Mercedes now have a fifty-five point lead over Ferrari in the constructors' standings, whilst Sebastian Vettel leads Lewis Hamilton by just one solitary point in the driver's championship.
Vettel saw his lead in the overall standings slashed from 20 to just one point at the last race in Silverstone as Hamilton romped to victory while a puncture pushed the Ferrari driver to seventh.
After his supreme performance in dominating the British Grand Prix, Hamilton will arrive full of confidence, but mindful of the dangers of complacency, thanks to a timely reminder from Mercedes team-mate Valtteri Bottas.
There may be a lot to play for at this weekend's Hungarian Grand Prix but Lewis Hamilton appeared to be in a relaxed mood as he met fans ahead of the first practice session.
"The last couple of races weren't fantastic, but we know the auto is strong, so that's good news". We don't want to do that, we want to be feeling on our back foot. We want to be feeling on our back foot, we want to be able to improve the auto and we know it is very track specific.
"Baku is a special one, but the next race in Budapest is completely different. Let's see how we get going", Vettel told reporters. "We know that we have still work to do and plenty of things we need to improve on".
Bottas' caution is timely as Vettel and Ferrari are sure to launch a fightback and will be focused on preventing Hamilton and Mercedes securing any kind of advantage.
Hamilton has chipped away at the 25-point lead Vettel had after Monaco in May, winning two of the four races since.
"I think we should look at the positives rather than looking at just one race where things didn't go well for us and turned out to go well for them".
Mercedes motorsport chief Toto Wolff had a similarly cautious approach regarding Hamilton.
"Mercedes have had weekends like we had at Silverstone so I'm not stressing too much".
"But I'd like to see Budapest and how the vehicle works on a low-speed, high temperature track and then maybe have a more complete picture".
But championship leader Vettel has moved to clarify his situation and says more Ferrari talks will take place over the summer break following this weekend's Hungarian GP.
Vettel won in Hungary two years ago and will hope that the trend continues that no driver wins two races in a row this season.