Mercedes team principal Toto Wolff has insisted that the team are not targeting a perfect 21 wins from 21 races this season after their record-breaking start to this season.
Out of the five races so far, Mercedes has managed a perfect five one-two finishes, giving them a 96 point advantage over rivals Ferrari in the constructors' championship.
Mercedes is looking to continue the dominant form next weekend in Monaco after a dominant display during last weekend's race in Spain, where Valtteri Bottas out-qualified teammate Lewis Hamilton by almost seven-tenths of a second.
Hamilton took the lead at the start and ultimately the win, but Ferrari was once again left behind in fourth and fifth.
"First of all, I think you need to stay humble and keep both feet on the ground, " Wolff told Autosport.
“We’ve had five fantastic performances now and five one-twos but we don’t take it for granted. “It’s not just saying it, it’s really the mindset that we have."
Mercedes came incredibly close to winning all 21 races during the 2016 season, only missing out on the Spanish and Malaysian Grands Prix.
In Spain Hamilton and then teammate Nico Rosberg collided, while Hamilton's engine failure in Sepang, handing the victories to Red Bull on both occasions.
Mercedes will be looking to continue its impressive start to the season during next weekend's race in Monaco, but Wolff is skeptical due to the team struggling around the streets of the Principality in recent years.
“The next two weeks are going to be a tremendous challenge for us. We’ve not had the performance in Monaco in the last years," Wolff added.
"Remember how strong Ricciardo was last year in the Red Bull? They were in a league of their own. We need to take one step at a time. The next race weekend looks challenging on paper.”