Campos insists 2010 F1 preparations on track

Formula One newcomer Campos Meta has brushed off suggestions it won't be ready to compete in the season-opening Bahrain Grand Prix.

However, the head of strategy Daniel Eisen said the team is unlikely to participate in any of February's preseason testing sessions. He added "Bahrain is a test, it's not a first race for us."

Eisen told The Associated Press on Tuesday that the team is waiting to secure sponsors and long-term investors before announcing its second driver, which may not happen until Bahrain. Brazilian driver Bruno Senna has already been signed.

He said the team's development schedule is on track, including wind tunnel testing, and dismissed speculation about financial difficulties.