P1racenews AI automatic summary:
Catch up with all the major talking points on the second day of the Australian Grand Prix weekend.
Max Verstappen acknowledges that Ferrari may pose a challenge to Red Bull at the Australian Grand Prix. Despite Ferrari being the favorites, Verstappen secured pole position. Sergio Perez lost his third-place starting position due to a grid penalty for impeding Nico Hulkenberg. Daniel Ricciardo was left disappointed after his qualifying lap got deleted, placing him 18th for the race. The McLaren Group has been fully taken over by the Sovereign Wealth Fund of Bahrain. Carlos Sainz was surprised to find himself competing for pole position after his recent surgery. Lewis Hamilton struggled in qualifying due to changing wind conditions at Albert Park.