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.”

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.”

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.

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.

Martin Brundle has described Red Bull’s lack of pace as the biggest surprise of the 2012 season so far.

After consecutive world championships with Sebastian Vettel, the energy drink-owned team was universally tipped as the pre-season favourite for yet another F1 title.

But McLaren dominated in Australia before Ferrari and Sauber surprisingly set the pace recently in Malaysia.

Former F1 driver Brundle admitted the struggling RB8 was the surprise of the opening salvo in 2012, but he also acknowledged that the turnaround might have been predicted.

“When you look at how the regulations have changed, it’s almost like they were designed to slow the Red Bulls down,” the Sky television commentator told the website of the BBC programme Top Gear.

“Doubling the torsional stiffness of the front wings, the way Red Bull were ‘flying’ their car down the track with lots of rake, nose close to the ground, exhausts helping to sort the high rear ride height out, it’s all been taken away from them,” added Brundle.

An unnamed engineer at Red Bull has admitted the team was caught on the hop in the winter pre-season, when it became clear McLaren was better prepared for the new rules.

“McLaren came with a (exhaust) system on the edge of legality,” the engineer told Germany’s Auto Bild, “and it was declared legal by the FIA.

“So (Adrian) Newey had to adapt,” he added, referring to Red Bull’s last-minute decision to change tack at the very end of the pre-season test period.

The message coming from the Milton Keynes based team, therefore, is that Red Bull is playing catch-up.

“We need to understand the car better,” admits team advisor Dr Helmut Marko, “which is why for the next race (in China) we will have hardly any new parts.”

So until he’s back at the front, F1′s formerly-dominant Vettel – who lashed out at backmarker Narain Karthikeyan recently in Malaysia – needs to adapt.

Asked if the German was justified in calling his Indian rival an “idiot”, Brundle insisted: “No.

“That’s just an angry man who hasn’t got a front-running car at the moment. He’s just frustrated.”

 Fernando Alonso is F1′s ‘driver of the decade’, according to Pedro de la Rosa.
The HRT driver said that, in his opinion, his Spanish countryman has been even better in F1′s modern history than Michael Schumacher, who won every world championship between 2000 and 2004.

Alonso, now at Ferrari, won his titles with Renault in 2005 and 2006.

De la Rosa told Mundo Deportivo: “I think Fernando was the best of the decade, over Michael.

“Why? Because no matter what the rules, he was always on top; with grooved tyres, with slicks, with blown diffusers, with double diffusers, with Pirelli, Bridgestone, Michelin …

“If you look at it, he is the most complete.”

As for the 2012 contest, however, de la Rosa has another favourite. Asked to pick this season’s champion, he hesitated before answering: “I think (Lewis) Hamilton.”

Argentina is close to returning to the formula one calendar, the president of South America’s second-largest country has revealed.
EFE news agency quotes Cristina Fernandez de Kirchner as saying it is likely an Argentine grand prix, last held at the ageing Autodromo Oscar Alfredo Galvez in Buenos Aires in 1998, will take place in November or December 2013.

She said next year’s race would take place on the streets of the coastal city of Mar del Plata.

“For us this is very important,” she said, “because after football, motor racing is the second favourite sport of Argentina.”

Fernandez said the deal would be initially “for three years, in 2013, 2014 and 2015″.

Jenson Button is an outright favourite for the 2012 title, according to former F1 driver Mika Salo.
The Finn, Salo, will be a regular in the paddock this season with the MTV3 broadcaster, except for this weekend’s season opener for which he is detained to test last year’s Ferrari at Suzuka.

Asked however in a pre-season interview to name some likely challengers to Sebastian Vettel’s crown, the 45-year-old answered: “Jenson Button is not necessarily the quickest driver, but he is able to collect points consistently.

“I would not previously have put him as a favourite, but when Hamilton had his personal problems, Button was immediately on the case.”

Behind Vettel and Button, Salo predicts Hamilton and Mercedes’ Nico Rosberg to be on the favourites’ heels.

“It will depend on Hamilton, and whether or not he splits with his girlfriend every other weekend.

“Nico will be strong, if he has a good car. Webber, I think, is a bit past it, especially if Red Bull is no longer as dominant as they have been,” he added.