Fernando Alonso and Felipe Massa are hopeful the new F10 will help them bring the world championship back to Ferrari during the 2010 season.
The new car was unveiled in Maranello on Thursday, and hopes will be high that the Italian squad can return to winning ways following a disappointing 2009 season.
Alonso, joining Ferrari from the Renault team, admitted the unveiled of the new car was an emotional moment for him.
And the two-time champion is hoping the F10 will be strong enough to help him fight for the title this year.
"This is the first time for me, the first presentation for Ferrari, and it is a big emotion for me," said Alonso.
"I want to thank the whole team because they have worked really hard in the last few months to create this dream, this new car, and I want to thank sponsors and partners as they have worked hard and there is a lot of passion.
"We are ready to take this challenge and the responsibility to bring it to 100 per cent of its potential. Felipe and I will be a very strong team and we hope we will make all the Ferrari supporters around the world very proud to see this car winning the championship."
Team-mate Massa was also excited about the new car, which will hit the track this afternoon at Fiorano with the Brazilian at the wheel.
"It is undoubtedly a great pleasure to be here at another presentation of Ferrari, it is a special moment because last year was very difficult," Massa stated.
"I had the accident and everything else that happened. I am proud and very happy and feel that I want to work more than ever, so I would really hope that this will be a very competitive car and we will be fighting for the championship and our Ferrari, the red car, will be in pole position.
"We are really willing to do this and I am happy to be here."