12/05/2006
NEWS STORY
| Pos | Driver | Team | Time | Gap |
| 1 | Piquet | Piquet Sports | 1:23.704 | 123.653 mph |
| 2 | Premat | ART Grand Prix | 1:23.758 | 0.054 |
| 3 | Carroll | Racing Engineering | 1:23.916 | 0.212 |
| 4 | Hamilton * | ART Grand Prix | 1:23.371 | - |
| 5 | Ammermüller | Arden International | 1:24.715 | 1.011 |
| 5 | Perera | DAMS | 1:24.161 | 0.457 |
| 6 | Lopez | Super Nova International | 1:24.190 | 0.486 |
| 7 | Bruni * | Trident Racing | 1:23.890 | 0.186 |
| 8 | Pla | DPR Direxiv | 1:24.257 | 0.553 |
| 9 | Piccione | DPR Direxiv | 1:24.294 | 0.590 |
| 10 | Gommendy | iSport International | 1:24.477 | 0.773 |
| 11 | Zuber | Trident Racing | 1:24.611 | 0.907 |
| 12 | Lapierre * | Arden International | 1:24.440 | 0.736 |
| 13 | Valles | Campos Racing | 1:24.858 | 1.154 |
| 14 | Glock | BCN Competition | 1:24.869 | 1.165 |
| 15 | Negrao | Piquet Sports | 1:24.920 | 1.216 |
| 16 | Yoshimoto | BCN Competition | 1:25.179 | 1.475 |
| 17 | Hernandez | Durango | 1:25.180 | 1.476 |
| 18 | di Grassi * | Durango | 1:24.660 | 0.956 |
| 19 | Monfardini | DAMS | 1:25.347 | 1.643 |
| 20 | Viso | iSport International | 1:25.515 | 1.811 |
| 21 | Porteiro | Campos Racing | 1:25.657 | 1.953 |
| 22 | Tahinci | FMS International | 1:25.811 | 2.107 |
| 23 | Fauzy | Super Nova International | 1:25.996 | 2.292 |
| 24 | Pantano | FMS International | 1:26.035 | 2.331 |
| 25 | Villa * | Racing Engineering | 1:25.882 | 2.178 |
* Lewis Hamilton and five other drivers had their two best laps stripped from them for not heeding yellow flag warnings.
Gimmi Bruni (Trident Racing), Nicolas Lapierre (Arden International), Tristan Gommendy (iSport International), Lucas di Grassi (Durango) and Javier Villa (Racing Engineering) were the other drivers to be penalised.