As the roulette wheel spins in 2012, Nico Hulkenberg has admitted he finds himself without a chip on the board.

McLaren, Ferrari, Mercedes, Red Bull and Williams have already won so far this season, whilst Lotus and Sauber have shown genuinely winning pace.

The three backmarkers aside, that leaves just Force India and Toro Rosso as perhaps the only teams without genuine chances of victory so far this year.

“According to our measurements, Williams and Sauber were the fastest cars in Barcelona. They must now be counted among the top teams,” said Force India driver Hulkenberg.

It’s a disappointing situation for the Silverstone based team, a distant eighth in the championship.

“We have definitely improved, especially in traction, but in the fast corners Sauber and Williams are better than us,” Hulkenberg acknowledged to Auto Motor und Sport.

The German admitted Force India has a few tenths to find.

“We have no choice but to develop, because we are behind,” said Hulkenberg. “It’s important to find a good balance between improving the car and understanding it.”

Force India’s 2012 goal, fifth in the constructors’, seems a long way away.

That place is currently occupied by Shanghai winner Mercedes, who are flanked by Malaysia and Spain winners respectively, Ferrari and Williams.

“It is still possible,” Hulkenberg insisted, “although difficult, because the others are still going to be getting points.”

Money could be at the heart of the delay in Lewis Hamilton’s re-signing with the McLaren team.

Until now, the British team has indicated it wants the 2008 world champion to stay on board, while 27-year-old Hamilton insists he has no plans to leave and will turn his attention to the 2013 contract soon.

But according to Blick newspaper, McLaren is pushing to cut Hamilton’s existing contract retainer “in half” to “about EUR 10 million”.

The Swiss report said the driver is unimpressed with the negotiations so far, but at least Hamilton’s mood has improved tenfold compared with his calamitous 2011.

It is a full year since Hamilton raged about his “frickin ridiculous” track rivals in the 2011 Monaco grand prix, when he also half-seriously suggested that the stewards were targeting him “because I’m black”.

He is back on top form this season, but still yet to win a race, arguably mainly due to McLaren’s numerous team mistakes.

Reports have suggested boss Martin Whitmarsh, who insists Hamilton “deserves” to win this weekend in Monaco, is worried the mistakes might drive the highly rated racer away.

On Wednesday, however, Hamilton denied he is frustrated.

“I’m not, no. This is the way racing goes sometimes,” he insisted.

“I could easily get frustrated because I could have a healthy lead in the championship — but that’s not the case.

“I don’t want to speak too early but something has definitely changed. Whatever I’m doing is working,” he told British reporters.

“In life, things just seem a lot better and that’s enabling me to get on with my job without having any baggage.”

Heikki Kovalainen is looking for Caterham to move into the midfield, according to his new management company.

Having handled his own career in the wake of Flavio Briatore’s demise, Finn Kovalainen recently signed up with IMG, the sports and entertainment management giant.

The 30-year-old has rebuilt his reputation since 2010 in the wake of mixed tenures for top teams Renault and McLaren.

According to IMG Motorsport’s head of clients Martin Anayi, Kovalainen is now regarded by formula one team bosses up and down pitlane as among the top best drivers.

“He is a great guy,” Anayi is quoted by Finland’s Turun Sanomat newspaper.

“Heikki’s potential is obvious and he definitely wants to succeed.”

There have been rumblings in the paddock that Kovalainen is disappointed that, despite being consistently the best of F1′s new teams since 2010, Caterham is yet to break into the midfield.

“This is only the team’s third season, so there are still some growing paints,” IMG’s Anayi acknowledged.

“Heikki has a strong desire to compete, and not just with his teammate Vitaly Petrov. The team’s boss Tony Fernandes wants to get in with the middle group.

“This means that the team needs to regularly get into the Q2 stage of qualifying and in the race be aiming for the points,” he insisted.

Red Bull is lamenting the limited role that can be played in 2012 by F1′s aerodynamic genius Adrian Newey.

For the past few years, the energy drink owned team has enjoyed its dominance largely because of the airflow magic wrought by Briton Newey.

