Víťazom kvalifikácie na VC Maďarska sa stal Lewis Hamilton. O prekvapenie sa postaral Romain Grosjean, ktorý Hamiltona doplní v prvom rade. Fernando Alonso odštartuje šiesty, Felipe Massa siedmy.
Výsledky kvalifikácie na VC Maďarska 2012:
| Pozícia | Jazdec | Tím | Q1 | Q2 | Q3 | Strata |
| 1 | Lewis Hamilton | McLaren-Mercedes | 1:21,794 | 1:21,060 | 1:20,953 | - |
| 2 | Romain Grosjean | Lotus-Renault | 1:22,755 | 1:21,657 | 1:21,366 | 0,413 |
| 3 | Sebastian Vettel | Red Bull Racing-Renault | 1:22,948 | 1:21,407 | 1:21,416 | 0,463 |
| 4 | Jenson Button | McLaren-Mercedes | 1:22,028 | 1:21,618 | 1:21,583 | 0,630 |
| 5 | Kimi Räikkönen | Lotus-Renault | 1:22,234 | 1:21,583 | 1:21,730 | 0,777 |
| 6 | Fernando Alonso | Ferrari | 1:22,095 | 1:21,598 | 1:21,844 | 0,891 |
| 7 | Felipe Massa | Ferrari | 1:22,203 | 1:21,534 | 1:21,900 | 0,947 |
| 8 | Pastor Maldonado | Williams-Renault | 1:22,475 | 1:21,504 | 1:21,939 | 0,986 |
| 9 | Bruno Senna | Williams-Renault | 1:22,271 | 1:21,697 | 1:22,343 | 1,390 |
| 10 | Nico Hülkenberg | Force India-Mercedes | 1:22,176 | 1:21,653 | 1:22,847 | 1,894 |
| 11 | Mark Webber | Red Bull Racing-Renault | 1:22,829 | 1:21,715 | - | - |
| 12 | Paul di Resta | Force India-Mercedes | 1:21,912 | 1:21,813 | - | - |
| 13 | Nico Rosberg | Mercedes | 1:22,079 | 1:21,895 | - | - |
| 14 | Sergio Pérez | Sauber-Ferrari | 1:22,110 | 1:21,895 | - | - |
| 15 | Kamuj Kobajaši | Sauber-Ferrari | 1:22,801 | 1:22,300 | - | - |
| 16 | Jean-Eric Vergne | STR-Ferrari | 1:22,799 | 1:22,380 | - | - |
| 17 | Michael Schumacher | Mercedes | 1:22,436 | 1:22,723 | - | - |
| 18 | Daniel Ricciardo | STR-Ferrari | 1:23,250 | - | - | - |
| 19 | Heikki Kovalainen | Caterham-Renault | 1:23,576 | - | - | - |
| 20 | Vitalij Petrov | Caterham-Renault | 1:24,167 | - | - | - |
| 21 | Charles Pic | Marussia-Cosworth | 1:25,244 | - | - | - |
| 22 | Timo Glock | Marussia-Cosworth | 1:25,476 | - | - | - |
| 23 | Pedro de la Rosa | HRT-Cosworth | 1:25,916 | - | - | - |
| 24 | Narajn Kartykejan | HRT-Cosworth | 1:26,178 | - | - | - |
| - | Q1 107 % | - | 1:27,519 | - | - | - |