Jean-Eric Vergne will race formula one veteran Jean Alesi’s helmet design this weekend in Monaco.

It is Vergne’s tribute to his French countryman as former Ferrari and Sauber driver Alesi, 47, this weekend becomes the youngest ever rookie in the Indy 500.

Vergne, 22, had planned to watch Alesi from Indianapolis’ fabled stands, “but then came the news I was driving for Toro Rosso and of course that meant a clash with Monaco”.

Alesi starts the Indy 500 from 33rd and last, with the vastly-underpowered Lotus engine.

Sergio Perez has ruled out switching to Ferrari this season to replace Felipe Massa.

It is suggested the famous Italian team is growing increasingly impatient with struggling Brazilian Massa’s poor form.

“I think all this hype about a possible switch is massively blown up by the media,” Perez told F1′s official website.

“Should that situation really come about I would reject it as I would not want to make a switch in the middle of a season.”

Nonetheless, 22-year-old Perez is the obvious favourite, as the cream of Ferrari’s driver development programme and already powered by the Maranello team’s engines at Sauber.

“I think that people should not mix up engines and drivers,” he insisted.

The denials, however, are unlikely to dampen the rumours, with Massa under increasing pressure to perform — and some saying Monaco could be his last chance.

“I hope this weekend is where one can consider that my 2012 championship will begin,” the Brazilian said on Wednesday.

“I have had a few difficult times in my career and maybe the start to this season has been the most difficult so far.

“I have had to deal with the technical side of the problem, but also it causes a mental side, as it is not easy to deal with this situation. But if you fix one, then it is easier to fix the other,” added Massa in Monaco.

Perez tipped him to bounce back.

“He (Massa) is a strong driver and he has a great team behind him. Once he’s bounced back all these stories will die at once,” he said.

Formula one is worth about $8 or $9 billion, as the sport’s owner CVC confirmed it has this week sold a 21 per cent stake to new investors.

News of the sale coincided with the launch of pre-marketing ahead of one of the biggest ever sports floatations, data by the financial experts Thomson Reuters shows.

“It’s cheap compared to Facebook,” chief executive Bernie Ecclestone told reporters on Tuesday, confirming that the Singapore IPO looks set to go ahead soon “with no dramas”.

“All the things that have to happen have happened. It will be finished by the end of June,” the 81-year-old is quoted by the Telegraph.

F1′s new one-fifth owners are US managers Waddell and Reed, the powerful Blackrock and Norway’s central bank Norges.

“It’s a great way to start the IPO and lets investors know what they can expect,” said Ecclestone.

The diminutive Briton said he is keeping his 5.3 per cent stake, and staying in charge. His former wife Slavica controls another 8.5pc, the news agency Bloomberg said.

“You might as well have asked Frank Sinatra who he would appoint to replace him,” Ecclestone insisted.

CVC said in a statement that is remains F1′s biggest and controlling shareholder.

Valencia will not be on next year’s F1 calendar, Bernie Ecclestone said on Saturday.

He confirmed that, starting in 2013, an annually alternating deal between the Spanish port city and Barcelona will begin.

Barcelona, the scene of this weekend’s Spanish grand prix, will host the race in 2013, before Valencia returns to the schedule in 2014, the F1 chief executive told Reuters.

Less secure, meanwhile, is France’s touted spot on the 2013 calendar, particularly with the country’s new anti-F1 president Francois Hollande now taking power.

Until recently, the F1 chief executive was saying Paul Ricard was set to join the 2013 calendar, annually alternating a race date with Belgium’s Spa Francorchamps.

As for the state of the deal now, the 81-year-old admitted: “I have no idea. No idea what they (France) are doing.

“It’s a funny arrangement they were making anyway. So I just don’t know.”

Ecclestone is also working on a new deal for the popular Canadian grand prix, having told promoter Francois Dumontier that the Circuit Gilles Villeneuve needs to be upgraded.

“There are two ways of looking at it,” Dumontier, in the paddock of the Circuit de Catalunya, is quoted by La Presse newspaper.

“Either Bernie requires an annual fee windfall, or he will charge a reasonable fee and ask in return for investment in the infrastructure.”

He said the contract on the table is for 10 more years, taking Montreal’s existing deal through 2024.

Ecclestone said on Saturday that he is sure an agreement will be reached, because Canada is one of F1′s most loved destinations.

“I remember saying to Bernie, ‘New York, Austin, I don’t know why you want to go there. Your sure bet is Montreal’. He knows that.

“He’s been in Montreal for 34 years. And in the 22 years of the grands prix in the United States, they’ve had eight different cities.

