Panasonic Toyota Racing has issued a warning to its Formula One rivals - and a rallying cry to those within the squad itself - by insisting that it will be back on the pace and in the hunt for victory at this weekend's Turkish Grand Prix.

The Cologne-based outfit started the year strongly, with podium finishes for both Jarno Trulli and Timo Glock but, since annexing the front row in Bahrain, its performances have taken a tumble, with the TF109 going from first to last in the space of two races and occupying the back row at the most recent round, in Monaco.

While the naysayers have been quick to claim that Toyota is again poised to lose its way in F1 and drift back into the obscurity of the midfield as it fails to capitalise on a strong early package, team president John Howett insists that Monaco - and, to some extent, Barcelona before that - was just a blip in what promises to be a good season.

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"In terms of results, clearly we have not achieved what we expected in the last two races," he admitted, "but I firmly believe that our car is inherently very competitive and we will have the results to show that in the coming races.

"It was reasonably strong in Barcelona, particularly in the medium-high speed sections of the lap. Unfortunately, we had poor starts and this compromised the race, with Jarno involved in an accident and Timo stuck in traffic. Without that, we had a very good chance of finishing in the top six, which would have been a decent result.

"Monaco was obviously not acceptable, but it is a unique layout and I have no doubt we will be competitive again in Turkey. We have new parts coming for all of the next races, so I believe you will see Toyota fighting at the front again very, very soon."

Howett revealed that the writing was on the wall for Monaco during the Barcelona weekend, but that the team had been hard at work in an effort to correct the problems that previous developments had failed to overcome.

"In Barcelona, we saw that, in sector three, the slowest part of the track, our car was not performing as well as expected - and this was magnified in Monaco, where the whole track is low speed," he conceded, "Basically, our car is not particularly strong on slow-speed sections and we have to improve this.

"The team back in Cologne has worked extremely hard to understand what happened in Monaco. We have analysed the situation based on the actual weekend data, specific wind tunnel tests and even a straight-line aero test, and a solution is now being developed from these results.

"I believe we have a very good chance in Turkey. We are third in the constructors' championship and, with the exception of Monaco, we have been competitive everywhere this season. Both our drivers are performing really well at the moment and we know our car is fundamentally strong on normal circuit layouts, so we are optimistic."

Much has been made of Toyota's need to succeed - that is, to win - in Formula One if its Japanese paymasters are to continue funding the programme but, despite both the recent dip in form and rumblings of discontent over the proposed rules package for 2010 and beyond, Howett insists that the team will be on the grid if FOTA's demands for the future are met by the FIA.

"We have consistently said we want to continue to participate in F1 and, if our conditional entry is accepted, we will commit to the sport until at least the end of the 2012 season," he concluded, "If and when that happens, the unfounded rumours surrounding our future should stop."