The Caterham CT03 made its first public appearance just in time for the start of pre-season testing at Jerez.
The CT03 will be powered by Renault engines and is an evolution of last season’s car.
Technical director Mark Smith said the car is “an evolution of CT01 rather than a complete re-design, allowing us to focus our resources on developing areas of last year’s package where opportunities would give us the greatest return, whilst also beginning work on the 2014 package”.
Smith added the CT03 would remain in the same configuration for the first race in Australia. New front and rear wings plus a new diffuser will be added “soon after the start of the season”.
Among the changes to this season’s car are more deeply undercut sidepods. “The diffuser, engine cover and cooling exits have also seen major changes,” adds Smith, “and there are more subtle improvements to other areas of the car, such as the sidepod turning vanes and the lower tea-tray area”.
This is the first car the team have produced since the arrival of new team principal Cyril Abiteboul. “I am very pleased that we have been able to allocate our resources and budgets as efficiently as possible to produce a car that will allow us to consolidate our position in Formula 1 whilst also starting work on the 2014 car as early as possible,” he said.
“From the outside, the most obvious change to CT03 car is the livery. Whilst retaining the green and yellow paint scheme that has become synonymous with our team since 2010, we have refreshed both colours to enhance their visibility on track and give them what will be, we believe, one of the best looking liveries in the pit line.”
The Leafield-based team are feeling optimistic in the upcoming Formula 1 World Championship and hopes to make steady progress towards the midfield.
Last season Caterham only just fended off rival Marussia for the lucrative tenth position in the constructors’ championship standings.
And having begun the Formula 1 life with a pair of Grand Prix winners in the hot seat with the shape of Heikki Kovalainen and Jarno Trulli, financial realities have now forced the team towards less experienced drivers with financial backing.