Ferrari has built a car that belongs at the front. The SF-25’s pace through the medium-speed complexes - Suzuka sector two, the Barcelona third sector - is genuinely threatening. Charles Leclerc has, for stretches this season, been the fastest driver on the circuit on raw merit. None of that is in question.
What keeps coming apart is the strategy layer.
The pattern has been consistent enough now that it’s moved past bad luck. Ferrari’s pit wall has a compulsion to react - to what the car in front is doing, to what the Safety Car timing suggests, to the abstract fear of being undercut - rather than committing to a plan and holding it. The result is calls that feel correct in the moment but unravel two stints later. A driver pitted early to cover a threat that never materialised, now running hot tyres in traffic while the driver he was trying to cover takes clean air and extends. It has happened too many times this season to log as variance.

This is not a new criticism of Ferrari. The frustration is that the problem has survived multiple restructurings of the technical and strategic staff. Personnel changes happened. The behaviour didn’t. Which suggests the issue is less about individuals and more about how decisions get made under pressure - who has authority to override, who defers to whom when two approaches conflict, whether the team actually has a hierarchy that functions in the ninety-second window where a call matters.
Leclerc’s own racecraft has matured considerably. He is managing tyres better, picking his overtaking moments rather than forcing them, and his radio discipline is noticeably improved. He is, in short, doing less of what Ferrari’s strategists used to blame for lost positions. The places where points are leaking now trace back to the pit wall almost exclusively.
The irony is that this is fixable in a way that aerodynamic deficits are not. You cannot manufacture downforce in three months. You can install clearer decision-making protocols, run more aggressive scenario modelling before the race, define a primary strategy and defend it against the noise of what’s happening to the Mercedes in P5. Ferrari already has a car that can fight for race wins. The ceiling on this season is being set by something that has nothing to do with engineering.