Toto Wolff isn't counting his chickens yet. He insists Ferrari will soon bounce back and claims they just found the wrong set-up for the Australian Grand Prix.
Despite being clear favourite ahead of the race, Ferrari and Sebastian Vettel lacked pace and performance as Mercedes topped the important timesheets.
"For sure, Ferrari didn't meet their expectations. But I think it's tricky to find the sweet spot of these new cars," Wolff told Autosport.
"In a race weekend where you basically have two days to find the right set-up, I think they took a wrong junction. I don't think there is a big performance problem [at Ferrari]."