Grosjean leads a wet and wild FP3

As Saturday morning rolled around, clouds were over the Albert Park Circuit where Romain Grosjean managed to set the fastest lap of the session , which actually happened to be rainy in the latter half. Following the Frenchmen were the two Ferrari's of Fernando Alonso and Felipe Massa.
Results
|
|
| Pos. | Driver | Team | Time | Gap | Laps |
| 1. | Romain Grosjean | Lotus Renault | 1m26.929 | -- | 14 |
| 2. | Fernando Alonso | Ferrari | 1m27.000s | + 0.071s | 7 |
| 3. | Felipe Massa | Ferrari | 1m27.241s | + 0.312s | 10 |
| 4. | Paul di Resta | Force India-Mercedes | 1m27.533s | + 0.604s | 9 |
| 5. | Kimi Raikkonen | Lotus-Renault | 1m27.625s | + 0.696s | 12 |
| 6. | Daniel Ricciardo | Toro Rosso-Ferrari | 1m27.849s | + 0.920s | 19 |
| 7. | Jean-Eric Vergne | Toro Rosso-Ferrari | 1m27.860s | + 0.931s | 16 |
| 8. | Adrian Sutil | Force India-Mercedes | 1m28.069s | + 1.140s | 15 |
| 9. | Nico Hulkenberg | Sauber-Ferrari | 1m28.253s | + 1.324s | 18 |
| 10. | Esteban Gutierrez | Sauber-Ferrari | 1m28.253s | + 1.324s | 20 |
| 11. | Nico Rosberg | Mercedes AMG | 1m28.486s | + 1.557s | 13 |
| 12. | Sebastian Vettel | Red Bull-Renault | 1m29.808s | + 2.879s | 9 |
| 13. | Mark Webber | Red Bull-Renault | 1m30.073s | + 3.144s | 16 |
| 14. | Jules Bianchi | Marussia-Cosworth | 1m30.388s | + 3.459s | 17 |
| 15. | Giedo van der Garde | Caterham-Renault | 1m30.598s | + 3.669s | 20 |
| 16. | Charles Pic | Caterham-Renault | 1m30.959s | + 4.030s | 19 |
| 17. | Jenson Button | McLaren-Mercedes | 1m33.236s | + 6.307s | 7 |
| 18. | Sergio Perez | McLaren-Mercedes | 1m33.527s | + 6.598s | 8 |
| 19. | Pastor Maldonado | Williams-Renault | 1m39.232s | + 12.303s | 13 |
| 20. | Valtteri Bottas | Williams-Renault | 1m39.779s | + 12.850s | 13 |
| 21. | Max Chilton | Marussia-Cosworth | 1m42.872s | + 15.943s | 13 |
| 22. | Lewis Hamilton | Mercedes AMG | 1m47.246s | + 20.317s | 9 |