Lotus F1 Racing unveiled their 2010 challenger at a launch ceremony held at the Royal Horticultural Hall, London on Friday evening. The covers came off the car, named the T127, after an emotional introduction from team owner Tony Fernandes.

Mike Gascoyne on the Lotus Cosworth T127:

The last few months have been some of the most challenging of my career, but it's been a challenge the whole team and I have thrived on since we first started work on the car up in Norfolk. I'm delighted that we’ve reached this point, and now we have a beautiful car that gives us a great base to work from for the season ahead and a fighting chance of going racing in the right way, with a winning mentality. The hard part starts now, and I know everyone in the team and I are up for whatever lies ahead.

The new chassis was run briefly on Wednesday when Fairuz Fauzy tested it at Silverstone, and is set to take part in next week's F1 test in Jerez on 17 February. The T127 is powered by a Cosworth Engine and will use an Xtrac gearbox.