Toto Wolff says it will 'only be a matter of time' before Ferrari is able to get on terms with Mercedes despite his team's comprehensive 1-2 finish in the Australian Grand Prix.

Picking up from where it left off last season, Mercedes reeled off a dominant performance at Albert Park courtesy of Lewis Hamilton and Nico Rosberg, who topped all practice sessions, locked out the front row and were never headed in the race, finishing more than half a minute clear of Ferrari's Sebastian Vettel

Despite this, Mercedes boss Wolff says he has been impressed by the 'jump' made by Ferrari over the winter, suggesting the rate of improvement in that race alone shows it can close the gap, describing half a minute as 'not the world'.

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"We've won the race with about half a minute to the Ferrari," he said. "If you can see the kind of jump they've made from last year to this year, it's really impressive. It's just the first year, but we've seen from the GPS data that the engine is really powerful and the car is really good.

"I'm really happy because all the objectives that we've set ourselves, we've achieved them - the power unit was always the benchmark and now, aerodynamically, what you see on track and on the data, is that we seem to have a very good car in all kind of corners.

"I think it is all a matter of time before Ferrari has it - they have all the resources, all the right people, the right drivers, so it's only a matter of time before the reduce the gap - and half a minute is not the world."

Mercedes' dominance has prompted calls from Red Bull boss Christian Horner to equalise the engine regulations to allow Ferrari, Renault and Honda to challenge.