Pridrive, run by former Benetton and BAR team boss David Richards, will enter Formula One in 2008 as a new 12th team on the starting grid.
Former Formula One champion Damon Hill was elected president of the British Racing Drivers' Club, owners of British Grand Prix circuit Silverstone, on Friday.
Prodrive will join the Formula One series in 2008, becoming the 12th team on the circuit.
Overtaking at the San Marino Grand Prix is about as difficult as passing another car on the narrow, single-lane country roads that surround the Enzo and Dino Ferrari circuit.
Briton Jenson Button boosted Honda's hopes of a first win in Sunday's San Marino Grand Prix after roaring to his fourth top three qualifying slot in a row.
Michael Schumacher saw Ferrari's first win of the season in his grasp on Saturday after securing one of the few Formula One records not already his.
The San Marino Grand Prix could be in for another Fernando Alonso-Michael Schumacher duel.
TOKYO: Indianapolis 500 winner Dan Wheldon will not rule out a dream move to Formula One as early as next year - but it would take an offer he could not refuse.
Renault have boosted Italian Giancarlo Fisichella's hopes of winning in front of his home fans at Imola on Sunday by giving him a more powerful engine than team mate Fernando Alonso.
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