Spyker’s new CEO resigns, F1 team could be up for sale

Spyker’s interim CEO Michiel Mol has stepped down from the role and will be replaced in the meantime by vice-chairman of Spyker’s supervisory board, Hans Hugenholtz. Mol replaced former CEO and the founder of the Dutch sports car company Victor Muller back in May but his decision to resign from the top job could be more of a strategic move rather than one made from frustration.

New reports suggest that Spyker might sell its Formula One team as part of its financial restructuring plan, and Mol is tipped to be the new buyer. However, to do so, he’d have to step down from the position of CEO and director to prevent a conflict of interest.
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richardp996 - 8/15/2007 2:58:27 AM

+1 Boost

I saw this coming a thousand miles away when it was rumor that Spyker was joining the Formula 1 ranks.

Corsis - 8/15/2007 3:21:12 AM

+1 Boost

Hope they get it all figured out. IMO Spyker has some of the most beautiful cars out there.

Their F1 team is a complete joke on the other hand.

SevorbeupstryIsBack - 8/15/2007 3:34:33 AM

+1 Boost

Big problems ahead at Spyker.

The fact is that Spyker cars don't sell. They just don't.

528i - 8/15/2007 4:20:32 AM

-1 Boost

audi should buy it.

Will_ - 8/15/2007 7:32:41 AM

-2 Boost

Confirmed: Hyundai has bought it.

M53R - 8/15/2007 10:43:32 AM

+2 Boost

I dont see the word 'Toyota' anywhere on this thread, so please keep it out.

SevorbeupstryIsBack - 8/15/2007 11:09:19 AM

+1 Boost

When they find the talent they need.

JUGNU - 8/15/2007 12:02:21 PM

0 Boost

Spyker's main sponsors are from Dubai(UAE)

Ethihad Airlines group and Aldar builders group.

i mean Finance shouldn't be an issue.Tehn went wrong

JUGNU