The first race of the season around Australia’s Albert Park circuit is a highly anticipated one. It’s the keenness to kick off a new F1 season which gives the streets of Melbourne that distinctive feeling of excitement. Its twenty-five points awarded to the winner are no less important than some of the more iconic races on the calendar but it can often disguise the teams’ true form and potential.

The second round of the season, around Malaysia’s Sepang International circuit, will highlight those who have taken a genuine step forward. Equally, the dazzlingly high-speed corners and tantalising long straights of Sepang is also going to emphasize any shortcomings a car might have.

Not much has changed at the sharp-end of the grid which Mercedes still, comfortably, dominate. But behind the silver arrows’ Williams and Ferrari appear to have traded places in the competitive order. Much of the Ferrari turnaround is down to the notorious power unit. Not long ago the Ferrari power unit more closely resembled a slow trotting donkey than its famed emblem of the prancing horse. But the Maranello team has produced a unit worthy of its heritage with a rumoured initial 80 horsepower gain since last year. It even has Williams raising a few eyebrows and admitting that the Ferrari unit may be “a bit quicker” than their Mercedes. This has made such a big change at Ferrari that it’s even spurred to normally tacit Kimi Raikkonen into a notably bullish state. “I believe in the race, we are not far from Mercedes. I’m sure we can be up there and fight at the front,” said Raikkonen.

At this stage no there has been no news on Valtteri Bottas’ readiness after suffering a partial muscle tear in the Oz quali session. If Bottas is not Finn he will undoubtedly be missed by Williams who will likely find themselves in a spicy fight for the podium with Ferrari. The lofty predictions for an all-out fight could not happen thanks to the temperamental weather system in the area.

Of the things that will happen this weekend Red Bull whinging and finding fault with Renault is a given. If their problems were evident Down Under then they will be glaring in Malaysia because Sepang is a power hungry circuit and Red Bull has nothing to feed it. So unhappy is Red Bull with the competitive order that Helmut Marko, Red Bull’s motorsport advisor, has threatened that Red Bull will quit the sport because of its current regulations. Team boss Christian Horner suggests that the FIA should look into an equalising engine performance to close up the field. It’s quite ironic, and perhaps even a bit hypocritical, given Red Bull plethora of victories during Vettel’s four consecutive championship seasons.

Let’s be clear Red Bull may have won four consecutive drivers and constructors championships but it doesn’t have the legacy of a Ferrari or Williams or McLaren so its threat to quit the sport doesn’t elicit the same fear. In the meantime, they’ll do their PR image a huge favour by taking it on the chin and focusing on the track. The form suggest that their fight will be for the lower points paying positions with Lotus and Toro Rosso and perhaps on a good day they may even challenge for a top five place.

Malaysia will provide a more realistic pecking order which will unquestionably be headed by Mercedes. It is ridiculous to suggest that the mighty Silver Arrows will face any form of pressure but it will be fascinating to see Sepang reveal Ferrari’s true progress.