Since their false dawn at the Canadian GP, Mercedes have been forced to accept the realities of this season. McLaren are comfortably ahead in first, leaving Mercedes to battle with Red Bull and Ferrari for second.
Frustrating as this may be, Mercedes are conscious of what could be achieved when the 2026 regulations arrive.
The Silver Arrows are widely considered early favourites, at least in respect to producing the best power unit.
Despite this prevailing belief, other manufacturers are genuine threats ahead of 2026 – as Toto Wolff acknowledges.
Wolff weary of Ferrari and Aston Martin threat
For most of the 2010s and early 2020s, only four teams – Mercedes, Red Bull, Ferrari and McLaren – have been regular contenders for race wins.

Beyond fighting for victories, these have been the only teams with enough resources to realistically fight for a title.
Of course, thanks to the budget cap and increased presence of manufacturers, the playing field has changed ahead.
With 2026 less than a year away, there is the real possibility for the established order to be disrupted.
Red Bull, for example, could lose their long-standing position at the front of the field as they face the colossal task of making their own engines for the first time.
Meanwhile, midfield teams like Aston Martin or even Williams promise to climb the field and become contenders.
Aston’s partnership with Honda, alongside the acquisition of heavy-hitters like Adrian Newey and Andy Cowell, makes them an altogether new proposition next year.
Williams, meanwhile, started focusing their resources on the new regulations as soon as the regulations permitted.
In combination with Mercedes power, the Grove-based team has legitimate aspirations of fighting at the front.
When asked by Gazzetta about his expectations for 2026, Toto Wolff named two teams as potential threats:
“It’s just gossip, we don’t know anything.
“I expect Ferrari to be very competitive, and Honda has shown how strong they are.
“I expect a lot from them with Aston Martin.”
Wolff also mentioned the ambitious engine projects at Red Bull and Audi, though this appeared more out of courtesy than a genuine recognition of danger.
2026 will be the moment of truth
As previously touched upon, the dynamics of Formula 1 have shifted noticeably over the last five seasons.
Whereas the grid used to have many teams aiming to be the ‘best of the rest’ in the midfield, most projects across the grid have the funding and resources to aspire for race wins.
This means there will be little room to hide or make excuses when the 2026 campaign begins.
Aston Martin, for example, experienced a taste of what being a top team feels like at the beginning of 2023.
Since then, lack-lustre development has defined their trajectory – putting immense pressure on how they perform with the new generation of cars.
With modern facilities, elite engineering personnel and a Championship-winning engine manufacturer already in place, Aston Martin must deliver in 2026.
Toto Wolff also mentioned Ferrari as a potential threat, which is logical considering their resources.
Having gone almost two decades without a Championship, however, the Scuderia will be under more scrutiny than ever as the countdown to 2026 nears completion.
Main photo: Richard Pardon (via Mercedes media gallery)