“He said ‘You’re right’,” added Dumontier.

Another rumour, repeated by The Times’ Kevin Eason on Saturday, is that the planned 2014 Russian grand prix in Sochi “is doomed”.

Spanish driver Dani Clos will step into the F112 for the first time on Friday to take part in the first free practice session of the Spanish Grand Prix which will take place at the Circuit de Catalunya. 23 year-old Clos will substitute teammate Narain Karthikeyan for that session and will join Pedro de la Rosa for the first 90 minutes of practice in Montmeló.

It will be history in the making for HRT Formula 1 Team at the Circuit de Catalunya since this will be the first time that two Spanish drivers hit the track forming a part of a Spanish team at the Spanish Grand Prix. It will be a moment to remember for Spanish motorsport and a great opportunity for Clos to prove his worth in front of his home crowd.

After having completed 377.67 kilometres at the helm of the F111 in the Young Driver Test in Abu Dhabi last November and having joined the team as an official test driver in February, Dani Clos will take another step on Friday and will fulfill another vital aspect of his testing role by completing his first laps at the wheel of the F112. A car that will be brining a series of aerodynamic upgrades for this important Grand Prix.

Dani Clos: “I’m delighted to have this opportunity. It’s something I’ve fought for all my life; to make my debut in Formula 1 and, above all, to be able to do it at the Circuit de Catalunya which is something very special for me. Besides, I’m extremely lucky to be able to do it with a Spanish team, alongside another Spanish driver who I admire and at home. I can’t ask for more! It’s the ideal situation and I’m proud to be where I am with the people who have always been with me and still are. I hope to extract a lot of data from this practice session, contribute with positive things to the team and do my job in the best way I can. I feel 100% ready and I can’t wait for the moment I step into the car and hit the track”.

Luis Pérez-Sala, Team Principal HRT: “I’m very proud and happy that this moment has arrived and that we’ve given Dani the chance to get in the car on Friday’s first free practice session at such a special and important Grand Prix as is a home Grand Prix. In this first contact he will drive next to Pedro de la Rosa and will have the chance to drive the new F112 for the first time. It’s an important session given the short amount of time on track that we have and more so when you take into account the various aerodynamic upgrades which we have brought. Dani is a great driver and I have no doubt that he will do a good job. Besides, this debut also represents another step forward in our desire for HRT to serve as a platform for young drivers to make it into F1”.

DANI CLOS – PROFILE AND CAREER SUMMARY

Dani Clos was born in Barcelona on the 23rd of October 1988. With a renowned trajectory in karting, Clos made his debut in single-seater racing in 2004 in Formula Renault Italia 2.0, going on to win the Championship in 2006. A year later he joined Renault’s F1 programme and took part in the Formula Three Euroseries. In 2008 he entered Williams F1′s young drivers’ programme and finished in 2nd in the 24H Barcelona race. In 2009 he made his debut in the GP2 series, with a 3rd place finish in Portimao being his best result. In his second year in GP2 he achieved his first win in Turkey alongside various podium finishes. Last year, Dani Clos took one win and two podiums in what was his third season as a GP2 driver. Also in 2011, he took part in the Young Driver Test in Abu Dhabi with HRT F1 Team, completing total of 377.67km in one day and leaving a very good impression on the team. In 2012, Dani Clos joins the HRT Formula 1 Team as its official test driver.

Career Summary:

2012 F1: test driver, HRT Formula 1 Team
2011 GP2: Racing Engineering, 9th in the Championship
F1: Young Driver Test with HRT F1 Team
2010 GP2: Racing Engineering, 4th in the Championship (1 win)
2009 GP2: Racing Engineering, 21st in the Championship
2008 F3 Euroseries: Prema Powerteam: 14th in the Championship
2007 F3 Euroseries: Signature Plus: 13th in the Championship
2006 Fórmula Renault 2.0 Italia: Champion (8 wins)
Renault 2.0 Eurocup: 7th position in the Championship
2005 Renault 2.0 Eurocup: 32nd in the Championship
Fórmula 2.0 Italiana: 16th in the Championship

Getting the setup right is a challenge teams are grappling with in 2012.

So far this season, four different cars have won the four grands prix, with Pirelli’s difficult tyres credited or blamed for the unbalance of power.

The key, according to Mercedes team boss Ross Brawn, is car setup.

“We can’t modify the setup between qualifying on Saturday and the race on Sunday,” he is quoted by Brazil’s O Estado de S.Paulo newspaper. “And they are very different challenges, especially with this year’s tyres.

“It’s one thing to get the car to be fast on one lap and quite another to make it fast and consistent over 70.

