Posted: Sat May 26, 2012 10:44AM; Updated: Sat May 26, 2012 10:44AM

Schumacher sets fastest time at Monaco; Webber takes pole

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MONACO (AP) -- Veteran Michael Schumacher posted the fastest time in an action-packed qualifying session at the Monaco Grand Prix on Saturday, but his previous grid penalty means Mark Webber's Red Bull will start Sunday's race in pole position.

Webber beat Nico Rosberg's time on his final lap, only for the 43-year-old Schumacher to surpass Webber's effort just moments later.

But the grid penalty Schumacher got at the Spanish Grand Prix means he starts from sixth on the grid on Sunday. The German has yet to earn a pole position since coming out of retirement last season.

Rosberg starts second and looks for his second victory of the season after winning the Chinese GP.

McLaren's Lewis Hamilton starts third, but teammate Jenson Button failed to make the final qualifying session for the second straight race.

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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