After buying out and rebranding the double-title winning Brawn GP team, Mercedes are the reigning constructorsÃ¢â‚¬â„¢ champions, but have so far managed just three podium finishes from 12 races and find themselves struggling to stay ahead of Renault in fourth place with 132 points to RenaultÃ¢â‚¬â„¢s 106.
F1 is currently on its summer break, with all work on the cars suspended for two weeks, but the Brackley-based German team is expected to begin work on its 2011 car soon after, introducing just one more upgrade this season for the Singapore Grand Prix.
Ã¢â‚¬Å“Currently we are certainly not good enough, that is very clear,” said Mercedes motorsport boss Norbert Haug.
“But IÃ¢â‚¬â„¢m absolutely convinced that we need some time and that we can really improve and make the best out of the situation.
Ã¢â‚¬Å“Ross and the team know what theyÃ¢â‚¬â„¢re talking about. ItÃ¢â‚¬â„¢s very clear that they had a world championship campaign last year and were very much concentrated on that.
Ã¢â‚¬Å“And still we do not have a bad car. But things do not fit together always 100%, thatÃ¢â‚¬â„¢s my view, and sometimes you get it better, sometimes you donÃ¢â‚¬â„¢t achieve your targets.Ã¢â‚¬Â
He added: Ã¢â‚¬Å“We have the ingredients to succeed, as we have the team. We need to work concentrated, focused, and we are sticking together as a team,
Ã¢â‚¬Å“And if youÃ¢â‚¬â„¢re not doing that then you are very soon history.Ã¢â‚¬Â
Nico Rosberg has 94 points and is seventh in the driversÃ¢â‚¬â„¢ championship, just three points off FerrariÃ¢â‚¬â„¢s Felipe Massa, while Michael Schumacher has just 38 points and his currently ninth, a long way off RenaultÃ¢â‚¬â„¢s Robert Kubica with 89 points.
MORE: The latest football news
MORE: The latest tennis news
BIOGRAPHY: Eric Bailly