“Whoever can anticipate what will be required for the race and come to a compromise – maybe to the detriment of grid position – should have a decisive advantage in the race.

“But it’s not easy to anticipate what happens on Sunday,” insisted Brawn.

F1′s new face of 2012 is polarising the sport.

It seems teams, drivers and spectators alike either love or hate the new great influence brought largely by Pirelli’s new generation of tyres.

An admitted critic is Michael Schumacher.

“It’s a 1000 piece puzzle that you need to put together at each race,” said the seven time world champion, according to Auto Motor und Sport.

Not for three decades have four different drivers driving for four different teams won the opening four grands prix of a season.

“From the standpoint of competition,” wrote Livio Oricchio in O Estado de S.Paulo newspaper, “there is no doubt that the Pirelli 2012 generation meets fully the objective of promoting the show.

“But if you think purely about the engineering challenge that is formula one, and the genius of the people and the immense financial and technical resources needed for success, the tyres have now taken on such an importance that the results don’t seem compatible.

“Myself, and many in formula one, hope the new versions of tyres that Pirelli is developing returns a little more predictability in terms of how they behave, without affecting the show too much.”

For now, however, the teams need to put their puzzles together, and that will undoubtedly be the focus of this week’s three-day in-season test at Mugello.

“He who understands the tyres first,” McLaren team principal Martin Whitmarsh astutely noted, “will have a huge advantage in the world championship.”

A broad understanding is already developing, including why 2012 winners Jenson Button, Fernando Alonso, Nico Rosberg and Sebastian Vettel won from the very front of the field.

“When you’re in a battle, you can’t take the lines that are best for the tyres,” said Mercedes’ Ross Brawn.

All eyes are now turning to Mugello, where the understanding will continue.

“These test days could change the balance of power in formula one,” Norbert Haug predicted dramatically in Bild newspaper.

Not everyone is enthusiastic, however, including McLaren who oppose the Mugello test on cost grounds.

Williams’ chief engineer Mark Gillan agrees: “The days of test teams are gone, so this is not logistically easy,” he is quoted by Germany’s Sport1.

Bruno Senna added: “Mugello is not an ideal test track, as it’s very different to most of the tracks that are on the calendar.”

A spat between two Britons could drive the German giant Mercedes out of formula one, according to a new media report.

F1 chief executive Bernie Ecclestone recently confirmed he is at loggerheads with Mercedes over the next Concorde Agreement.

But at the same time, he insisted that the Stuttgart marque is “very important to formula one. I have always supported them and I will always,” he is quoted by Auto Motor und Sport.

Indeed, Mercedes has its own and newly-winning works team, powers the marquee McLaren outfit, and also supplies engines to Force India.

Ecclestone’s dispute is with fellow Englishman Ross Brawn, who is the Brackley based Mercedes GP team’s principal.

“I have spoken to the team manager (Brawn) about it (the dispute) and he seems to believe that the team has won a few world titles and about 80 races since the Tyrrell days,” said the 81-year-old.

Sport Bild reports that Ecclestone is refusing to give in to Brawn’s demands for extra Concorde Agreement entitlements for past title successes and history.

The magazine said the relationship has become so intense that Ecclestone has even refused to give a joint interview with Brawn.

“He (Brawn) was never very nice to me,” the F1 ‘supremo’ is quoted as saying.

The German report said there is a risk Mercedes will, as a result of the ‘ice age’ between the British duo, pull the plug on its entire F1 involvement.

With Red Bull the latest to hold a trophy aloft this year, yet another potential 2012 champion has emerged.

In theory, back to back world champion Sebastian Vettel, the Bahrain grand prix winner, was always a contender for a third drivers’ crown this year.

But his RB8 was not a race winner until Sunday, after McLaren, Mercedes and even Ferrari had tasted the first victory spoils so far this season.

It was said that – amid the extraordinary field of 2012 – Adrian Newey’s latest creation was simply in the league of other midfielders including Lotus, Sauber, and perhaps even Williams and Toro Rosso.

But as Dr Helmut Marko remarked at the chequered flag: “Those pronounced dead live longest!”

“We never wrote them off,” McLaren team boss Martin Whitmarsh insisted to Germany’s Auto Motor und Sport, “because we knew that they had a good car and that they only needed to find the key.

“This season is really crazy; more exciting than we would like!” the Briton admitted. “And now we have to say Lotus are also contenders.”

German Vettel won in Bahrain from pole, but even he admitted that the weekend was a surprise.

“After Australia it seemed that McLaren had a supercar and it would be difficult to beat them, at least in the short term,” he is quoted by O Estado de S.Paulo.

