Late February launch for Ferrari F2005.

Ferrari has announced that they will unveil their 2005 car, the F2005, at the end of February.

Speaking to Reuters at Ferrari's annual pre-season retreat, Todt added that the new car should then make its race debut on May 8, at the Spanish Grand Prix in Barcelona, round five of the series'.

"We are going to present the new Formula One car at the end of February," he confirmed.

"We are then going to start the 2005 championship with the F2004B to a specification which takes into account the new regulations and today our programme expects to do the first four grand's prix with the 2004 car.

"Why four? Well, simply considering the new rules, one power unit for two grands prix, we want to do two sequences of two grands prix.

"Then we are going to start from Spain with the new car," added the Frenchman.