Barcelona:The Honda Formula 1 racing team unveiled its new RA107 car in Barcelona on Thursday. Honda promised that it is now ready to compete against other top teams this season. Speaking at the presentation, team boss Nick Fry said drivers Rubens Barrichello and Jenson Button were aiming to be fully competitive from the first race to the last. Full constructor The Honda Formula 1 team is not known as one of the main players in the sport. The team bought BAR and returned as a full constructor last year for the first time since 1968 last season. They took their first win since 1967 last August with Britain's Jenson Button in Hungary but could only end the season fourth overall. They were runners-up as BAR in 2004. This season though the team is ready to fight against the best in the sport and believes the new RA107 car is the vehicle to do it in. Honda are the only one of last year's top-four teams to boast the same driver line-up in Barrichello and Button.