Mercedes boss Toto Wolff has warned about the dangers of underestimating Ferrari and said that next year will bring the team huge opportunities.

Ferrari were widely expected to challenge Mercedes for the title this season but so far they have failed to win a race and have dropped down to third in the table due to Red Bull’s resurgence. Poor form on the track has been mixed with disarray off it with James Allison leaving his job as technical director and there are doubts surrounding Maurizio Arrivabene’s future.

Nonetheless, Wolff has said that he thinks that Formula 1’s most successful team will always be a real competitor. Speaking this week he said, “I don’t think you can write Ferrari off. They’ve clearly had a tough time recently – I think they switched off very early for 2017. Never underestimate a team with so much resources and so much passion.”

Mercedes has won back-to-back constructors’ titles and are currently 159 points ahead of second placed Red Bull. However, there is a major technical shake-up coming next year and Red Bull is famed for its aerodynamics so Wolff is taking nothing for granted.

He said that the expectations for Ferrari are always very high and that he thinks they are currently improving. On the other hand he said that Red Bull clearly has a more competitive package and next year’s new regulations will give “huge opportunities”.

In the meantime Wolff is expecting Red Bull to fight back for the rest of the season. He said that he was surprised at how things turned out in Hungary having expected Red Bull to do better but pointed out that Hockenheim should have been easier. He said that he expects Red Bull to return in good form for the second half of the season and doesn’t think that his team’s dominance can continue forever.