Having completed their takeover of the Lotus team late last year, Renault are set to make several revelations during the event - including a new identity, team personnel and livery, the latter of which they teased on social media (main image) on Tuesday.
Kevin Magnussen is also expected to be unveiled as Jolyon Palmer's team mate for the forthcoming 2016 FIA Formula One World Championship, after Pastor Maldonado - who had originally been set to drive - announced his departure from the Enstone squad yesterday.
If confirmed, Magnussen's F1 return will come four months after he lost his role as McLaren reserve. The Dane made his debut with the team in 2014, scoring a podium in his opening race in Australia, but was then shuffled to a reserve role for 2015 due to the arrival of two-time world champion Fernando Alonso.
The event, which begins at 1315 CET (1215 GMT) will be streamed live via the Renault Sport website.
2016 confirmed launches and roll-outs:
|TEAM||CHASSIS (POWER UNIT)||DATE||VENUE|
|Renault||TBC (Renault)||February 3 (livery only)||Paris, France|
|Red Bull||RB12 (TAG Heuer)||February 17 (livery only)||London, UK|
|McLaren||MP4-31 (Honda)||February 21||Online|
|Haas||TBC (Ferrari)||February 22||Barcelona, Spain|
|Marussia||TBC (Mercedes)||February 22||Barcelona, Spain|
|Sauber||C35 (Ferrari)||March 1||Barcelona, Spain|