Yes, but it becomes marginally less important relative to other factors. Maybe not marginally enough that you'd want to do much at all differently, aerodynamically, but marginally nonetheless.


Edit: But it's marginal enough that, in say, a 4-man break road bikes, generally only the front guy does the uncomfortable fake TT position on road bars. For the guys in the draft the marginal gain of doing the TT position is outweighed by its discomfort. This obviously doesn't apply to team pursuit to the same degree...