Fernando Alonso showed just how far Ferrari F2012 has come since its pre-season days as he finished with the leading time of the day on Thursday in Monaco.

It just shows how much Ferrari want the championship title for 2012. The update package they started to introduce at the Mugello test has worked wonders for them. The Spaniard finished with the best time of 1 minute 16.265 seconds.

Romain Grosjean in the Lotus was second with the best time of 1 minute 16.630 seconds. Grosjean was the only Lotus driver in FP1 as Kimi Raikkonen had a problem with his car’s steering wheel and did not take part. Lotus has been a strong force in the season especially in the last two races they have shown that they are very much in contention for the constructors’ title.

Sergio Perez in the Sauber was third with the best time of 1 minute 16.711 seconds. Sergio was on the brink of a Grand Prix win in Malaysia but narrowly lost to Alonso.

Lewis Hamilton as usual in the season showed good pace and finished fourth fastest time of 1minute 16 .747 seconds.

The Spanish GP winner Pastor Maldonado for Williams recorded the best time of 1 minute 16.760 seconds. Maldonado was followed by a struggling driver Felipe Massa who finished with the best time of 1 minute 16.843 seconds. The Brazilian has been struggling so far in the season but he will be happy to finish sixth best in FP1.

Kamui Kobayashi in the Sauber had the time of 1 minute 17.038 seconds followed by Jenson Button in the McLaren who had the best time of 1 minute 17.190 seconds. Sebastian Vettel was at 9th with the best time of 1 minute 17.222 seconds.

The two Mercedes drivers Michael Schumacher and Nico Rosberg finished at 10thand 11th. It will be interesting to see how FP2 fares as teams drivers start to learn the track and record better lap times.

Schumacher had another incident as his front wing was damaged and he had to drag it along the circuit towards the pit. He has so far retired in three races out of a total of five in the season.