Ron Dennis says he has no doubt that McLaren's new era collaboration with Honda will yield renewed success, but accepts the challenges in the short-term are 'huge'.

Honda's return to F1 in 2015 as an engine supplier to McLaren is one of the biggest pre-season anticipations, its relationship with the team evoking the memories of its previous alliance in the late 80s when it dominated the sport and gave rise to the legendary rivalry between Ayrton Senna and Alain Prost.

Indeed, despite a fairly inauspicious start to testing as numerous technical niggles limited its mileage over four days in Jerez, Dennis says the sheer heritage of its relationship with Honda should ensure its latest collaboration will be nothing other than a success

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"As I discussed with my colleagues Arai-san and President Ito, we are ready for the challenge and we will have success," he said. "History shows Honda always succeeds and the McLaren-Honda success of the 80s we plan to reproduce.

"I hope to be with you again in the not so distant future celebrating a world championship. I'm very confident we will win together given time. The first challenge is to win one GP and in the short term finish competitively in Australia with the best possible result."

Lofty expectations aside, Dennis admits the task facing Honda is great in order to bring itself up to speed with Ferrari, Renault and especially Mercedes, but has not doubt that it has the resources to do so.

"Honda is a phenomenally committed company and the task we face in 2015 is huge," he said. "Our competitors have had one year head start which amplifies the challenge, the rules and regulations have never been so complicated. Not just the primary function specification but also the ERS and KERS. The systems have to communicate and function together to produce optimum performance.

"That is not too different to the challenge of two companies of different cultures working together. Therefore we have to work together to work a trust and that is what we have been doing together for the past two years as we approach this first GP and the pressure becomes more from our fans, the drivers, the sponsors, the media."