On the day Caterham became the first to launch their new car ahead of the 2012 Formula One campaign, the team are determined to take a step forward.
There are no bold predictions, however, not after last year when a few within the team - then known as Lotus - claimed eighth in the constructors' championship was possible.
Instead, the stark reality was the team again finished without a point, although at least claimed 10th to ensure they will receive a share of the financial pot when it is divvied out by F1 supremo Bernie Ecclestone.
Appreciably, all Fernandes wants this year is for his team to finally break their points duck.
"Target-wise, I have been quoted as saying I want us to score a point this year and that really has to be the aim. It has to be," said Fernandes.
"Towards the end of last year we were so close to the midfield cars, but our lack of KERS (power-boost system) limited our capabilities.
"This year, however, with the people and facilities we have in the factory and the wind tunnel, and with KERS, I am confident we will become a danger to many of the midfield teams.
"And yes, I want us to achieve a point somewhere in 2012 - maybe two if we are very lucky.
"This car represents another step forward for us. The detail right across the whole package is light years ahead of where we were when we first started out.
"We are all excited about seeing what it can do when we get on track."
Caterham were the first team to pass all the required FIA crash tests that for the first time this year have to be completed before the initial test, rather than the opening race.
There is a quiet optimism running through the team, as technical chief Mike Gascoyne said: "We need to see the car on track first and get feedback from the first tests.
"Until we run the car we only have numbers and simulation data to work with, but every team wants to move up the grid and we're no different.
"We finished 10th the last two years, which has been our target, but now I think it's time we moved forward again.
"The car build has gone very smoothly. I think we'll be able to have a better and more competitive car.
"We look forward to getting it out, testing it, and proving what the numbers are telling us."
The benefit for Caterham this season is that blown diffusers are now banned, but the most significant development on the cars for 2012 is a new style 'stepped' nose where the front suspension meets the chassis.
It has been described as looking a little akin to a duck-billed platypus, and has led to many describing the car as "ugly".
Despite that, Fernandes said: "Personally I love this car.
"It's very flattering people want to talk about it and our team, but the main consideration is it is quick.
"As long as it is quicker than last year's car, I don't think the looks matter, and I'm sure when all the other cars are unveiled we will see a pretty common thread running through all of them.
"I actually think it's beautiful. It's different, and different does not equal ugly.
"In fact, I think its difference is what makes it beautiful, but then I am probably a bit biased."