Solely months after it mentioned it had secured backing from Russian investors, Spyker final week was added to a authorities listing of bancrupt corporations in its residence market of the Netherlands.
Spyker, as soon as the producer of the C8 line of supercars and briefly a Method One workforce, mentioned final August it had secured funding from a number of Russian traders, together with the co-founder of Russia’s SMP Financial institution and SMP Racing motorsport squad.
However in an interview with Dutch outlet RTL News, Spyker CEO Victor Muller mentioned the funding by no means got here by way of.
Two further corporations linked to Spyker, Spyker Occasions and Spyker Companies, had been additionally made bancrupt in current months.
Victor Muller
In his interview with RTL Information, Muller mentioned Spyker in its present state is little greater than an empty shell however he stays hopeful new traders may be discovered.
Underneath its most up-to-date plan, Spyker was to construct examples of the C8 Preliator supercar (proven predominant) that we first noticed in 2017. The corporate would then add manufacturing of the extra attainable B6 Venator sports car first unveiled in 2013, in addition to the D8 Peking-to-Paris SUV that was unveiled all the way in which again in 2006. There have been additionally plans to open a flagship retailer in Monaco and go racing once more through a tie-up with SMP Racing.
The trendy incarnation of Spyker was based by Muller in 1999, and although he loved some preliminary success the corporate has been out and in of economic hassle through the years, due partly to some main blunders. Spyker fielded a F1 workforce in 2007 however the prices had been an enormous drag on the tiny firm and the workforce was offered the subsequent 12 months, changing into Drive India and later Racing Level and now Aston Martin.
Spyker’s greatest setback nevertheless was its failed buy of Saab in 2010. Saab was declared bankrupt the next 12 months and Spyker itself was compelled into chapter 11 in 2014. There was an try to show issues round in 2016 with funding from American electric aircraft startup Volta Volare, although that deal additionally went nowhere and Spyker has been on the hunt for brand new traders ever since.