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 Post subject: Spyker Consider Team Sale
PostPosted: 14 Aug 2007, 18:45  
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http://f1.gpupdate.net/en/news/2007/08/ ... team-sale/

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Spyker Cars is considering selling some or all of its Formula One team as part of a strategic review to refinance the entire organisation, the Dutch sports car company revealed this evening.


Spyker Cars has received much negative publicity about the state of its finances in recent months and in a statement said it has been forced to source additional funds to secure its position and continue investments.

"Of the various refinancing scenarios being considered, the (partial) sale of the Formula One team is one possibility," Spyker Cars said in a statement.

Spyker's F1 director Michiel Mol is known to be considering buying the team and would therefore step down from his position as CEO and director to prevent a conflict of interest.

The refinancing is expected to be completed by the end of September.

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 14 Aug 2007, 19:07  
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Super Aguri possibly selling part of the team, STR apparently thinking about it and now Spyker clearly having financial troubles.
I hope we don't see the field drop down to 20 odd cars again, we want more not less
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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 14 Aug 2007, 19:46  
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how much!? how much!? i plan to take one, but can i pay via installment terms. 10% down then 5% interest monthly :@:2 :@:2 :@:2 :@:2 :@:2 :@:2 Flag:## Flag:## Flag:## Flag:## Flag:## Flag:##

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 14 Aug 2007, 20:41  
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This no good for F1 that Spyker and Aguri must sell some percent of their teams. After all that coast reduction in F1 it shows that's not enough for small teams. Big teams spend the same amount of money like before. I hope they will stay alive especially Aguri they achieved something already in F1 beating mother team Honda , score points !!! Everything with a little team.
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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 14 Aug 2007, 23:30  
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That's sad news. I remember having read that they had ambitions to score points next year. With Sutil they have a driver that could achieve this success. And they have a beautiful car design too ;).
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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 15 Aug 2007, 12:03  
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Very sad news to hear.

And this comes in a time when FIA is doing its utmost so that expenditure in F1 is reduced and not increased.

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 15 Aug 2007, 12:08  
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it isnt good newsat all, i just hope it doesnt make mosely put on his 'cost cutting rule change' hat on and make up more of those stupid rules with engines lasting 5 races or whatever!

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 15 Aug 2007, 12:13  
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WDC wrote:
it isnt good newsat all, i just hope it doesnt make mosely put on his 'cost cutting rule change' hat on and make up more of those stupid rules with engines lasting 5 races or whatever!
well, we already know that engines should last 3 races in the next couple of seasons.

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 15 Aug 2007, 12:35  
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maltafan wrote:
Very sad news to hear.

And this comes in a time when FIA is doing its utmost so that expenditure in F1 is reduced and not increased.

Yeah you're right, very bad timing, i just hope that our dutch team stays in the F1 ::oops:;

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 02 Sep 2007, 14:04  
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So Spyker have been brought and will be re-named again.
bad for the team and Good For India and Narain :@:2 Maybe the new Driver
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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 02 Sep 2007, 16:43  
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Very good but still 30 days for to be deal accomplish!
:lol: New drivers NK & Sutil .. :@:2

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 02 Sep 2007, 18:08  
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iceman1 wrote:
UpdateF1
So Spyker have been brought and will be re-named again.
bad for the team and Good For India and Narain :@:2 Maybe the new Driver


yeah definitely! sad to see spyker go so soon :(

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 02 Sep 2007, 22:51  
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Its a shame, but aslong as its keeping a team on the grid its the best for the sport... It is sad though to see a team go... I really want Jordan back !grin! (just so I can hate them again :@:2)...
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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 03 Sep 2007, 19:10  
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I'm Glad that they have been bought and are still on the grid as no-one wants to see another team go.

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 Post subject: Re: Spyker Consider Team Sale
PostPosted: 03 Sep 2007, 23:08  
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Joined: 03 Sep 2007, 22:21
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this team has absolutely no hopes of surviving in f1...
the owner has changed more than 4 times in the last 4 years, not including the engine manufacturer changes...
this is absolutely rediculous!!!
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