Joined team launch canceled

According to some latest reports, the joined team launch, which was going to be organized by the 13 Formula 1 teams in Valencia at the end of January, is canceled. The cost cutting plan to organize one major launch for all the teams at one place was canceled as not every team will be ready by the end of January.

One team source told Reuters that "It's been abandoned." "There were not going to be enough cars ready by the date that would have suited all the teams."