Kobayashi currently fifth in Jerez

Hi rez photo of the “mad looking” new Ferrari at Jerez

Felipe Massa setting some fast times now..

Kimi Raikkonen setting the pace at Jerez this morning

The Iceman fastest so far… Nico Rosberg is driving in the old car. The new Mercedes F1 W03 is not ready yet!

Some selected timings from first run:

Some selected timings from second run:

Here is the new Williams FW34!

Here are the first photos of the new Williams FW 34 unveiled today:

Here is the new Toro Rosso STR7!

Here is the first photo via Twitter of the new Toro Rosso STR7!

Going back to bed:

Here is the new Red Bull RB8!

Red Bull have just launched their car but we’ve only seen studio shots so far. Developing story…

Here is the new Sauber!

Pictures are fine, but video is better:

Sauber became the sixth Formula 1 team to unveil its car for the 2012 season on Monday morning when the wraps came off the new Ferrari-powered C31. The Swiss squad finished in seventh place in the standings in 2011 after scoring 44 points following a strong start to the season. After a drop in performance during the middle part of the year, Sauber managed to keep rival Toro Rosso at bay thanks to two point-scoring results in the final races of the season, thus securing seventh position. [Source]

View more photos of the car here.

Here is the new Lotus-Renault!

The server crashed for the Internet launch, but here are the first photos (they couldn’t take the Facebook and YouTube servers down!) and the presentation video:

Renault launching their new car today

Lotus F1 Team is pleased to announce that this year’s Formula 1 challenger will be named the E20, with a new nomenclature commencing to commemorate the twentieth chassis designed at the team’s base in Enstone, Oxfordshire.

Narain Karthikeyan completes 2012 driver lineup

Indian Formula One driver Narain Karthikeyan will join Pedro de la Rosa to complete the HRT line-up for the 2012 Formula One World Championship, the Spanish team announced on Friday.

This will be the 35-year-old Chennai-born driver’s second season with the team. HRT replaced him with Red Bull-backed Australian rookie Daniel Ricciardo midway through last year.

“Narain… will contribute continuity and stability,” team principal Luis Perez-Sala was quoted as saying in a statement.

Read the full article in The Times of India here.