Gascoyne, however, believes that a major development on schedule for the Singapore Grand Prix will help close the gap, and that the momentum it - plus the arrival of former Red Bull designer Mark Smith as technical director that will help the team reach the midfield battle next year.
"We said we wanted to be racing in the midfield this year, but we're not," Gascoyne told AUTOSPORT. "We're in a sort of no-man's land.
"But we have made a lot of good progress this year and we're two seconds clear of the other new teams, but we're still a second to a second and a half behind the cars ahead of us.
"It would be nice to be actually racing against those guys by the end of the year and actually picking off the odd Williams and Toro Rosso and then start there [next year] and go on. We can do it, I believe.
"We're shifting the emphasis of development onto next year's car after the summer break, and that should really kick things off.
"Unlike this year's car, which was almost all-new [compared to] to 2010, next year's car will be a development of this year's; same gearbox, same design team, same engine. We'll be able to concentrate on the parts that make the thing quicker rather than having to do it all again."
Williams keep producing a dog.