Prodrive's nascent Formula One team will not now make its first revelations at this weekend's British Grand Prix, after team boos David Richards' hopes of stealing some of the event's limelight were put on hold by ongoing negotiations.

The Banbury operation will become Formula One's twelfth - and final - team next season and, keen to dispel continuous rumours that he may be about to sell the entry on, Richards had hoped to be able to reveal some of the details of Prodrive's programme, rumoured to be the identity of a major backer and, possibly, details of who and what the team will run in 2008.

Already expected to become F1's first confirmed 'customer' team, Prodrive has been linked to a supply of McLaren chassis and rumoured to be looking at the Woking squad's testing strength - Gary Paffett and Pedro de la Rosa - for its inaugural driver line-up. Richards, however, insisted that he was still some way from announcing anything.

"It would be nice to have something to announce by now, but the truth of the matter is that we are a few weeks away from sorting a few issues out," he told Reuters on Friday, "There will definitely be nothing this weekend.

"I'm not going to comment on who the partners are, but we have a favoured partner and are working exclusively down that direction. It's all very well people agreeing things and signing heads of terms, but you need to get them properly contracted before you go formal on anything. The issue is making sure we have got robust contracts in place."



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