Winners and Losers from Formula 1 Testing in Jerez

The first Formula One preseason test is now complete and everyone can begin poring over the results trying to determine which teams have an edge as we head toward the 2015 season. As my colleague Neil James demonstrated, lap times from the first test are unreliable predictors of future success. But that will not stop Ferrari fans, for example, from getting excited that their team topped the time sheets on three of the four days at Jerez. The first test featured some surprises, like Ferrari and Sauber's apparent pace, and some disappointments, like McLaren's lack of mileage with their new Honda engine. Now that the teams are on their way home for a furious two weeks of continued development before the next test at the Circuit de Catalunya in...

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