Daniel Ricciardo says Red Bull can be satisfied with a competitive start to the Hungarian Grand Prix even if he admits the half-second margin to Mercedes ahead is 'pretty genuine'.

Red Bull came into the weekend being tipped by rivals as a potential challenger for victory around the high downforce Hungaroring, but while Daniel Ricciardo would end Friday practice comfortably ahead of Ferrari, he remained 0.6s behind pace setter Nico Rosberg.

Indeed, the Australian was impressed with his feeling in the RB12 but while he feels there is a strong chance of a podium challenge this weekend, he admits Mercedes will be tough to beat.

F1 RESULTS: Hungarian Grand Prix FP2 results from the Hungaroring

"We are looking pretty good," Ricciardo, who was second to Rosberg in the absence of Lewis Hamilton, said. "Obviously we'd like to be a bit closer to the Mercedes, but at the moment we are sitting second best. A bit quicker than Ferrari today, so I think we are more or less where we expected to be. We knew it would be close with Ferrari, and if we can keep our nose in front that would be nice.

"We looked OK the super soft not great but the soft was looking better. Had a little bit going on in the last run, but generally we are in a pretty good position for Friday.

"I would say [the gap to Mercedes] is pretty genuine. If we are close on Friday it sort of doesn't change too much on Saturday. So I would say that today is probably quite representative."

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