Rob Smedley says Williams Martini Racing should still be striving for second in the 2014 Formula 1 Constructors' standings, despite slipping 84 points adrift off Red Bull Racing in the overall reckoning.

Having peaked in third place overall following the German Grand Prix, Williams currently holds down fourth position in the constructors' standings, the rejuvenated British team just seven points adrift of third place Ferrari.

However, while Ferrari remains well within range, with eight rounds of the 2014 season still remaining, Head of Vehicle Performance Smedley believes the runners-up spot remains 'achievable' given the team's impressive gains in recent events.

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With this in mind, Smedley says Williams will remain committed to developing and improving the current FW36 and thus won't be turning its attentions to next season just yet.

"With limited resource or with limited development time, which is dictated by the regulations, then we have to make certain decisions about how we develop this car and how much resource we put into next year's car.

"At the minute, we are firing on with the development of this car because we still want to be second in the championship and I think that is achievable.

"It is a little race-by-race basis but we have a loose plan that will be a little bit swayed by how well we are doing in the championship."

Despite a disappointing Hungarian Grand Prix which brought Williams' run of podium finishes to an end, Smedley says the next two rounds at Spa and Monza are opportunities the team must maximise.

"If you look at our results over the last five races, I think we had a race that was a bit anomalous in terms of performance and we have two races where we have to capitalise on the characteristics of the car at Spa and Monza. We think those circuits will suit us and we have to capitalise on that and put ourselves in a good position."

Williams has not finished as high as second in the F1 World Championship since 2003 when it competed with BMW engines and employed Juan Pablo Montoya and Ralf Schumacher on driving duties.

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Let's hope under Claire she won't make the same mistakes that maybe her father has, ever since Frank failed to retain Nelson Piquet, Nigel Mansell, Alain Prost, and Damon Hill, Each of them had brought the World title to Williams, but none of them remained in the team for the following season, new blood is what the team need and now has, good luck to them, as for Massa, his driving over the years leaves a lot to be desired !!!!! In a good car out in front, great, in the pack :( just like Vettel, lol