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Its incredible that before a wheel has turned in anger Ferrari are already making excuses for their poor performance. I suggest that there has been so much sandbagging in the recent tests that the formbook is still blank.
Having said that, sadly I would be entirely unsurprised if the same teams that were at the front in 2011 are still in front in 2012 and one or two of the midfield hopefuls will, once again, have their dreams shattered.