If you are the f1 fanatic than you would want to watch this weekend F1 Hungarian Gp 2016 live streaming online for free.
Here are some of the very high quality links for the Qualifying and Race.
http://www.eplsite.com/f1.html
http://www.keepsporthonest.net/f1-live-stream
If you want HD quality stream than I would suggest premium site like http://www.watchf1online.com
Hope this will be useful for you.