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Teams planning joint launch event in January 10 Dec 2009

(L to R): Rob Marshall (GBR), Sebastian Vettel (GER), Adrian Newey (GBR) Red Bull Racing Chief Technical Director, Mark Webber (AUS), Christian Horner (GBR) Red Bull Racing Sporting Director and Geoff Willis (GBR). Red Bull Racing F1 Team launch the RB5, 9 February 2009, Jerez, Spain. Tony Fernandes (MAL), CEO Air Asia. Motorsport Business Forum Monaco, Monte Carlo, Monaco, Day One, Wednesday 9 December 2009.

Instead of the traditional, individual pre-season launches, for 2010 Formula One teams are looking to arrange one large event at which they will present their new cars together. Although their plans are yet to be finalised, it is understood the joint unveiling will be held in Spain next month, shortly before the first pre-season tests.

Speaking to news agency Reuters at this week’s Motorsport Business Forum in Monaco, Lotus Formula One team boss Tony Fernandes revealed the gathering is likely to take place in Valencia at the end of January. Although it would be too early for his fledgling squad to display their car, which should be ready in February, Fernandes said he hopes to attend even if it means bringing a ‘matchbox car’.

Also present at the Monaco Forum, Brawn GP CEO Nick Fry promised something unusual for the multi-team launch: "At the moment I wouldn't wish to spill the beans on exactly what we are going to do, but I think it is going to be very innovative."

Team representatives are expected to discuss their plans in more detail during a meeting in Monaco on Thursday afternoon.