A week down the line and Tony Fernandes is still buzzing over Caterham's Monaco result, which saw Heikki Kovalainen bag their best finish, a P13.
Starting 17th on the grid, Kovalainen worked his way up the order and even held off a persistent challenge from McLaren's Jenson Button.
The Finn brought his car home in 13th place, which meant Caterham leapfrogged Marussia in the Constructors' standings.
"I am still on a high after the race in Monaco," said Fernandes. "Moving back into tenth place is important but there are 14 more races to come this season and we are taking nothing for granted.
"However, Heikki's 13th place and the battling performance he and the whole team put in is another sign that all the hard work we have put in over the last two and a half years is starting to pay off.
"Vitaly (Petrov) has not had the best luck in the last couple of races but his hunger, enthusiasm, humour and determination are all evident whenever he is with us so he has everything he needs in his locker to succeed with us long-term."
He added: "I am very realistic about what we have achieved so far, and I know that Monaco is a unique circuit that gave us the sort of opportunity we grabbed last Sunday, but I also know that as we continue through this season we keep making small but significant steps forward.
"During the Monaco race I had some very good news from the factory about a new update we have planned for Silverstone and to see that come in while we were having our best race of the season was another sign that we are doing this in the right way."
Looking ahead to the next grand prix, which takes place at the Circuit Gilles Villeneuve in Montreal, the team owner says he's hoping his outfit can pull of a surprise.
"Next it is Canada, a race the whole team looks forward to and possibly another one where we can spring a surprise. Unfortunately I will not be in Montreal but I will be watching every session and I know everyone wants to build on what we achieved at the last race."