World Champion Michael Schumacher secured a morale-boosting first pole position of the season for Ferrari when he eclipsed all his rivals with a stunning lap in qualifying for Sunday's Hungarian Grand Prix
Schumacher, who won here from pole last year, has been boosted by improved pace from his Ferrari and, with a presumably light-fuelled machine, he claimed the top spot from Juan Pablo Montoya by 0.897 seconds.
Montoya's teammate Raikkonen had set the pace in the morning practice sessions, topping both as he completed a perfect pre-race preparation, but he suffered for running early in the session.
Despite the disadvantage, the Finn, who is second in the championship, managed a time of 1:20.891, which was good enough for fourth place behind the Toyota of Jarno Trulli.
Raikkonen has conceded his championship hopes are all but over but he remains determined to win every race he can just in case title race leader Alonso is hit by bad luck in any of the remaining seven events.
And Alonso, who is leading the World Championship by 36 points from Raikkonen and ran last having won the last race in Germany, almost made a mistake in his lap when he put a wheel on the grass at the final turn.
He finished with a time 1.259 seconds behind Schumacher's to put himself in sixth place behind the second Toyota of Ralf Schumacher as Rubens Barrichello secured seventh in the second Ferrari.
Jenson Button finished eighth fastest for BAR-Honda with Giancarlo Fisichella ninth in the second Renault and Takuma Sato, in the second BAR-Honda, completing the top ten.
Raikkonen was out first, having retired from the last race in Germany, but despite the disadvantage of a cooler and dirtier track he still managed a stunning time of 1:20.891.
Mark Webber was out next in his Williams but he was more than 2.5 seconds slower than the lead McLaren then Robert Doornbos was more than 4.5 seconds slower in the Minardi and Jordan driver Tiago Monteiro chose not to even complete a lap.
Narain Karthikeyan went four tenths quicker than Doornbos then Jacques Villeneuve went second before Trulli shot to the top, to the delight of the Toyota garage, with a time just 0.052 seconds quicker than Raikkonen.
Sato then went quickest in the first sector but lost out significantly in the second and had to settle for third, almost one second behind Raikkonen, then Barrichello was three tenths down on Trulli as he replaced Sato in third.
Ralf Schumacher could do no better than third on his run, pushing Barrichello down the order as he finished 0.125 seconds slower than his teammate who remained on provisional pole.
Michael Schumacher then went fastest with an astonishing time that eclipsed Trulli's by almost a second, his car clearly fuelled light in a bid to make the most of starting near the front and nobody could beat him.
With the team’s founder now retired and a new boss at the helm, change was coming to Brabham – change that would shape the future of Formula 1. In the third part of our four-part history of Brabham, DAMIEN SMITH examines the effect Bernie Ecclestone had on the team
OPINION: The late battling in the British Grand Prix wowed Formula 1 fans and surely represents the best racing action of the season so far. And there was a cocktail of factors that created the action, from which Carlos Sainz emerged as a popular new winner
OPINION: Ferrari won the British Grand Prix with Carlos Sainz, but it ultimately cost Charles Leclerc a chance to make a bigger dent in Max Verstappen's title lead by leaving the Monegasque out on old tyres towards the end. Like Monaco, indecision over strategy proved to be the Scuderia's biggest issue - and if the team doesn't reflect, the headache can only intensify
Formula 1 has a newest race winner, in a grand prix the victor appeared to have lost twice, only to charge back to headline a sensational and dramatic British Grand Prix. From a massive start crash to a late sprint finish, here’s how five factors saw Carlos Sainz take his maiden grand prix win
After a slow start to Friday at Silverstone, all the Formula 1 teams had to effectively cram in a day’s worth of practice into one hour. But there was still plenty to learn and while Ferrari topped the times, a three-way battle is brewing ahead of the British Grand Prix
It wasn’t so long ago the situation looked bleak at Silverstone with the future of the British Grand Prix under threat. But a transformation has seen it restored to one of the most important races on the Formula 1 calendar, with bigger and better to come