The Banbury-based outfit has had to make do with the 2007 spec car thus far this season and while Petter Solberg and Chris Atkinson haven't been able to challenge for wins, they have both been pretty competitive, with the latter notching up three podiums, including two runners-up spots on the last two rounds in Mexico and Argentina.
The big question is though, when will the new car makes it debut? - and while Finland has long been rumoured and would seem to make sense, as it comes following the summer break, running from August 1-3, Taylor maintains that no date has yet been set.
"We have not decided yet," he confirmed to Crash.net Radio when asked about a likely launch date in the build up to the inaugural WRC round in Jordan this week. "We are obviously getting closer to it.
"Development is going very well so far - we are very pleased with where we have got to. Obviously we started testing a couple of months back now, back near Christmas time actually.
"So far everything is going very well and according to plan. Once we are comfortable we have got the performance and level of durability from testing that we have set to get us to the rallies then we will be making an announcement and bringing the car out.
"But not for a little while yet still."
Crash.net SWRT '08 Car read more
Crash Xclusive Q&A with Richard Taylor