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Horner says Mercedes 'absolutely favourites'

Red Bull team principal Christian Horner has admitted that Mercedes are currently the favourites to win in Australia or to possibly take the title. The Briton's outfit is struggling not only with the Renault power unit, but with its own RB10 too. Despite admitting things are "heading in the right direction", he concedes they're behind their rivals. "You'd have to say that Mercedes are the favourites, or that Mercedes-powered teams are absolutely the favourites," he told Sky Sports. However Red Bull aren't defeated and Horner is confident they will fight back during the season. "We are on the backfoot, but it's a long year, a tough championship and it's not all won...
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