Valentino Rossi says he is satisfied with grabbing the front of the second row in qualifying at Silverstone but is uncertain whether he has the race pace to run with his MotoGP championship rivals Jorge Lorenzo and Marc Marquez.

The Movistar Yamaha rider made the vital gains needed on his final flying lap to take fourth on the grid for tomorrow's British Grand Prix and joined the leading trio - Marquez, Lorenzo and Dani Pedrosa - in breaking the 2m 01s barrier.

The Italian feels it was a case of job done in qualifying as he looks to put up a strong fight against his closest competitors for the championship at a circuit which Rossi has traditionally struggled at.

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"I am quite satisfied about today because we were able to improve a lot with the feeling and setting with the bike. We've done quite a good job," Rossi said. "The better feeling made me quite fast in general and there was quite a good rhythm after some laps because at this track the rear tyre is under stress so you need to find the right balance."

Rossi is also confident the improvements he made during the final free practice session will give him a shot at taking the fight to Lorenzo and Marquez, who have dominated this track over recent seasons, but insists there is still more to do.

"Last year I did a very good first part of the race but after six or seven laps I slowed down too much and lost Jorge and Marc who were stronger," he said. "We have tried a lot of things and this afternoon was not so bad. I think the pace of Jorge and Marc is a bit better so we need to improve more if we want to fight with them."

Rossi has outlined a resurgent Pedrosa as a potential threat to his rostrum run in 2015. The former MotoGP champion has finished every race on the podium this season but feels the Repsol Honda rider could cause him a big problem which may have a significant effect on the championship standings.

"At this moment they are stronger than me," Rossi admitted. "On paper I think the situation is Jorge and Marc fight for the victory and Dani and I fight for the podium but the difference is very small. The track is so long if you are able to find a small modification that gives you just a little bit in every corner it will close but we will see.

"If Jorge is able to beat Marc and Dani is able to beat me, I will lose a lot of points so we need to make the best result and not let the two Hondas between us."

Rossi is tied on points at the top of the MotoGP standings with team-mate Lorenzo, with Marquez 52 points back in third.