Last year, Ferrari was the absolute favorite of the pre-season test. However, this year's first week of testing wasn’t as successful for the team.

On Wednesday and Thursday, the first two days of testing, Ferrari lost not only to Mercedes, but also to rivals from Red Bull. And on the final day the team lost a lot of time due to an engine failure on Sebastian Vettel's car.

The principal of Scuderia Mattia Binotto acknowledged a low level of team and superiority of the Mercedes and Red Bull.

"How much faster I think it's really difficult to judge and we'll go through all the data in the next days, but I don't think we are as fast as them [Mercedes and Red Bull] at the moment," Binotto said.

However, Mattia said the team's work over three days was very important to understand the car's performance, to find its weaknesses and strengths, which will help Ferrari prepare for the second week of test, which starts next Wednesday.

"And so three days for us have been very important because at least we have collected all the data now to have a clear picture and better understanding," Binotto explained.

"What will be even more important will be making sure we are developing the car in the right direction. Having said that, it's a very long season – 22 races, potentially. So I think there will be time to recover eventually".