Hispania Racing team boss Colin Kolles today unveiled his marque's new car that he feels has the capacity to cause a surprise this season.
With some parts held up at customs, it means the F111 will have to wait until Saturday on the final day of pre-season testing for its track debut at Barcelona's Circuit de Catalunya.
It is a marginal improvement on last year as Hispania's first model did not take to a circuit until first practice in the opening grand prix in Bahrain.
Despite the obvious lack of running and preparation, Kolles has no doubts the new challenger is at least far quicker than last year's car, which had reliability on its side.
Unwilling to make specific predictions, Kolles said: "If I open my mouth too much now it's not good. I don't know."
Speaking to Autosport he then added: "I think our car is quicker than last year's car. Significantly.
"We have a Williams rear end, a Cosworth engine - this is a package you can get into the top 10 in qualifying, and finish sixth in the Championship. There is nothing wrong there.
"We have an improved aero package so everything looks more promising. We have drivers with much more experience so this should all be better. On paper it looks better, I think."
If Kolles' remarks are proved correct and the car is quicker, he at least feels drivers Tonio Liuzzi and Narain Karthikeyan will be in a position to capitalise on the misfortune of others.
"We know we don't have the quickest car. That's very clear," said Kolles.
"We can discuss how to take a risk and get one tenth more on something, but this is not our strategy.
"Our strategy is to be reliable, to finish races, to have experienced drivers to take advantage of certain situations."
The predominantly white livery that incorporates orange flashes and a chequered flag design in some areas - created by Hollywood designer Daniel Simon - again lacks sponsors.
Indian car giant Tata Motors, and Karthikeyan's primary backer, is prominent, but on the front-wing end plates there are the words 'your logo', and the sidepods in large white letters 'you'.
Although seemingly evident the team are appealing for new sponsors, Kolles maintains the team's financial situation is reasonable.
"There is a budget that has been signed off, and we are working according to this budget," added Kolles.
"We plan to have updates, we have a development programme. So let's see how it develops.
"Obviously you have to work every day and every night to get more money into every team - not only our team, any team.
"If somebody's telling you they don't need money, they are lying."
Gallery: Hispania Launch Their F111