But in 2012, with reigning back to back world champion Sebastian Vettel just one of the five different winners so far, Pirelli rubber is king.

“I doubt Williams really know why they were so strong,” team boss Christian Horner, referring to Pastor Maldonado’s shock Barcelona pole and win last weekend, is quoted by Germany’s Auto Motor und Sport.

Horner insisted that, rather than the winner being the team with the best overall package at each race, success this season is about “understanding the characteristics of the tyre and the window in which they work”.

“It’s not that the midfield teams have made a quantum leap aerodynamically from last year to this year,” Horner insisted. “But from a performance point of view, this is what they have done.”

The logical conclusion is that aerodynamic cleverness has taken a back seat.

So will Red Bull knock a million or two off Newey’s huge annual retainer?

Horner laughed. “Adrian is not just an aerodynamicist, and aerodynamics are still important anyway. But now it’s about harmonising everything, and these tyres are simply remarkably complex.

“Two races ago Nico Rosberg dominated, but in Spain he was almost lapped. It is very difficult to predict what’s going to happen next — a nightmare for the bookmakers,” he smiled. “A lottery.”

The situation has split F1 into two camps: those who love it, and those who do not.

“It has become like a GP2 championship,” Maldonado, the junior category’s 2010 champion, is quoted by The National newspaper.

“The drivers can make the difference and the teams can still work on the strategy and the car.”

The bizarre situation has left everyone scratching their heads, like Jenson Button.

He can scarcely believe that what looked a championship car – his 2012 McLaren – was beaten in Spain by Shanghai winner Nico Rosberg, who was almost lapped.

“The Red Bulls did a better job at the weekend than us in terms of points, but still they weren’t quick when you compare them to Williams, Sauber, Lotus and Ferrari,” he told PA Sport.

“Five different teams winning five different races, we really don’t know what’s going on, and I think that’s the same up and down the pitlane.”

Charlie Whiting has defended the decision in Spain to move Lewis Hamilton from pole to the very rear of the grid.

Although McLaren was widely criticised for making a grave error, the stewards’ penalty was at the same time described by the world’s press as “draconian”.

“Quite frankly I did not expect the penalty that we received,” said McLaren team boss Martin Whitmarsh.

Indeed, given that McLaren’s fuel indiscretion occurred only in the decisive Q3, why not simply delete Hamilton’s Q3 laptimes, thereby putting the Briton mid-grid for the race?

“We had no room to move,” Whiting, the FIA’s race director, responded to Germany’s Auto Motor und Sport when told that Hamilton’s penalty seemed too severe.

“If there is a violation, it applies to the whole session, not just part of it,” he insisted. “Qualifying begins with Q1.”

Whiting explained that if Hamilton had only lost his Q3 time, a precedent would have been set tempting teams to risk not being checked for the mandatory 1 litre fuel sample in post-qualifying scrutineering.

Auto Motor und Sport said only one or two fuel samples are actually checked after qualifying at grands prix.

Competitors could, therefore, genuinely “run the risk” of using less fuel than is allowed in Q3, if the penalty for being caught is relatively light, Whiting argued.

He recalled last year’s German grand prix, when Sebastien Buemi was sent to the back of the grid because his fuel sample showed irregularities.

As it was not possible to check if the illegal fuel had also been used in Q1 and Q2, the Toro Rosso driver had to be disqualified from qualifying, Whiting argued.

Martin Whitmarsh is sure McLaren’s recent errors will not affect contract negotiations with Lewis Hamilton.

The British team’s latest mistake not only cost Lewis Hamilton pole in Spain, it put the 2008 world champion to the very back of the grid.

Asked if he worries that the now seemingly constant flow of team gaffes will damage McLaren’s efforts to re-sign Hamilton, Whitmarsh insisted: “No, I don’t.

“He has got to build the support of the team, he has got to feel comfortable doing it, he has got to want to drive and he is in good shape,” British newspapers quote the McLaren team principal as saying.

“I look forward to working with him for a long time to come.”