So even the experts are at a loss after the initial ‘flyaway’ phase of the new world championship.

“We know that we know nothing,” beamed Vettel after his victory, referring to the oddly see-sawing balance of power in 2012, blamed mainly on the Pirelli tyres.

“It is almost impossible to predict in advance how the different tyre compounds are going to behave on race day,” he is quoted by Der Spiegel.

“You have an idea, but nothing more.”

Bahrain’s Crown Prince on Friday ruled out cancelling the troubled island kingdom’s grand prix.

“I think cancelling just empowers extremists,” he told reporters, whilst standing alongside F1 chief executive Bernie Ecclestone.

Pressure on the race organisers, Ecclestone and the FIA to cancel the race has only intensified after Force India and Sauber revealed their brushes with petrol bombs.

“I can absolutely guarantee that any problems that may or may not happen are not directed at F1,” the Crown Prince insisted.

Ecclestone, meanwhile, pointed his finger at the media.

“There are other countries much higher up the priority list you should be writing about,” he told the scrum of reporters.

“Go to Syria and write about those things there because it’s more important than here.”

When asked about the violent clashes between Bahraini protesters and the police, Ecclestone said: “It’s a lot of nonsense. You guys love it.”

However, he did admit that going ahead with the race is “a little bit silly” for the Bahrain government because it gives the protesters “such an incredible platform”.

Force India deputy boss Bob Fernley has dismissed reports the Silverstone based team could pull out of the controversial Bahrain grand prix.

Two members of the team were allowed to return to Europe this week following a Molotov cocktail attack en route from the Sakhir circuit to the hotel.

There were high-level meetings involving Force India on Thursday, sparking speculation the entire team could follow its frightened members back to the UK.

But Fernley, admitting that security has been ramped up after the incident, is quoted by Express newspaper: “We are definitely taking part, that is decided.”

Bahrain’s information affairs authority also released a statement featuring quotes by Bernie Ecclestone.

“I have no knowledge of any teams planning to withdraw from the race and we are all looking forward to racing in Bahrain,” the F1 chief executive said.

According to Telegraph correspondent Tom Cary, however, another incident like the one involving Force India this week could force F1 to change its decision to go ahead with the race.

“If that happened again and someone was injured then that’s the nightmare scenario for organisers as it might push the teams over the edge,” he said.

Many drivers, like Kimi Raikkonen, have said the situation is normal this weekend in Bahrain, but Cary does not agree.

“Normally there would be PR events in town, you know, ‘meet the fans’ and that sort of thing but certainly as far as I’m aware there aren’t any of those happening,” he said.

World champion Sebastian Vettel said he will be happy when track action begins on Friday.

“I think it’s not a big problem,” the German said when asked about the security situation this weekend, “and I’m happy once we start testing tomorrow because then we worry about the stuff that really matters — tyre temperatures, cars.”

Earlier, Vitaly Petrov’s manager indicated the Russian would only travel to Bahrain if F1 could guarantee his safety.

“If it was dangerous they wouldn’t let us in,” the Caterham driver told The National in Bahrain.

“If they make sure nothing gets thrown onto that track to hurt us, then we’ll be fine. We are here; if it happens, it happens,” added Petrov.

In fact, almost everyone in Bahrain has been reluctant to comment in detail, but there is an obvious feeling of unease.

Peter Sauber told Blick newspaper: “I feel like a guest, and so it is not polite to criticise your host.”

But 1996 world champion Damon Hill allowed himself some criticism of F1, including the sport’s most powerful figures, Bernie Ecclestone and Jean Todt.

He pointed out that FIA president Todt has said “next to nothing” about the Bahrain saga.

“This I find baffling,” Hill wrote in the Guardian. “Surely it is possible to condemn acts of inhumanity without taking a side?”

As for F1 chief executive Ecclestone, who has consistently trivialised the Bahrain issue, Hill noted that “few” in the paddock “dare to publicly disagree” with the imperious 81-year-old.

“Perhaps we should (criticise him), instead of just muttering under our breath, scared of losing our passes,” said Hill.

Hermann Tilke, the German architect who designed the Sakhir circuit, sees the entire saga as a storm in a teacup.

“It is safe in Bahrain,” Tilke, whose company has an office there, told the Kolner Express newspaper. “I’ve never heard about any problems from our people.

“Of course there is some unrest, but it is protests, not civil war. As Bernie Ecclestone has said, we do sports, not politics,” he insisted.

“And if they demonstrate peacefully now, the media will report on it, so both sides benefit.”

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Save energy, Save world – Go green.

Jules Bianchi will kick off his season of Friday practice duties this weekend in China.

