Defending F1 2010 world champion Sebastian Vettel has conceded Red Bull Racing will need to 'raise its game' this weekend in Hungary if they are to compete with McLaren and Ferrari.

Vettel, who had to settle for fourth at the Nurburgring last weekend, was second best in first practice this morning. However in FP2 he slipped back to fifth and eventually ended the day more than half a second off the pace.

"I felt a little bit better in the car, but it's not like last year, it seems very tight and McLaren and Ferrari are quick. I think we need to raise our game if we want to be at the front," Vettel confirmed.

"I am not sure if KERS and DRS will have such a big effect this weekend, but I think the new tyres will be a major factor.

"I've just stepped out of the car, so haven't seen what the others did - I think they will be the most important thing to look out for, in terms of managing the tyres for one lap, but equally for getting the most out of them for a whole stint. It will be a tough one.

"The bandage on my hand? It's just a little thing, but you know how it goes with us men, we like to make a big fuss!"

Team-mate Mark Webber meanwhile was fourth quickest in both sessions in the sister Renault-powered RB7, despite an off in FP1, when he spun at Turn 9 and hit the barriers.

"I made a mistake this morning when I got on the damp kerb," explained the Aussie. "I've seen a few of those over the last few years, but drivers still don't learn - we still go out there and push! I clipped the 'turf and hit the barrier, but fortunately only the front wing was damaged.

"We recovered pretty well this afternoon and got a lot of mileage in. The car ran well and we have lots of info to go through tonight. The tricky thing is the tyres.

"Ferrari and McLaren are certainly performing well, as they have done at the last few races - it's no big surprise that they are doing decent lap times and it's a race between all of us."