The 18-year-old completed 65 laps with a best time exactly three seconds slower than Ralf Schumacher.
Max Verstappen won Red Bull's home Austrian Grand Prix on Sunday while Lewis Hamilton suffered his first race retirement since 2016 and lost the Formula One championship lead to Ferrari's Sebastian Vettel.
Before the start, Hamilton had spoken of Hungary fast becoming one of his favourite circuits.
Formula One world champion Lewis Hamilton has recognised a fashion faux pas and assured Wimbledon he will respect the dress code next year.
"It was a really bad accident, pretty unlucky," Perez told reporters of his crash at the Hungaroring.
The Supreme Court has rejected an appeal by Vijay Mallya to overturn charges against him for allegedly violating foreign exchange rules, adding to the legal challenges facing one of the country's most prominent businessmen.
The government on Friday approved 34 foreign direct investment proposals worth Rs 30.98 crore (Rs 309.8 million).
Lewis Hamilton refused to take questions from the media after qualifying second for Sunday's Japanese Grand Prix due to "disrespectful" criticism of his behaviour during a news conference two days ago.
This is the German's 50th career win
Hamilton, Bottas's team mate, started in eighth place after a grid penalty triggered by an unscheduled gearbox change and finished fourth.
Lewis Hamilton took pole position at the Italian Grand Prix for the third year in a row on Saturday with Mercedes team mate and title rival Nico Rosberg joining the Briton on the front row of the grid.
Formula One's post-season shake-up took another spin on Tuesday with Williams announcing the departure of technical head Pat Symonds while Valtteri Bottas moved closer to Mercedes and Felipe Massa's retirement looked to be coming to an end.
Lewis Hamilton lost a battle but regained a rival after Sebastian Vettel won Sunday's Australian season-opener for Ferrari.
Ferrari are closer to Mercedes than results have suggested in this season's two races and look like posing a real challenge, according to Formula One world championship leader Nico Rosberg.
The most successful current racer, in terms of wins if not titles, Hamilton can also equal seven-times world champion Michael Schumacher's all-time record of 68 pole positions at Spa on Saturday.
On a rainsoaked afternoon that saw the race twice stopped and re-started with the safety car deployed five times, there were also those who felt the sport had erred too far on the side of caution.
Max Verstappen was compared to Formula One greats Ayrton Senna and Michael Schumacher on Sunday after the Dutch teenager's sensational drive to third place in a wet and chaotic Brazilian Grand Prix. Even father and former racer Jos, the 19-year-old Red Bull driver's biggest fan and fiercest critic, was astonished. "What Max showed here today was really special," he said of a race likely to go down in the sport's annals as one for the ages. In the last 15 laps, after a change to extreme wet tyres, Verstappen passed more than half the starting grid as he went from 16th place to the podium.
Niki Lauda pondered the mystery of the disappearing Mercedes on Sunday after Lewis Hamilton and Nico Rosberg finished one-two in the Japanese Grand Prix but barely featured in television coverage.
Jenson Button hailed Honda's latest power unit as a good step forward for McLaren after completing 121 laps and finishing fifth fastest on the second day of Formula One's final pre-season test on Wednesday.
French driver Esteban Ocon will race for Force Indianext season after agreeing a multi-year deal, the Silverstone-based Formula One team said in a statement at the Brazilian Grand Prix on Thursday. Ocon replaces experienced German Nico Hulkenberg, who is moving to Renault, alongside Mexican Sergio Perez at a team co-owned by Indian tycoon Vijay Mallya and currently fourth in the championship. The 20-year-old is contracted long-term to Mercedes, Force India's engine provider, and made his debut this year with the lowly Manor team as a mid-season replacement for Indonesian Rio Haryanto.
'The phenomenal Max Verstappen was both sloppy and superb in Germany, getting caught out during the first two starts, and even spinning his car around to give the crowd something to gasp at with a Batmobile-esque 360 degree turn. 'After Hamilton crashed and Verstappen sniffed victory, though, he pounced hard, put his foot down, and took a deserved race win,' says Rediff's F1 columnist Raja Sen.
Formula One world championship leader Sebastian Vettel won the Bahrain Grand Prix for Ferrari on Sunday in the German's 200th race start.
The Formula One team will try out the sons of former champions Nelson Piquet and Keke Rosberg next week.
Red Bull's quadruple World champion Sebastian Vettel won the US Grand Prix on Sunday to become the first Formula One driver to take eight consecutive victories in a single season. Starting from pole, the 26-year-old German was again in a class of his own, taking the chequered flag 6.2 seconds clear of Frenchman Romain Grosjean in a Lotus.
The Indian ace was given the honour after Carlin's top driver Alan van der Merwe opted out.
Ferrari's Sebastian Vettel refused to blame his team for a wrong strategy call after the four time World Champion missed out on an elusive first win of the Formula One season in Sunday's Canadian Grand Prix.
Force India finished sixth in 2014 but spent much of last season calling for cost cuts.
Champions Mercedes are chasing a sixth successive double, and Lewis Hamilton his sixth drivers' title, but the task looks tougher than ever.
The German, Canadian and Brazilian grands prix were listed as subject to confirmation on a record-equalling 21-race provisional calendar for 2017 published by Formula One's governing body on Wednesday.
'The hunger is always there. After one year and a half without being close to the podium, I have more motivation. I come out as a lion in every race'
Paul di Resta suffered his third retirement in a row and Adrian Sutil sneaked into the top-10 in the last lap as Sahara Force India added one point to their tally from the exciting Singapore Grand Prix, where fortunes swung like a pendulum for the Indian F1 team.
And, since, pictures speak more than words, Rediff.com brings you images from these sporting events and others that made headlines in the week gone by.
Three-time world champion Lewis Hamilton dominated practice at the season-opening Australian Grand Prix on Friday, putting Mercedes on top of the timesheets and leaving his Formula One rivals with plenty to ponder before the weekend.
Mark Webber has tipped fellow Australian Daniel Ricciardo to replace him at Formula One champions Red Bull next season.
Germany's Nico Rosberg took a controversial pole position at the Monaco Grand Prix on Saturday after an incident that denied unhappy Mercedes team mate and championship leader Lewis Hamilton the chance to beat him.
South Korea's Formula One grand prix has been reinstated provisionally on a record 21-race calendar for 2015 while double points have been scrapped for the final round in Abu Dhabi, the sport's governing body said on Wednesday.
Quadruple world champion Sebastian Vettel continued to set the pace at the U.S. Formula One Grand Prix, topping the final practice time sheets in another Red Bull one-two on Saturday.
British ace racer Lewis Hamilton has said that he expects to be at Mercedes for years to come after he was crowned world champion on Sunday for the second time.
'I was actually with Serena last week in LA ... she came out to Mexico (for the race) which for me was a real honour to have someone of her power, someone who has achieved so much' 'Venus talks a lot about wisdom and about her growth and about the process of being a sportsman or sportswoman so generally from both of them, I take a lot of inspiration and admire them both hugely'
Romelu Lukaku scored twice to earn Belgium a 2-1 victory over Switzerland in the Nations League on Friday, lifting the mood in the country after a week marred by match-fixing allegations.
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