Pole-sitter Michael Schumcher led away from the start, the Ferrari safely ahead of the two McLarens on an incident packed first lap.

Behind the leaders Christian Klien rolled his Red Bull in spectacular fashion after contact with another car, while Fernando Alonso ran into the back of Jarno Trulli in an incident that cost him the chance of points.

The Renault team leader pitted immediately for a new nose, as did Rubens Barrichello whose Ferrari had also been involved in a first lap incident.

Further around the first lap Red Bull Racings weekend came to an abrupt end as David Coulthard collided with debris on the track, ending his race there and then.

Schumacher continued to lead, followed by the two McLarens of Raikkonen and Juan Pablo Montoya.

Raikkonen then began to reel the Ferrari in before pitting on lap 12, a very early stop by any standards.

Jarno Trulli was next in, his car showing signs of damage to the rear diffuser, while race leader Schumacher made his first stop on lap 15, emerging just ahead of the charging Raikkonen.

Montoya inherited the lead, and made his first stop on lap 22. He rejoined the track in 3rd, in close attendance to Schumacher and Raikkonen.

Clearly quicker than Schumacher, Raikkonen brought the McLaren within half a second of the lead Ferrari before Michael made his second stop on lap 36.

Kimi drove a superb lap in clear air to pit one lap later, emerging from a very short stop just ahead of the Ferrari.

Raikkonens next sequence of laps were simply stunning as he pulled away from Schumacher at more than a second a lap.

However, McLaren's unreliability problem struck again, this time afflicting Montoya. The Colombian coasted to a halt with driveshaft failure on lap 41, a possible race victory lost again.

Left unchallenged, Kimi coasted to a well deserved victory ahead of a Ferrari that, although much improved, is not in the same class as the McLaren.

Toyota's fine form continued here in Hungary, with Ralf Schumacher finishing third, just behind his brother, and Jarno Trulli fourth having nursed his damaged car throughout the race.

Ralf drove an excellent race including a hard last few laps in an attempt to catch and pass Michael.

Although much faster in the closing laps, could not find a way around the Ferrari.

Jenson Button again scored points for BAR-Honda with a deserved fifth place, and Takuma Sato boosted the teams confidence by bringing the second car home in eighth.

Between these two came the two Williams-BMW's, both Nick Heidfeld (sixth) and Mark Webber (seventh) putting in excellent performances to bring the unwieldy machines home in positions much higher than the car deserves.

The enigma this weekend has undoubtedly been the lack of performance from Renault.

Alonso could do nothing after his first lap fiasco, and Fisichella drove a lacklustre race, having to stop on the last lap for extra fuel.

They finished 11th (Alonso) and ninth for Fisichella.

Rubens Barrichello rounded out the top ten after a race compromised by his own first lap accident.

12th and 13th places went to the two Jordans of Narain Karthikeyan and Tiago Monteiro, while Felipe Massa in the Sauber was the last classified finisher in 14th, having suffered a small fire during a pit stop.

Red Bulls and Montoya aside, other retirements were Jacques Villeneuve in the second Sauber and both Minardi's of Crijstian Albers and Robert Doornbos.

The Championship race is by no means over, with Raikkonen taking a full ten points off rival Alonso today.