Mercedes technical director James Allison has admitted the team is not as satisfied as it would like to be with its dominant start to the F1 season.
The Silver Arrows headed into the summer break leading both championships, with Kimi Antonelli holding a 50-point advantage in the drivers' standings over Lewis Hamilton and Mercedes 72 points clear in the constructors' fight after 11 rounds.
However, Allison believes the figures do not tell the full story, with Mercedes having left a significant number of points on the table during the opening half of the campaign.
The team won the first six grands prix of the season, but has taken just two victories across the subsequent five rounds, while reliability problems have repeatedly undermined its advantage.
George Russell retired from the lead in Canada after a power unit-related issue, while Antonelli was running second in Barcelona when a late failure brought his race to an end. Mercedes subsequently identified battery problems within its HPP power unit as the cause of the failures.
The reliability concerns have also affected Mercedes' customer teams, adding weight to the sense that the new-for-2026 power unit has not been as dependable as the team would have wanted.
Mercedes team principal Toto Wolff has been particularly outspoken on the matter, previously insisting that the team "can't compete for a championship" if it continues losing major points through reliability problems.
Ahead of the Hungarian Grand Prix, Wolff again acknowledged that Mercedes had failed to convert its performance into results, describing the lost points as the product of "self-inflicted issues".
Antonelli has nevertheless emerged as the leading force in the championship, while Russell has endured a more difficult run of form and trails his team-mate by 59 points.
For Allison, that makes Mercedes' position simultaneously impressive and frustrating. Asked whether he was satisfied with where the team stood heading into the break, he offered a surprisingly blunt assessment.
"It may sound a little churlish, but probably not as satisfied as I would like to be," Allison said on the latest episode of the Nu Silver Arrows podcast.
"If somebody had offered us that position before the season started, I'd have taken it immediately. But given the competitiveness of the car we've had this year, I think we should have scored more points than we have.
"There's a degree of frustration about that across the team. At the same time, it means we're looking forward to the second half of the season and the opportunity to put some of those missed opportunities right."
Also interesting:
Join RacingNews365's Nick Golding and Samuel Coop as they dissect the biggest storylines looking ahead to the second half of the F1 season, featuring the likes of Kimi Antonelli, Lewis Hamilton and Max Verstappen.
Rather watch the podcast? Then click here!
Get the latest F1 news from RacingNews365 directly in your Google feed! Click on the link below and you’ll see your favourite F1 website appearing even more often. That way, you’ll never miss any news, analyses, interviews, or exclusives.
Follow RacingNews365 on GoogleMost read
In this article
Never miss a thing from the Formula 1 season! Add the 2026 F1 schedule to your calendar at the touch of a button. Subscribe below and put the dates and times of every race directly on your PC or smartphone, so you don't miss a second from the new season.
Download the F1 calendar Download the F1 calendar
A variant with just the race and qualifying is also available.
Click here to download it..











Join the conversation!