Mercedes managed to pick up only 7 points in the last two races, which is the worst two-race total for the team since the last two races of 2012.
“There are lots of things that are not running as smoothly as they have in the past few years,” said team boss Toto Wolff.
“Operationally it is not our ‘A-game’. We haven’t found the real sweet spot through qualifying and the race.
“There is just so much that we need to improve that I just want to get on it right now in order to make sure that we [are] actually able to compete for this championship.
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“We can’t continue losing points like we have done in Monaco and here. It’s just not acceptable for all of us.”
The Austrian is now looking towards the future, and towards solutions to Mercedes’ problems.
“First, everybody has to pick themselves up and I will do this overnight and flying home, and then we just need to get into motion to rectify the gaps that we have.
“We have two weeks and there is time to work on that and the championship is wide, wide open.
“It is very early days so we will make sure that the frustration goes and satisfaction comes,” concluded Mercedes’ team boss.