Jean-Eric Vergne has been given a 10-place grid penalty for an unsafe release in FP2, while Toro Rosso has been given a €30,000 fine.
The Frenchman lost a rear wheel immediately after leaving the pits towards the end of FP2.
Kevin Magnussen made a great start to his official F1 career by topping the times for McLaren in Jerez
Once again it was a day of mixed fortunes for the teams, with Red Bull enduring another disaster while others successfully logged a lot of laps. Daniel Ricciardo completed only three laps in the RB10, without actually recording a time, before his team gave up for the day.