Shnaider wants to help Spyker

Alex Shnaider, who sold Midland to Spyker, has declared that he is prepared to buy the team back to solve its financial problems. In an interview with f1.com, Shnaider said: "I sold my interest in the team because I judged that it was in the best interests of all concerned, and I have no regrets about doing so. That said, Midland is a secured creditor. We have rescued the team in the past and we are capable of doing it again, if necessary."

"Our first priority has always been to see the team passed to a safe pair of hands - an owner with a commercial brand to be promoted to the public, a person or company with the vision and resources to develop the potential within the team. I believe that Spyker or the Mol consortium will need to bring in a partner to achieve this, or alternatively, they will need to sell the team outright. I think our financial interest will be finally resolved, and I look forward to strolling the paddock with even more ease in the future. If we are forced to take the team back, then we will fund it in the short term while also looking for the kind of commercial partner I just described."