Daniel Ricciardo says he is confident he has the team around him to 'hold the magic button' it needs to turn around his and Red Bull's dismal start to the season.

Though the Australian - a three-time race winner in 2014 - has scored in each of the opening three rounds, he currently only has sixth, tenth and ninth place finishes to his name as he struggles with a relatively uncompetitive car and technical gremlins.

Indeed, Ricciardo is pledging much of his hope on what he expects will be a substantial upgrade from the start of the European season, beginning with the Spanish Grand Prix in May, to get Red Bull back in the fight.

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"I think there is one magic button, we've got the people behind the team to hold the magic button and I hope that's the one," he said. "I don't want to get too caught up in it, because it's easy to get disappointed, but the team has got the ability to make a big step like that.

Reflecting on the turnaround in fortunes experienced by Ferrari so far this year, Ricciardo thinks Red Bull has capabilities to do something similar.

"Seeing that Ferrari's done it only means it's within reason that we will able to do it as well."