Ferrari technical director James Allison says the team's car "isn't good enough to challenge for any championship this year" despite winning in Hungary.
Sebastian Vettel led from the front at the Hungaroring having jumped the two Mercedes drivers at the start, and Ferrari would likely have had a one-two but for a reliability issue with Kimi Raikkonen's car.
Following an impressive second victory of the season, when asked if the championship is beyond Ferrari this year, Allison replied: "Of course!
"We have said throughout that our car isn’t good enough to challenge for any championship this year. We will do our best to get more and more competitive race-by-race, but you have to be realistic about where we are working from."
While pleased with the result in Hungary, Allison says he will not let it mask the size of the task ahead for Ferrari to become regular challengers.
"I am completely delighted of course with the victory. I am sure you have seen the joy on all the team’s faces when they win and it is amplified to an even greater level when you are wearing red, so, completely happy with the victory.
"The season as a whole, I think we can be happy that we have demonstrated that we have stepped up from last year. But there is an awful lot more for us to do as a team before we can feel that we are really showing a Ferrari that everyone can be completely proud of."
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