Campos will announce its drivers for its inaugural championship campaign in 2010 "soon", according to team boss Adrian Campos.
Radio Marca this week claimed that Pedro de la Rosa, currently McLaren's third driver, will line up for the Spanish team next year alongside Russian GP2 driver Vitaly Petrov.
Campos told Diario Sport that the names of the drivers will be known "soon" but denied that an announcement this weekend, at the verge of the European grand prix at Valencia, is scheduled.
De la Rosa, 38, told another Spanish newspaper AS: "I have been with McLaren a long time. I have a few more years of racing ability and would return to be with a team even that is not competitive."
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