Okay...you are right that natural hybrids occur only where the species co-exist. They are indicated by an "x" before the name. For example:
Cattleya xguatemalensis is a naturally occuring hybrid between C. aurantiaca and C. skinneri. This plant would not be considered a species, but a natural hybrid. Species evolve over time and aren't created by sexual reproduction.
A man made hybrid could exist forever, theoretically as long as it was mericloned, etc. Who knows? Maybe one day we'll have an Orchid DNA bank or something.