Spyker hands over F1 Team to new owners
Today, Spyker Cars NV announced that it has now handed over its Formula One Team to the consortium of Watson Ltd. from Dr. Vijay Mallya and Strongwind from the Mol family. The team has been sold for €88 million. In a press release Spyker Cars said: "Today, after the signing of the official documentation, management of the Spyker Formula One Team has been handed over to the new owners: Orange India Holdings (a consortium of Dr Vijay Malya and the Mol family)."
