Here are launch photos of the Lotus T127. After seeing the spy-shots, there isn't really much new to see except a bit of the detail.
The overriding feeling I have looking at this car is disappointment. The nose looks positively agrarian, with no kink -- only two token bumps on top of the suspension mounts. While the front wing looks excitingly complex, the attachment between the nose and the wing itself looks primitive. From the air box back, the rest of the car is positively boring.
While it is good that a new team understands that instant success isn't likely at all, it is a bit discouraging to hear that Truly is already cautioning against optimism.