Aj v druhom voľnom tréningu na VC Maďarska bol najrýchlejší Sebastian Vettel, avšak počas jázd s naloženými autami boli veľmi konkurencieschopné aj monoposty Ferrari.
Výsledky 2. tréningu:
| Pozícia | Jazdec | Tím | Čas | Strata | Kolá |
| 1 | Sebastian Vettel | Red Bull-Renault | 1'20.087 | 33 | |
| 2 | Fernando Alonso | Ferrari | 1'20.584 | 0.497 | 34 |
| 3 | Mark Webber | Red Bull-Renault | 1'20.597 | 0.510 | 36 |
| 4 | Felipe Massa | Ferrari | 1'20.986 | 0.899 | 33 |
| 5 | Vitalij Petrov | Renault | 1'21.195 | 1.108 | 33 |
| 6 | Lewis Hamilton | McLaren-Mercedes | 1'21.308 | 1.221 | 30 |
| 7 | Robert Kubica | Renault | 1'21.375 | 1.288 | 37 |
| 8 | Nico Hülkenberg | Williams-Cosworth | 1'21.623 | 1.536 | 41 |
| 9 | Jenson Button | McLaren-Mercedes | 1'21.730 | 1.643 | 33 |
| 10 | Michael Schumacher | Mercedes | 1'21.773 | 1.686 | 31 |
| 11 | Pedro de la Rosa | BMW Sauber-Ferrari | 1'21.809 | 1.722 | 38 |
| 12 | Rubens Barrichello | Williams-Cosworth | 1'21.844 | 1.757 | 36 |
| 13 | Nico Rosberg | Mercedes | 1'22.039 | 1.952 | 28 |
| 14 | Kamui Kobayashi | BMW Sauber-Ferrari | 1'22.212 | 2.125 | 37 |
| 15 | Jaime Alguersuari | Toro Rosso-Ferrari | 1'22.469 | 2.382 | 43 |
| 16 | Adrian Sutil | Force India-Mercedes | 1'22.507 | 2.420 | 22 |
| 17 | Sébastien Buemi | Toro Rosso-Ferrari | 1'22.602 | 2.515 | 38 |
| 18 | Vitantonio Liuzzi | Force India-Mercedes | 1'23.138 | 3.051 | 36 |
| 19 | Jarno Trulli | Lotus-Cosworth | 1'24.553 | 4.466 | 37 |
| 20 | Timo Glock | Virgin-Cosworth | 1'25.376 | 5.289 | 35 |
| 21 | Lucas Di Grassi | Virgin-Cosworth | 1'25.669 | 5.582 | 32 |
| 22 | Bruno Senna | HRT-Cosworth | 1'26.745 | 6.658 | 33 |
| 23 | Sakon Yamamoto | HRT-Cosworth | 1'26.798 | 6.711 | 32 |
| 24 | Heikki Kovalainen | Lotus-Cosworth | 1'27.705 | 7.618 | 5 |