But Whitmarsh admitted that, given Hamilton’s tumultuous 2011 season, he was worried the British driver might have despaired last Saturday when the team’s refuelling mistake cost the 27-year-old pole.

“I was concerned,” he said, “because it is a pretty tough thing to happen to a driver.

“But I have to say he showed some greatness I had not seen before. By the end of our chat he was consoling me.

“The relationship between Lewis and the team is stronger and better and hopefully we will work together for a long time,” added Whitmarsh.

Five races in, F1′s cleverest brains are still yet to decode the mystery of the bizarre and fascinating 2012 season.

As was the case when he utterly dominated last year, Sebastian Vettel is still leading the drivers’ points chase.

But, before last weekend, if he had been told that Williams’ Pastor Maldonado would be the winner of the Spanish grand prix, the German admitted: “Well, I would have put a lot of money on them!

“I think the odds weren’t bad,” he smiled.

Indeed, the major British bookmaker William Hill was taking bets at 500-1 prior to the Barcelona weekend.

A spokesman confirmed that only two bets at 10 pounds or above were placed on Maldonado prior to qualifying.

“I’m sure Williams don’t understand why they just won the race here,” McLaren’s Jenson Button is quoted by the Guardian newspaper.

But the previously-derided ‘pay driver’ Maldonado is not the only potential new winner in 2012, after Jenson Button, Fernando Alonso, Nico Rosberg and Vettel won the opening four grands prix.

A detailed look at F1′s specialist reporting in the past few weeks shows that Lewis Hamilton, Mark Webber, Kimi Raikkonen, Romain Grosjean, Michael Schumacher, Sergio Perez and Kamui Kobayashi are all also widely regarded as genuine victory candidates in 2012.

And given that their teammates have won grands prix this season, even the struggling Felipe Massa and Bruno Senna should be added to that list.

“Dammit, let’s go for (HRT’s) Karthikeyan!” wrote Chris Hockley in the Sun newspaper.

“It’s really quite crazy right now,” Vettel, who despite his young age would count himself among F1′s currently perplexed purists, told Germany’s Auto Motor und Sport.

“What’s happening is difficult for us to explain,” he added.

The situation has split the F1 audience, with the purists shaking their heads, and others marvelling at the unprecedented spectacle.

“The spectacle has taken over the sport,” said the Paris daily Le Figaro.

“Even the teams can’t be sure who will be the hare and who will be the tortoise at any given track,” wrote Hockley.

Alonso, who is the joint championship leader, is in the purists’ camp.

“Of course it is attractive for the spectators that we are going to Monaco not knowing if we will fight for victory or be left out of the points,” he is quoted by El Pais.

“But in a way, after eleven years in formula one and now I’m at Ferrari, I would like to have more stability,” the Spaniard admitted.

Sir Jackie Stewart said: “What’s going on is unbelievable, which I think is the outcome of the new rules, new tyres — I think it’s many factors,” he told the Spanish sports daily AS.

“What’s happening,” said Maldonado’s race engineer Xevi Pujolar, “is that these tyres are allowing teams who do not have the biggest budgets to be eligible for really good results.

“The reason is that the most important thing now is to have a good setup and also some luck with the temperature.”

Pirelli, F1′s tyre maker, has received both criticism and praise for its huge role.

“Pirelli have been both bold and brave,” Sun journalist Hockley said. “It can’t be easy for a manufacturer to make tyres that sometimes wear out faster than you can say Mercedes.”

Marco Tronchetti Provera, the Italian marque’s company chief, is unapologetic.

“What we have provided is what the teams have asked for, and it was not easy,” Italian language reports quote him saying. “Our engineers have done an extraordinary thing.”

Two days after winning in Spain, Williams is scrambling to put together the equipment it needs to contest next weekend’s Monaco grand prix.

Mere hours after Pastor Maldonado secured the once-great British team’s first victory since 2004, a huge fire broke out in the pits, leaving one team member still in a Barcelona hospital with burns.

“His family are in constant communication and he is in good spirits,” Williams said in a media statement.

