Lotus Renault planning pre-Valencia launch 5 January, 2011 Jan.5 (GMM) Lotus Renault will become the next team to announce a late January launch date for its 2011 car. So far, most formula one teams are planning to reveal their new single seaters shortly before the first group test gets underway at Valencia on 1 February. “The launch of the new car (is) planned for the final week of this month,” Ferrari announced on Monday. Also planning to be at the Cheste circuit near the Spanish port city with their 2011 cars are McLaren, Sauber, Red Bull, Toro Rosso, Lotus and others. Renault, meanwhile, will show its new black and gold Lotus Renault GP livery on the 2010 car at the Autosport International show late next week, before the new car is seen for the first time at Valencia on the eve of the first test.