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Is Ferrari really in the hunt at the Monaco Grand Prix?

MONACO -- Looking at the results from Thursday's practice session at the Monaco Grand Prix, you could be forgiven for thinking you were back in 2017.

That was the last time Ferrari looked truly competitive on F1's most famous street circuit, and the only time it has won here in the last 20 years.

But Thursday's times were genuine and a warning shot to Mercedes and Red Bull, who have dominated the 2021 season up to now.

Charles Leclerc finished Thursday's second practice with the fastest time -- a 1:11.