SPYKER FORMULA ONE TEAM STATEMENT
Further to the statement of Spyker Cars N.V. dated 14 August
2007, Spyker F1 Team Ltd wishes to clarify its position on
the security of its participation in the FIA Formula One World
Championship this season and beyond.
Spyker Formula One Team principal and managing director,
Colin Kolles, states: 'Spyker F1 Team Ltd is completely confident
that it has the necessary budget to race in the FIA Formula
One World Championship this season. There is no doubt that
we will be racing with our current driver line-up of Adrian
Sutil and Sakon Yamamoto in the Turkish Grand Prix and beyond.
'The recent press statement issued by Spyker Cars N.V should
not be taken as an indication that the team is in jeopardy
of immediate closure. As part of its own strategic review
and refinancing strategy Spyker Cars N.V is considering the
(partial) sale of the Spyker Formula One Team. This is however
but one possibility.
'Should Spyker Cars N.V. ultimately decide to sell, its management
will strive for the final decision to be in the best interests
of the team, its employees and partners and that we have the
means to achieve our goals that have been set in motion this
season.'
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