Ferrari team principal Maurizio Arrivabene believes Mercedes is still going to be beatable at certain circuits this season.
Mercedes has won every race so far in 2016 except for the Spanish Grand Prix, where Nico Rosberg and Lewis Hamilton collided on the opening lap and both retired from the lead of the race. Red Bull took advantage to win in Barcelona and recently has shown improved form which has seen it overhaul Ferrari in the battle for second in the constructors' championship.
Arrivabene, however, says there is no need for Ferrari to panic and believes Mercedes has shown itself to have weak circuits in the past.
"We are in a situation where Mercedes is really strong and this is something for us to meet and the Red Bull, if you look at Hungary, we were much quicker than Red Bull, it is not a drama we just need to fine tune and fix," Arrivabene said.
"If we are looking for Mercedes they are strong but in Singapore last year when they have races where they are less strong and are beatable. This is a fact of life."
While acknowledging Red Bull's recent form, Arrivabene believes Ferrari's slip to third in the standings is more down to its own struggles with downforce this season.
"I have to say that they have improved quite well and that is something that was in our mind because we had a problem that we notice but it doesn’t mean that we are going to surrender. It is something we are going to think about and react to."
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