Formula One to have joint car unveiling

Valencia will be the venue for the combined launch (GETTY IMAGES)

Formula One teams are planning to present their 2010 cars together in Spain next month instead of holding individual launches.

"We have agreed among all the teams to do a joint launch," the Mercedes Grand Prix chief executive, Nick Fry, whose team won both titles this year as Brawn GP, said yesterday.

The Lotus F1 team principal, Tony Fernandes, said Valencia was the planned venue for the launch at the end of January. "It is another demonstration of how we are working together [and being] a lot more customer-friendly," Fry said.