Whilst at the Motorsport Business Forum in Monaco, Nick Fry has pretty much confirmed that the group launch will be going ahead. He said:

I wouldn't wish to spill the beans on what we are going to do, but it is going to be hugely initiative. It is going to be a clear demonstration of how we are going to be working together. We are not all going off and doing our own individual launches, so we can do something that is a lot more customer friendly.

FOTA are apparently meeting up in Monaco later to finalise the details.

Update: Autosport are reporting this evening that teams unanimously approved plans for a single group launch in the Spanish City of Valencia.

January has been pencilled in and the next few weeks will be spent working out the format for the event.