Red Bull Racing's Mark Webber has insisted he is happy with second on the grid for Sunday's F1 2012 British Grand Prix.

The Aussie looked on for pole position at one point, but in the end was just edged out by the Ferrari of Fernando Alonso, the Spaniard stopping the clocks just 0.047 seconds quicker.

Given conditions were so difficult though, with rain even forcing a 92-minute stoppage, the 35-year-old wasn't too disappointed, adding he has 'no regrets' about his best lap.

"It was a tight session today with very mixed conditions," Webber said. "The cars are difficult to handle when it's like that.

"In every session we went out the times were changing by up to five or six seconds per lap; there was a lot of standing water and aqua planning.

"So, I was happy I was competitive when it counted. You have to put it all on the line in Q3. Alonso put a lap together that was just that sniff better than mine, but I'm not standing here with any regrets about my lap.

"I'm happy with what I put on the table and the front row was what we deserved," he added.

Red Bull Racing team principal Christian Horner meanwhile praised Webber for a job well done.

"Mark was so close to getting the pole position today, the rain just started to increase as he was completing his lap and he dropped a couple of tenths due to the rain, but nonetheless it was a great lap from him right at the end of Q3," Horner summed-up.

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