
Today it has been announced that all 13 Formula 1 teams who will compete in 2010 will have a joint car launch.
This cost-cutting initiative is likely to take place at the Ciudad de las Artes y de las Ciencias complex in Valencia on January 30, and is backed by most teams.
Mercedes Chief Executive Nick Fry said;
“We’ve agreed among the teams to do a joint launch. It’s a demonstration of how we’re working together.”
The boss of the new team Lotus – Tony Fernandes said that the supposed launch on January 30 2010 is too soon for his team, who plan to roll out their car in February. He joked;
“I won’t have a car at that time. I could come with a Matchbox car.”

