaking opportunities?
The best chance is turn one or into the very tight hairpin of turn 14, which widens on the entry and makes it difficult to defend. We also saw the effectiveness of DRS last year, which helped produce some good racing and it should be the same this year.

Nico on Shanghai
Nico Hulkenberg looks ahead to racing in Shanghai following his points finish in Malaysia.

Nico, after the disappointment of Melbourne, you finally got some racing miles under your belt in Sepang…
Yes, I’m happy with the race we had in Malaysia, which was basically the first proper race I have done since the end of 2010. It wasn’t an easy race and I was never in any clean air, but it was good to pick up a couple of points – my first points for the team.

Did you learn much about the car given that the conditions were so changeable in Sepang?
You always learn something and a race distance is always valuable for your knowledge of the car, even racing in the wet. The most difficult part of the race was just after the restart when I struggled for balance on the wets and intermediates, but when I switched to slicks the performance was pretty good.

Does the team have a better idea of the pecking order yet?
We’re only at the start of the season – we’ve only had two race weekends, so we still need to wait and see. Because the midfield is so compact nobody can afford to relax. We all need to push hard to improve performance and with 18 races still to go there’s plenty of time to do that.

What are your thoughts ahead of this weekend’s race in China?
It’s not my favourite race of the year, but they’ve done a good job to build a really impressive facility and it’s a fun track to drive. It’s difficult to predict how well we will do there, but given how close the grid is at the moment I think it should be a good show for everyone who is watching.

Amid France’s push to return to the F1 calendar, it appears Magny Cours is not yet out of the game.

Prime minister Francois Fillon, however, has earmarked Paul Ricard – the well-known test circuit at Le Castallet near Marseille – as the host.

But it was Magny Cours that hosted the French grand prix between 1991 and 2008.

The local Nievre department’s president Patrice Joly last week accused Fillon of “bias in favour of Le Castellet” for the 2013 deal.

He said Magny Cours has “all the facilities, infrastructure and expertise needed to organise such an event”.

Championing Magny Cours’ renewed push to host the 2013 French grand prix is Guy Ligier, the now 81-year-old Frenchman who once had his own formula one team based at the circuit.

“I am trying to lend a hand,” he confirmed to the sports daily L’Equipe.

“I have had Bernie (Ecclestone) on the phone several times, as a friend, and have asked for his advice. We talked about the hotel business around (Magny Cours).

“He said to me, ‘Guy, I know you’re in the know.’

“I have a feeling that Bernie is not going to sign anything before he knows the outcome of the presidential election.

“I’ll tell you honestly what I feel: nothing is lost for Magny Cours,” added Ligier.

Rubens Barrichello has advised his friend and countryman Felipe Massa to remember to enjoy his job, amid rumours the Brazilian is speeding towards the exit at Ferrari.

Speculation is rife that amid his apparently worsening performance slump, Massa will be replaced by the famous Italian team — perhaps as soon as within the 2012 season.

F1 veteran Barrichello, who has switched to Indycar this year after losing his Williams seat, told Brazil’s Globo Esporte that he thinks Massa’s problem is psychological.

“It’s not a speed problem,” he said, “it’s something that he needs to solve within himself.

“He has to close his eyes and enjoy, remembering that he does this because he likes it.

“Every time that I lost a little bit, it was because I had forgotten that I did it because I liked to. So we (drivers) have to relax and improve that way.

“(For Massa) it is just a moment, and every moment and race in formula one is a cycle of life.”

Barrichello’s advice for Massa may be particularly relevant, as he was at Ferrari during Michael Schumacher’s ultra-successful reign last decade.

Now, it is Fernando Alonso who is the Maranello team’s favoured son.

“Of course Ferrari loves Alonso, because he is one of the best, if not the best who is there (in F1) now,” said Barrichello, 39.

“So, it’s tough for Felipe.”

Barrichello also laughed at the results of a recent fans’ poll in the Italian media that showed he would be a highly popular choice as Massa’s replacement.

“It was very unexpected,” he said. “Maybe it was a way (for journalists) to see if Italians would pick an Italian driver, and suddenly I win.

“It is a very public business and shows that I must have left something behind,” added the winner of 11 grands prix.