Daniel Ricciardo has talked up Ferrari's chances ahead of this week's Australian Grand Prix, suggesting the Scuderia could well be the team to set the standard in Melbourne.

Whereas eyes were on Ricciardo and Red Bull ahead of pre-season testing following a return to form last season, it was Ferrari that emerged from testing with the most convincing pace over a single lap.

Raising anticipation that Ferrari has a car capable of challenging Mercedes, though drivers Sebastian Vettel and Kimi Raikkonen have played down the 'accuracy' of its testing performance, Ricciardo reveals the SF70H was also fast over a race simulation too.

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"It proves that Ferrari is quick, they have been quick all test, and they showed it on long runs as well. I don't think we were quick today, we will have some answers for that, but yes we didn't have the pace today, so yeah Ferrari looks strong.

"At the moment they look like they are pretty close to Mercedes pace if not on it. So it is going to make Melbourne interesting,

Meanwhile, Ricciardo says Red Bull is not on a par with either team yet but is satisfied to have a package that he thinks is capable of reaching the top with development.

"I think we will get there. I feel that it is in the car, it will be important to understand a bit more."

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