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according to www.adrivo.com and www.motorsport-total.com/f1 there will be no Prodrive team in 2008.
I think they still will not be part in 2009.
I hope FIA decides to give Paul Stoddart the free space for a 12th f1team because he has atleast some f1 cars to race with and maybe still data of the PS05 or PS06 somewhere on his harddrives.