Prodrive announced, officially, that it will not compete in the 2008 F1 season. Prodrive was hoping to get a chassis supplied by McLaren for the 2008 F1 season. A dispute over the legality of customer cars put this plan on hold as well as Pordrive's entry in the season.
"Prodrive has always been committed to competing in Formula One with what has become known as a ‘customer car’", "It has been well known that our entry was made on this basis and that our entire business model was built upon this premise.", said a statement issued by Prodrive.
"This legal challenge and continuing delays to the new ‘Concorde Agreement’ represent a fundamental change in circumstances,
therefore we must now realistically rule out the possibility of Prodrive being on the grid in 2008."
