Lewis Hamilton has downplayed Fernando Alonso's claims that Mercedes are the favourites to win at the Monaco Grand Prix but admitted that they do have a good chance of victory.
The Spaniard previously claimed that the Silver Arrows' dominance in qualifying, coupled with the difficulty in overtaking around Monte Carlo's tight circuit makes Hamilton and teammate Nico Rosberg the likely winners.
However, while he denied that his team are the favourites, Hamilton conceded that winning in Monaco is not out of his reach.
"It's a good opportunity," said Hamilton. "But you never know what the other teams are capable of.
"Mercedes were competitive here last year, and we have better a car this year, so we should be competitive. But the Red Bull, the Lotus and the Ferrari will be massively competitive too, so let's just wait and see."
The Monaco Grand Prix takes place on Sunday.
