That's correct.
Additionally, I think Spies is making a mistake. He should be in MotoGP right now! Definitely by next season. There's no time to wait. Going to GPs as a rookie at age 26 or 27 is too late! One of the satellite Yamaha MotoGP teams wanted Spies next year. That would provide him with the perfect opportunity to jump to Rossi's seat later. Maybe the money wasn't there?