Spyker F1 sale not yet completed

The Dutch sports car maker Spyker have made a surprising admission the sale of the F1 side of their business to Force India is not yet complete.

The team announced the news in a press release stating that Spyker had not yet “fully and definitively” handed the team over to the Orange India consortium led by Michiel Mol and Vijay Mallya. Mol and Mallya have already launched the newly rebranded Force India team and are all set to debut in Melbourne in a little under two week s time.

“A number of issues of minor financial important according to our expectations are still outstanding,” Spyker confirmed. “Unfortunately, as per today, Spyker has still not reached full and final agreement with Orange India.”