The Oxfordshire based team is now making efforts to ensure it can race in Monte Carlo, having lost a lot of equipment in the fire.

Mercifully, however, Bruno Senna’s car appears to have survived, with the Finnish broadcaster MTV3 saying an initial inspection of the chassis showed no devastating damage.

Maldonado’s winning car was in parc ferme at the time of the incident.

“We had a lot of damage and lost a lot of equipment, including IT equipment,” chief operations engineer Mark Gillan said, according to the Daily Mail.

“Over the next couple of days we will be looking at where we are parts-wise.

“We will have everything we need to run operationally at Monaco, but we may be missing a few of the extras because obviously we don’t carry a complete set of spares for everything,” he said.

It is believed more than one rival team has offered to help Williams by loaning the Sir Frank Williams-led outfit any equipment it needs.

A McLaren spokesman confirmed the Woking based team has offered to help.

Germany’s Bild newspaper said Williams’ damage bill runs into the millions.

Team manager Dickie Stanford denied a rumour the fire was caused by a cigarette in the vicinity of Senna’s fuel tank while it was being emptied.

“We don’t know the cause, but we would never allow smoking in the pits,” he insisted.

Williams and F1′s governing FIA are investigating.

The penalty might be harsh, but the loss of Lewis Hamilton’s pole in Spain is just the latest calamitous mistake by McLaren.

That was the tone of the paddock’s reaction to the news late on Saturday that a McLaren gaffe saw the FIA send Hamilton from first to last on the Spanish grand prix grid.

The Sun newspaper called it a draconian “24-place grid penalty” imposed by the FIA after an “astonishing cock-up” by McLaren.

Hamilton was told on the radio to pull over after his pole lap due to a “technical problem”.

Sporting director Sam Michael argued ‘force majeure’, but the stewards ruled that it had been entirely McLaren’s fault that not enough fuel was put into Hamilton’s car to ensure a scrutineering fuel sample.

Writing in the Telegraph, Tom Cary said the severity of the disqualification “raised eyebrows”, but agreed that “McLaren’s mistake was horrendous”.

He said it has been “a season of errors” by the famous British team, who are yet to get Hamilton’s signature on a new contract beyond 2012.

“Hamilton must be seething,” read an article in the Daily Mail newspaper, while The Times laid out McLaren’s “catalogue of errors”.

27-year-old Hamilton’s “raw talent is being thwarted by mishap and cock-up,” said journalist Kevin Eason.

“McLaren are lovely people but how the hell do they get themselves in this position?” wrote the Mirror’s Byron Young on Twitter.

Even the non-English language media agreed.

“It was another great mistake by McLaren that could eventually cost Hamilton the championship,” wrote Livio Oricchio in O Estado de S.Paulo.

Italy’s La Stampa called McLaren’s fuel gaffe a case of “harakiri”.

Germany’s Auto Motor und Sport added: “It was error number 13 for McLaren since last year”.

While highly critical of McLaren’s own-goal, however, the feeling in the paddock is that the stewards’ penalty – although accepted by McLaren – was overly harsh.

“Back of the grid? Way, way too harsh”, said the Mirror’s Young on Twitter.

“Draconian penalty in my view,” agreed PA Sport’s Ian Parkes. “Dropping Q3 time would have sufficed.”

Sky commentator Martin Brundle added: “(I) feel they should have deleted that (Q3) laptime only which would have put him sixth”.

And excluding Hamilton from Q3 altogether would have put him 11th. Now, he will be “lucky to score a point”, Auto Motor und Sport predicted.

In the Independent, however, David Tremayne noted: “Welcome to the draconian world of F1.”

David Croft, the lead Sky commentator, said the FIA stewards had acted correctly.

“A good rule should be one that covers all eventualities with a penalty that acts as a deterrent which in this case is what happened.

“Too little fuel can’t be tolerated,” he added. “It seems harsh but had Lewis taken pole by one thousandth of a second, would it be harsh then?”

The Spanish fans – not Hamilton’s biggest supporters dating back to his spats with Fernando Alonso in 2007 – were happy.

