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.”

Kimi Raikkonen has revealed he would like to contest August’s rally of Finland.

F1′s 2007 world champion returned from world rallying to grand prix racing this year.

“Of course I wanted to do better. But I’m not finished. I want to go back, whether for my career or after I don’t know,” the 32-year-old told Motorsport News, according to the official WRC website.

Earlier, Raikkonen admitted he had sidelined his rallying career for now in order to concentrate on F1. Before the 2011 season, Lotus’ (then Renault) regular driver Robert Kubica was seriously injured in a rally crash, and is still yet to return to the sport.

“I’d like to do rally Finland this season as it fits with the calendar but you’ll have to ask the team if it fits in my contract,” Raikkonen said.

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.

It is believed static electricity could have sparked Williams’ garage fire two weeks ago in Barcelona.

Even in the Monte Carlo paddock, the huge Spanish blaze was still a hot topic.

The British team and the FIA conducted investigations, but there has been no definite finding about the cause of the fire.

Germany’s Auto Motor und Sport reported suggestions simple static electricity, caused by the specific weather conditions and the fact a container was not grounded at the time, was the culprit.

Williams has scrambled to be ready for Monaco, but the only obvious sign of the fire on Wednesday was one missing mechanic, who is still recovering from burns.

“He’s on the road to recovery,” said co-owner Toto Wolff.

It is believed the mechanic was pumping fuel from one container to another when the fire started.

Wolff confirmed the static electricity theory.

“This is extremely rare. The weather may have played a role, as we had low pressure over Barcelona that day,” he explained.

Auto Motor und Sport said Williams lost mainly computers in the fire, but the crucial data survived. Of the team’s 150 radios, only 40 were intact.

Wolff said Bruno Senna’s chassis survived because of the partitions at the back of the main pit area.

“They are flame retardant,” he confirmed. “This meant the fire did not come beyond the back (area). The walls melted in the heat, but they didn’t burn.”

And financially, the Oxfordshire based team is completely undamaged, due to insurance.

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.

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.”

Flavio Briatore could be readying to burst back into formula one.

Germany’s Auto Motor und Sport said the ousted and formerly banned Italian is busily writing regulations for a ‘GP1′ championship.

They could be adopted should the FIA not sign up to the 2013 Concorde Agreement, according to the report.

Apparently, the political rumblings in F1 at present are not limited to the sport’s planned floatation, or Bernie Ecclestone’s spat with Mercedes.

Cost-control is also a buzzword. As reported recently, the vast majority of F1′s teams want the FIA to enshrine cost-cutting in the actual sporting regulations, even to the point of pushing for a once highly-controversial budget cap.

F1 chief executive Ecclestone, however, is not famously close with the FIA’s new president Jean Todt, and according to Auto Motor und Sport he is not convinced that the Paris federation needs to write and control the rules.

Enter Briatore. The German report said Ferrari will be a fan of the former Renault chief’s rumoured regulations, as they steer away from the premium on aerodynamics.

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.”

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.

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.

The oddest element of the 2012 season so far is that the unlikeliest of candidates could now be genuine title contenders.

Before the Spanish grand prix weekend, Pastor Maldonado was a commonly derided ‘pay driver’ with 500-1 odds of winning in Barcelona, and just a single point to his name in 2011.

Now, he is F1′s newest pole-getter and race victor, and genuinely regarded as a potential contender for the world championship.

And Dr Helmut Marko, the reigning world champion Red Bull’s motor racing manager, said: “If the Williams really has traction that good, then Maldonado will run rings around everyone in Monte Carlo,” he is quoted by Auto Motor und Sport.

Maldonado travelled straight from Spain to Caracus, where he was being quizzed by the local media as to his chances of a back-to-back victory repeat in Monaco next weekend.

“I think it’s going to be a great opportunity for us to be strong again,” he said.

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.”

F1′s season of confusion looks set to continue, with an uncertain weather forecast only adding to the uncertainty ahead of the Spanish grand prix.

The bizarre 2012 contest stepped into yet another gear on Saturday, with events unfolding to put the previously-derided pay driver Pastor Maldonado on pole, alongside the crisis-ridden Ferrari’s Fernando Alonso.

And the Pirelli tyre predicament, worsened on the challenging Circuit de Catalunya layout and under hot Spanish skies, will continue to confound teams on Sunday, with temperatures set to drop and rain clouds predicted to gather.

“I am telling you now, honestly,” said Red Bull’s Mark Webber. “We don’t have even the slightest idea who will benefit when it gets colder.”

The German magazine Auto Motor und Sport laid out the fascinating if bewildering situation as of Saturday in Spain: “Sebastian Vettel doesn’t know why his car suddenly lost grip in qualifying.

“Jenson Button has no idea why he couldn’t generate any tyre temperature on the 40 degrees track. Williams don’t know why Pastor Maldonado clocked the second fastest lap.

“Mercedes’ engineers had to admit they still don’t understand the Pirelli rubber.”

Acting team principal Bob Bell smiled tortuously: “If we did understand, we’d be on pole. But even Pirelli don’t know all the answers.”

Writing in O Estado de S.Paulo newspaper, Livio Oricchio estimated there are up to 12 candidates for victory.

“A grid of madness!” said former F1 driver Patrick Tambay on France’s RMC Sport. “And it’s not over yet.”

So, is Michael Schumacher – having sat out Q3 in order to save tyres for the race – now even more critical of Pirelli?

“I’ll leave it with what has already been said,” he insisted late on Saturday.

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.