Toyota’s new LMP1 contender for the FIA World Endurance Championship will be unveiled in March, it has been confirmed.

The Japanese manufacturer has scheduled the launch of the new gasoline-powered hybrid, understood to be named the TS040, on March 27 at Paul Ricard, the day before the start of the FIA WEC’s official two-day pre-season test at the French circuit.

While it’s believed the car has yet to complete any on-track testing, Toyota Racing technical director Pascal Vasselon confirmed late last year that the TS040 will be powered by a development of the TS030’s 3.4-liter V8 engine, while employing front and rear hybrid powertrains.

All six of the manufacturer’s drivers: Alex Wurz, Nicolas Lapierre, Kaz Nakajima, Sebastien Buemi, Anthony Davidson and Stephane Sarrazin, have been retained for 2014, while Mike Conway has been added as a test and reserve driver.