The Swiss tennis great made the confession yesterday at the unveiling of the new tournament scheduled for Prague in September which will pit a Bjorn Borg-captained European team against John McEnroe's rest of the world.
Federer, who beat Nadal in an epic five-set Australian Open final last month, admitted yesterday: "I've always wanted to play with Rafa... Just because our rivalry has been so special.
"I've seen his wicked forehand go past me too often!"
The new addition to the tennis calendar is named after Rod Laver, the last man to achieve the calendar Grand Slam in 1969.
Federer, the world number nine, is due to figure with sixth-ranked Nadal at the September 22-24 event.
The Laver Cup will be held every year except in an Olympic season, with four matches each day -- three in singles, one in doubles.
Each team comprises six players -- four based on the ATP singles rankings after Wimbledon and two picks by the captains, Borg and McEnroe.
"I think Team Europe are going to be big favourites but because of the setup of the Laver Cup I think the margins are always going to be very slim," said Federer.
Before talking to journalists, the Swiss star played the Czech Republic's number one Tomas Berdych on a boat on the Vltava river in Prague's historic centre on a chilly Monday morning.
Berdych, ranked 14th in the world, said their game under the picturesque Charles Bridge was "a very nice opportunity to show Roger a little bit of the town."
"I thought it was very particular, very unique -- it was definitely a privilege," he beamed before confessing: "It was a bit windy though.
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