Before even reading the replies my first thought was, that is last years nose and they stuck a ***** on the end.
That is not a good looking car, of course, they could get a very interesting sponsor name on that, ann summers apparently have already put their name forward to sponsor the front end of the car.
I was genuinely wondering if the point sticking out past the front wing couldn't cause in some situation with a relatively high speed shunt, getting stuck in the car infront, hell the Lotus nose almost looks like a train car link or something...... if this car got stuck in another car's exhaust...... I think I might die from the laughing.
EDIT:- I don't have high hopes of the Merc front end looking particularly good from the teaser shots, seems like a potential Ferrari nose with some weird arch/McLaren style action to make it even worse..... but it's hard to imagine any car will be worse than this.