( CNN ) -- Ferrari 's plans to unveil their new car for the 2012 Formula One season have been scuppered by heavy snowfall at the Italian team 's Maranello factory . The legendary marque had planned to showcase the new car , which they hope will win them a first drivers ' championship since 2007 , on Friday . `` There was no let up from the snow last night , which continued to fall on Maranello and the surrounding area and the situation does not appear to be changing this morning , '' the team told the sport 's official website . New car gives McLaren confidence to end Red Bull dominance . `` The forecast is still bad both in terms of predictions of more snowfall and of a further drop in temperature . Therefore , the decision has been taken to cancel the presentation ceremony for the new car . '' Despite the setback , Ferrari -- who have won a record 16 constructors ' championships -- still plan to publish pictures and technical analysis on their website on Friday . British outfit McLaren unveiled their 2012 model Wednesday , while reigning drivers ' and constructors ' champions Red Bull will have an online launch on Monday . Red Bull 's German driver Sebastian Vettel has won the drivers ' title for the last two years and is the sport 's youngest double world champion . The 2012 F1 season will get underway with the Australian Grand Prix in Melbourne on March 18 .
the Australian Grand Prix plans to unveil their Friday Formula One car due to heavy snowfall . Plunging temperatures at the marque 's Maranello factory , in Melbourne , causes postponement . Ferrari now plan to publish pictures and technical analysis on their website on Friday . The 2012 gets underway with the Australian Grand Prix on 2012 F1 season .