McLaren has pulled the wraps off its much anticipated Honda-powered challenger ahead of the 2015 Formula 1 World Championship, the MP4-30.

Heralding the return of Honda Racing to F1, seven years after it exited the sport as a constructor, the MP4-30 rekindles the relationship between McLaren and the Japanese manufacturer, more than two decades after the collaboration yielded four consecutive drivers' world titles between 1988 and 1991.

The new livery, which had been kept a closely-guarded secret, combines the recognisable silver livery as used by McLaren in recent years, with influences from Honda's corporate red, as well as black side-pods.

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From the outset, the car features a flatter nose than its most recent predecessor, while McLaren says there has been elements of evolution and 'new technical DNA', including a slimmer rear-end package around the gearbox and the special incorporation of the new Honda power unit, the RA615H Hybrid.

"McLaren Technology Group is driven by the relentless pursuit of technological perfection, and, perhaps more than any other element of our portfolio, Formula 1, which is the remit and responsibility of McLaren Racing, and now McLaren-Honda, most famously epitomises that," says Ron Dennis

"McLaren-Honda is a partnership focused on performance, technology and innovation, and there's no better example of that than the results achieved in our first collaboration in the 1980s and 1990s. I was Team Principal all those years ago and, while I don't tend to like looking back to the past, our previous record of sustained success was certainly instrumental in creating the confidence to make the decision to partner with Honda again.

"Now, there's real hunger to demonstrate the capabilities of the huge talent pool we share between us, and I'm totally committed to driving progress and achieving further success.

"Although our renewed alliance began again many months ago, the launch of the McLaren-Honda MP4-30 marks the start of a lengthy journey. We've come a long way already and, although there's a lot of work to do before we can expect to repeat the level of success we enjoyed together 25-or-so years ago, it's already clear that there's enormous synergy and potential in our partnership, and I'm positive that, together, we'll get to where we want to be: winning Grands Prix and eventually World Championships as McLaren-Honda."

The McLaren-Honda MP4-30 will get its first run at the Jerez pre-season test in Jerez this weekend.