Williams driver Pastor Maldonado believes that his team are quicker than Ferrari at present and not far off the pace of Red Bull and McLaren.
The Grove-based outfit were one of the surprise packages of the Australian GP with Maldonado qualifying in eighth and looking on course to secure at least sixth spot before he crashed on the final lap.
While he didn't score any points, Maldonado feels the FW34 is a lot further up the field than expected.
"McLaren and Red Bull look strong, but we are not far away," he is quoted as telling Turun Sanomat.
"We were very close to Mark Webber in the first and second stints. I think we are faster than Ferrari, Sauber and Force India."
Last year was Williams' worst in terms of on-track performance and the Venezualen acknowledges that while the team need to capitalise on strong positions in the future, they are buoyed by their showing at Albert Park.
"We need points in the future, but we are also now more relaxed now," he said.