Is the Scuderia finally beginning to unveil the 'real Ferrari' Nico Rosberg has frequently warned we haven't seen yet in Formula 1 this season?
There can be no doubt Ferrari's new F1 car is better than the last, even relatively compared to Mercedes, but the SF16-H has still been a clear second-best to the W07 over the first two races of the season.
On the face of it, Ferrari squandered its best chance to win with poor strategy in Melbourne and started too poorly to put Rosberg under serious pressure in Bahrain.
Worse, some unreliability has crept in, with Kimi Raikkonen suffering turbo failure in Australia and Sebastian Vettel failing to even take the start when his engine blew a valve in Bahrain.