Hamilton and Raikkonen lead the way in Australia @ Friday March 14

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World championship favourites Lewis Hamilton and Kimi Raikkonen set the fastest times in Friday practice ahead of Sunday's Australian Grand Prix.

World champion Raikkonen's Ferrari set the fastest time of the day to be 0.487 seconds quicker than Hamilton's McLaren in the first session.

But the Briton was on top in the afternoon, with Raikkonen fourth.

Ferrari's Felipe Massa was third in both sessions, with Fernando Alonso sixth and 13th in his Renault.

And Hamilton's team-mate Heikki Kovalainen was fourth fastest in both sessions.

The pace of the Red Bull also caught the eye - Australian Mark Webber was second fastest in the afternoon session and fifth fastest in the morning, while team-mate David Coulthard, of Scotland, was fifth fastest in the afternoon.

Inconclusive though lap times in Friday practice can be, they suggest what many in Formula One suspected - that McLaren and Ferrari have an advantage of almost a second a lap over the rest of the field.

They also suggest that, as predicted, the battle for the lower points positions will be closely fought.

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First practice times from Australian Grand Prix at Albert Park, Melbourne:

1. Kimi Raikkonen (Fin) Ferrari one minute 26.461 seconds
2. Lewis Hamilton (GB) McLaren-Mercedes 1:26.948
3. Felipe Massa (Brz) Ferrari 1:26.958
4. Heikki Kovalainen (Fin) McLaren-Mercedes 1:27.114
5. Mark Webber (Aus) Red Bull-Renault 1:28.263
6. Fernando Alonso (Spa) Renault 1:28.360
7. Robert Kubica (Pol) BMW Sauber 1:28.579
8. Timo Glock (Ger) Toyota 1:28.913
9. Sebastian Vettel (Ger) Toro Rosso-Ferrari 1:28.957
10. Jarno Trulli (Ita) Toyota 1:29.014
11. Jenson Button (GB) Honda 1:29.124
12. Giancarlo Fisichella (Ita) Force India-Ferrari 1:29.230
13. David Coulthard (GB) Red Bull-Renault 1:29.301
14. Sebastien Bourdais (Fra) Toro Rosso-Ferrari 1:29.363
15. Rubens Barrichello (Brz) Honda 1:29.533
16. Nick Heidfeld (Ger) BMW Sauber 1:29.561
17. Adrian Sutil (Ger) Force India-Ferrari 1:30.155
18. Nelson Piquet Jr (Brz) Renault 1:30.357
19. Takuma Sato (Jpn) Super Aguri-Honda 1:31.048
20. Anthony Davidson (GB) Super Aguri-Honda 1:31.771
21. Kazuki Nakajima (Jpn) Williams-Toyota 1:35.053
22. Nico Rosberg (Ger) Williams-Toyota no time

Second Session

1. Hamilton 1:26.559
2. Webber 1:27.473
3. Massa 1:27.640
4. Kovalainen 1:27.683
5. Coulthard 1:28.037
6. Raikkonen 1:28.208
7. Trulli 1:28.292
8. Rosberg 1:28.352
9. Fisichella 1:28.469
10. Glock 1:28.582
11. Button 1:28.632
12. Heidfeld 1:28.731
13. Alonso 1:28.779
14. Barrichello 1:28.849
15. Kubica 1:28.860
16. Nakajima 1:29.077
17. Sutil 1:29.161
18. Vettel 1:29.193
19. Piquet Jr 1:29.581
20. Bourdais 1:29.605
21. Sato 1:30.663
22. Davidson 1:31.527

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