Maurizio Arrivabene says Ferrari's recent downturn in form, which has seen it drop below Red Bull in the championship, is "not a drama".

Ferrari has failed to live up to pre-season expectations in the opening 12 races of 2016 and is yet to record a single victory. In Hungary Sebastian Vettel and Kimi Raikkonen were both unable to get past a Red Bull, before they had to settle for fifth and sixth in Germany as the Milton Keynes team scored a double podium.

The dip in form comes just after the team parted ways with technical chief James Allison and as it hints a McLaren-style staff restructure is imminent. However team principal Arrivabene thinks it is wrong to suggest Ferrari is in a crisis at the mid-way stage of the season.

"We are in a situation where Mercedes is really strong and this is something for us to meet, and Red Bull ... if you look at Hungary, we were much quicker than Red Bull, it is not a drama, we just need to fine tune and fix," he said. "If we are looking for Mercedes they are strong but in Singapore last year when they have races where they are less strong and are beatable. This is a fact of life."

After Germany, Arrivabene admitted the team has not made sufficient aerodynamic progress since the Spanish Grand Prix in May. However the team principal is confident gains can be made in both aerodynamics and with the engine after the summer break.

"For the engine we have something that is coming and we are quite comfortable with the engine but the aerodynamic development we are going to be stopped in the summer break so it stops the development time. After we stop [for summer] we need to look at the short term and development."