Sebastian Vettel said he was pleased with the result of the Monaco Grand Prix, despite failing to beat Nico Rosberg around the Monte Carlo streets.

The defending champion had started the race from the second row of the grid but was unable to get ahead of the Mercedes' of Rosberg and Lewis Hamilton on the run to St Devote for the first time.

However, when the Safety Car was deployed for the first time after Felipe Massa went off in the barriers, Vettel was able to jump ahead of Hamilton into second spot and he held the position through the flag - not being able to challenge Rosberg ahead but coming under no pressure from Red Bull team-mate Mark Webber behind.

"Overall I'm happy and pleased with the result," he said, "we know that it's very difficult to overtake here. Congratulations to Nico, he did a very good job and had a very controlled race; I think he had the pace and the tyres to respond whenever we tried to get a little bit closer to him.

"I had a fantastic start, but there was no room! I think I could have gone past both Mercedes, but there was no space and I had to lift. Then Mark came and it was very tight into the first corner. I was a bit surprised by the slow pace of the opening laps - usually you expect two silver arrows in front of you, but they were more like buses today going for a cruise on the first couple of laps. But, the strategy for them was clear and they did a very good job.

"It was a good strategy from our team to get past Lewis. It was hard with the restarts, but we can be happy with the result. It was a good achievement by the team; we seem to like this place. Congratulations to everyone and thanks to all our partners - two cars on the podium is very good."

Team principal Christian Horner meanwhile said he was pleased with the result of the race, with Webber following Vettel home for a double podium finish.

"Second and third with the least amount of time for both our cars in the pit lane today is a very positive team result," he said. "We managed to get both cars ahead during the pit stops and safety car period, in what turned out to be a relatively processional race due to everyone adopting a one-stop strategy.

"At Monaco you can never overtake, so it was all about conserving tyres and managing the pace until the end of the race. As we saw with Sebastian, the pace was there as he set the fastest lap, but today I think second and third was probably optimum from our grid positions."