Interesting, first it was julian and now sgd giving away prizes on our behalf. Thanks Guys, we're not rich and have a tiny budget for marketing.
But what they heck, I think it is a good idea. Perhaps a bit late for this round but go for it guys.
Lets see looking at the rules posted (even though they are a copy of mine

, we still have to approve them

)
First the fine print should be that - fine!
You can also include the lap number. Anyone picking a near perfect time with the right driver and the right lap number will win a big(ger) prize.
Declaring the winner within 6 seconds. That is too high. Drops to 0.5 like the pole. No prize if the time is more or less than half a second.
Changing time/driver, ok we'll allow that but you can only change once and the change cannot be a max or min to try and gain advantage (eg. if the highest fastest time posted is a 1:45.345, a player cannot change their time to a time above that) - We try to close all loopholes
Any questions just ask or PM myself
PS. sgd, when you cut and paste make sure you replace all Pole occurences
So here is a re-write of the fine print:
One entry per user with one change allowed (see below). Entries close prior to the start of Q1 on Saturtay
The winner will be the one who manages to predict the closest time as well as the driver. You can also predict the lap number for a better prize if you get it correct
In case of two players predicting the same time and driver, the player who submitted earlier will be the winner.
In the case of the Fastest Lap time being too high or too low (wet conditions for example) compared to the times submitted, the time will need to be within 0.5 seconds of fastest time to be declared a winner.
No prize if the time is more or less than half a second.
Changing time/driver is allowed only once and the change cannot be a max or min to try and gain advantage (eg. if the highest fastest time posted is a 1:45.345, a player cannot change their time to a time above that)