In a lavish ceremony befitting their status as one of the most glamorous teams in Formula One, Ferrari->ke252 has finally taken the covers off of their 2010 Formula One car.

The event was attended by no less than Ferrari Chairman Luca di Montezemolo, team principal Stefan Domenicali and drivers Fernando Alonso and Felipe Massa.

While the launch went by smoothly, the planned test run of the new ‘F10’ at the Fiorano circuit had to be called off at the last minute due to a very uncooperative Mother Nature, which left the test track in a blanket of ice.

The unveiling of the F10, as well as the other cars from other teams, signals the beginning of testing for the 2010 season. As part of their initial test runs, Ferrari is expected to bring the ‘F10’ to Valencia, Spain on Monday, in time for the official start of testing.

Part two of the video after the jump.