Despite remaining under contract to Ferrari’s development programme, the Frenchman was signed to be reserve driver at Force India this year.

The team said 22-year-old Bianchi will practice during “a minimum of nine” Friday sessions this season.

The first will be in Shanghai late this week, according to the French weekly Le Journal du Dimanche.

The report said Bianchi, who will also race in the Renault World Series in 2012, will take over Paul di Resta’s Mercedes-powered car in the initial free practice session beginning at 10am local on Friday in China.

“I hope it (the role) will put me in a strong position to one day move into a race seat,” Bianchi said in January.

Fernando Alonso’s win was a complete surprise, but the name of another team was on more paddock-dwellers’ lips after Malaysia — Sauber.

“Only one team could do consistently good laptimes on all the tyres and in all the conditions, and it was Sauber,” confirmed Martin Whitmarsh, whose McLaren team had travelled to Sepang with arguably the fastest car.

Also in Germany’s Auto Motor und Sport, Red Bull team boss Christian Horner agreed: “They (Sauber) have somehow managed to get all of the tyres to work perfectly, which at the moment is the key to success.

“The (tyre) window is so small that it’s very easy to not be in it,” added the Briton.

And Sepang winner Fernando Alonso, whose victory was only ensured by a late-race mistake by Sauber’s Sergio Perez, admitted: “No doubt about it, they were quicker than us.”

Some believe it was only the Malaysian weather chaos that brought the Ferrari-powered C31 to the top of F1′s form-guide, but the Sauber was in fact also fast in Australia.

“Our cars were severely damaged at the start (in Melbourne),” explained chief designer Matt Morris. “At the front for Perez, the rear for Kobayashi.”

Nonetheless, both finished inside the top eight.

“The race in Malaysia showed very clearly how fast our car is,” insisted team boss Peter Sauber, writing in Blick newspaper.

“After two very different tracks, we have the assurance now that the C31 is a success.”

The next question is precisely how the small Hinwil based team has managed to build a pace-setting car.

One possible answer is the end of the blown diffuser era, and the fact that Sauber’s 2012 solution has already been copied by F1′s formerly-dominant Red Bull.

Italy’s Autosprint, meanwhile, claims Ferrari is next, mischievously suggesting that the updated F2012 might aptly be called the ‘Ferrauber’.

Referring to the FIA exhaust clampdown, Morris admitted: “We had to give up less than our opponents.”

Peter Sauber added: “When I saw that Red Bull had chosen a similar route to us, I was sure that we were right.”

Another trick on the C31 is a clever use of the loophole allowing an opening at the front of the car for driver cooling.

“It’s no match-winner,” Morris insists, “but it gains us some (lap) time.”

And Autosprint reports that another “trick” on the Sauber is located in front of the rear wheels, exploiting yet another “grey zone” in the regulations.

HRT’s team boss has admitted installing KERS is an unlikely goal for the struggling Spanish team this year.

Luis Perez Sala said the new F112 was designed to accommodate the energy-recovery technology, but qualifying comfortably within the 107 per cent rule is a better target for now.

“We have a car we are yet to discover,” he told El Confidencial.

Indeed, HRT travelled to Australia last month having hardly run its new Cosworth-powered car, and failed to qualify for the season opener.

“It is designed to carry KERS but in the short term we will not (use it). We don’t think we’re going to race with it this year,” he added.

“So, in this respect, it’s not perfect. Right now, we have assembled the car in a hurry and so the private testing at Mugello, just after Bahrain, will be very important to us.”

Sala, having rebuilt HRT following the departure of team boss Colin Kolles, was speaking from HRT’s new headquarters at the Caja Magica (Magic Box).

“After Bahrain, we will have the cars here. From the Spanish grand prix, we will begin to function more effectively.

“In China and Bahrain we will improve things in the car and the team, but it is a slow process that will last all year.

“As I sit here (in Madrid), some people are in Valencia, others in Germany, England … the cars are flying to China and we need to address issues of reliability, not just performance.”

It is a tough situation for HRT, but Sala concedes that the ‘paddock perception’ of the team is that it has gone backwards since debuting in 2010.

“It is really our first year,” he insists.

He reveals that Bernie Ecclestone, once a staunch critic of the struggling backmarkers, is “quiet”.

“We have not had any problems, I think he is calm,” said Sala.

It is also a busy time off the track for HRT, as many rival teams are busily signing the new Concorde Agreement for 2013.

“There are teams that are more advanced than others; for us, the negotiations are still at the beginning,” he said.

The most obvious goals right now, Sala insists, are to have “a team that works together, has a reliable car and a small team that can develop it, and we’re around 105pc off the pole”.