Asked on the El Mundo website whether the penalty was fair, 76 per cent answered yes.

Bernie Ecclestone claims he is close to reaching an agreement with Mercedes over the future of the German marque’s involvement in formula one.

The parties have been at loggerheads over the F1 chief executive’s refusal to offer to Mercedes the same Concorde Agreement deal reached with other top teams Ferrari, McLaren and Red Bull.

In response, it has been suggested not only that the situation threatened the sport’s floatation plans, but that Mercedes could sensationally quit F1 at the end of this year.

“We are now 80 per cent there,” Ecclestone told the German newspaper Bild am Sonntag in Barcelona.

“The other 20 per cent, we will get there soon,” he added.

“We have spoken with several Mercedes managers. I am sure we will see more of Mercedes in formula one.”

Bild said the deal being discussed between Ecclestone and the Stuttgart based carmaker will see Mercedes in F1 at least through 2020.

Norbert Haug, however, sounded surprised.

“I have to apologise, but we don’t want to give any information at the moment about the state of the negotiations,” Mercedes’ motor racing vice-president insisted.

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.”

Top teams McLaren and Red Bull have questioned whether F1 should have tested last week.

Since the sport clamped down hard on private testing for cost reasons some years ago, there remained many in the paddock – notably Ferrari – who argued that at least some in-season testing should still take place.

So, for 2012, it was agreed that Mugello would host a three-day session in between the Bahrain and Spanish grands prix.

Every team except HRT attended.

But there were rumblings that not everyone was happy. McLaren, in fact, did not even send its race drivers Jenson Button and Lewis Hamilton to Tuscany.

Then, on Friday in Spain, the British team’s regular duo was busily testing in official practice, fielding extravagant sensors and experimental components.

“We would have had a very similar programme whether we went to Mugello or not,” said sporting director Sam Michael.

“All the teams are geared up to not have testing, to not having test teams and that means we’re equipped and do our planning to do all of that work on Friday.

“I think the (Mugello) test itself, personally, I think you could do without it,” Michael continued. “I think it’s a lot of energy and expense during the season that we probably don’t need.

“Of course McLaren will gain a lot out of that test but formula one is all relative, so all we really did was spend a load of money.”

Red Bull’s technical boss Adrian Newey agreed.

“I think we learnt the pasta in Italy is still the best in the world and that’s about it really,” he said when asked about the Mugello test.

“I’d agree with what Sam says. To me, yes you go to the test because it’s available. We all spent money but the value of in-season testing has to be questionable.”

Lotus is the “biggest surprise” of the 2012 season so far, Red Bull’s team owner Dietrich Mateschitz has admitted.

In an interview with Austria’s Salzburger Nachrichten newspaper, the billionaire mogul was mildly critical of the “lottery” that is this year’s championship, with Pirelli’s unpredictable tyres setting the scene.

“That is going to continue,” Mateschitz said.

“Then it will gradually turn into a duel between McLaren and Red Bull Racing,” he predicted.

“Mercedes are still not able to keep doing in the race what they are doing in qualifying. So we are not convinced of their F-duct (double DRS) system and we won’t try to copy it.

“Ferrari needs to try the hardest to catch up. And Lotus are the big surprise for me,” he insisted.

Lewis Hamilton on Friday was told he was lucky to escape penalty in Bahrain.

Nico Rosberg’s defensive driving got the lion’s share of the media attention three weeks ago, but in fact it was Hamilton’s pass on the Mercedes that was a more contentious topic during Friday’s drivers’ briefing in Barcelona.

Germany’s Auto Motor und Sport reported that the topic was discussed between the drivers and the FIA’s Charlie Whiting for no less than fifty minutes.

“In the end, it was resolved that Rosberg did nothing wrong. Lewis Hamilton was (unofficially) reprimanded.

“Charlie Whiting said the McLaren driver was lucky not to have been punished.”

The report said Whiting warned the drivers that similar cases, in which passes are made with four wheels off the circuit, will be penalised.