Sebastian Vettel wasn't too concerned by Ferrari's performance during the rain-hit qualifying for the Hungarian GP despite only finishing fourth.

The German has led the way almost all weekend in the dry but when thunderstorms made their presence felt in Budapest on Saturday, the engine advantage that the Italian team holds was wiped out and the Mercedes had a better car in the wet, allowing Lewis Hamilton to take pole.

Vettel never really looked like a threat at the front, as proven by Kimi Raikkonen finishing as the faster Ferrari in third and the 31-year-old was honest in his assessment.

“I don’t think there was an awful lot missing, but we weren't quick enough," he admitted.

“I think it was difficult in the wet and difficult to squeeze everything out of the car. I think the laps that I had were fine, but just not quick enough.

"In the wet conditions we are not as confident as in the dry, so there's some work to do.

"Today was a tricky session and it could have been anything. I think we managed it well until the end, obviously, then we were missing a bit but that’s how it is."

On the contrary, Raikkonen was happy with his car in the rainy conditions and was disappointed not to be closer to pole.

"The nice thing is that the car was driveable and enjoyable in the wet today," the Finn said.

"I think I was a bit unlucky with the last run, we changed the tyres and there was a lot of grip but we got behind the Haas. There was a lot of spray and it was impossible to see and improve.

"There was definitely a chance in these conditions today that I could have put it on pole, but it didn't happen.

"Tomorrow is another day, and we'll keep trying."