Bad news Spyker Squadron

Garp · 27 May 2007, 10:40 (Ref:1921986)

Looks like Spyker automobielen N.V. is looking for a buyer for Spyker Squadron B.V.

http://www.ad.nl/economie/article1392036.ece

The article states that the costs of SSQ were far higher than
estimated. So the new CEO states that with the arrival of the F1 team
the need for SSQ has decimated. with cost of 5.000.000, and income of 250.000,- it needs to find some more income.

If SSQ can't find a buyer the team will quit their operation.

Any body some thought about possible buyers? (if that's possibel)

brielga · 27 May 2007, 10:52 (Ref:1921992)

Don't believe everything you read, there are difficulties but those figures are most probably incorrect.

AU N EGL · 27 May 2007, 12:45 (Ref:1922049)

5,000,000 for the GT1 team is right on.

Annual team budgets being 7-10,000,000 for top teams and around 5,000,000 for field filler teams.

Racing is not cheap.

ger80 · 27 May 2007, 12:45 (Ref:1922050)

A buyer for Spyker Squadron B.V. ? What do you buy if you buy Spyker Squadron B.V.? 2 race cars, some technical equiment, and what more? Maybe a good position for a 2008 Le Mans entry....
Sorry, but I think there is no real buiness cause behind ...

AU N EGL · 27 May 2007, 15:01 (Ref:1922162)

Quote:

Originally Posted by ger80

A buyer for Spyker Squadron B.V. ? What do you buy if you buy Spyker Squadron B.V.? 2 race cars, some technical equiment, and what more? Maybe a good position for a 2008 Le Mans entry....
Sorry, but I think there is no real buiness cause behind ...

Buildings, equimpnet, cars, spare parts, haulers, emplyee contracts, contracts or rights to sponsors. More intangable rights, then just two race cars.

ger80 · 27 May 2007, 16:23 (Ref:1922226)

Quote:

Originally Posted by AU N EGL

Buildings, equimpnet, cars, spare parts, haulers, emplyee contracts, contracts or rights to sponsors. More intangable rights, then just two race cars.

I dont know, but I think all this is shared between Spyker and Spyker Aquadron in the past.

Graham Goodwin · 27 May 2007, 16:36 (Ref:1922233)

Quote:

Originally Posted by AU N EGL

5,000,000 for the GT1 team is right on.

But this is of course a GT2 team

brielga · 27 May 2007, 19:39 (Ref:1922334)

Quote:

Originally Posted by ger80

I dont know, but I think all this is shared between Spyker and Spyker Aquadron in the past.

Correct, thats why the 5 mil is too much....

Stephan2738 · 27 May 2007, 19:41 (Ref:1922338)

I think that Speedy Garage will take over Spyker Squadron and run two Spyker Spyder GT2-R's next year.

ger80 · 27 May 2007, 20:15 (Ref:1922353)

Quote:

Originally Posted by Stephan2738

I think that Speedy Garage will take over Spyker Squadron and run two Spyker Spyder GT2-R's next year.

Why should they buy a complete team?
Who will do the development for the race car in the future? If Spyker itself isnt racing anymore, where is there interest in investing money into the GT2 car?
They have F1 for PR ....
Sounds a little bit like TVR from my point of view
I dont know whats wrong in Spyker, but I think they started to many projects ... And I am affaid that it is not very good for them to put the complete engineering to India. Who wants to pay a lot of money for a car thats designed in India? Yes, I know, many companies do that, but you can read in the career section on the Spyer homepage.
No, I have no problem with India ....

Stephan2738 · 27 May 2007, 20:42 (Ref:1922364)

Quote:

Originally Posted by ger80

Why should they buy a complete team?
Who will do the development for the race car in the future? If Spyker itself isnt racing anymore, where is there interest in investing money into the GT2 car?

Speedy Garage is allready a Spyker partner. Joe Pesci, the owner of Speedy Garage, is a Spyker dealer and has shares in the Spyker company. They field a Spyker in LMS this year and 4 of the 6 drivers that will drive for Spyker at Le Mans are Speedy Racing drivers.

I don't know for sure that they will take over Spyker Squadron but it seems, i think, the next logical step.

Marcel ten Caat · 27 May 2007, 21:00 (Ref:1922372)

Joe Pesci would love to own it i think...but it's Alex Pesci who owns Speedy Garage.

neiltbag · 27 May 2007, 21:12 (Ref:1922379)

Quote:

Originally Posted by Stranger

Joe Pesci would love to own it i think...

"How am I funny? Funny ha ha? Funny like a clown?"

Stephan2738 · 27 May 2007, 21:35 (Ref:1922391)

Quote:

Originally Posted by Stranger

Joe Pesci would love to own it i think...but it's Alex Pesci who owns Speedy Garage.

Yes! That's the one i meant!!

AU N EGL · 27 May 2007, 22:11 (Ref:1922404)

Quote:

Originally Posted by Graham Goodwin

But this is of course a GT2 team

Price is still approprate. A buyer will pay what they think is right.

But then again, many sellers are too proud of what they are selling.

OTOH, I guess some ppl just dont realize how much racing costs.

GTfour · 27 May 2007, 23:05 (Ref:1922430)

This worries me for their Le Mans attack...does anyone know about the funding for that?

The Badger · 28 May 2007, 05:35 (Ref:1922523)

As much as i like the little Spyker and they have made advances since last year ..... i feel there is a lot more ongoing support from Ferrari or Porsche . So , why should someone invest in a car that so far hasnt done very much at all ?

Good luck to them though .....

The Real DMN · 28 May 2007, 08:07 (Ref:1922559)

Quote:

Originally Posted by The Badger

i feel there is a lot more ongoing support from Ferrari or Porsche

But thats why we need the Spykers, the Panoz's, the TVR's and the Morgans. So GT2 does not become a closed shop 2 make class.

The Badger · 28 May 2007, 08:31 (Ref:1922564)

I agree with you but , tell me why someone would want to invest mega amounts in a team when the car probably will not beat a 430 or a 997 , yet anyway . Even if the Spyker has improved over last year , so has ferrari and Porsche ..... so the goal post is ever moving on Spyker .

I love that little car , in fact if i had the money , i would buy one !!!

The Real DMN · 28 May 2007, 08:38 (Ref:1922567)

Because the ACO has always favored the different when it comes to giving out invites?

kingkai · 28 May 2007, 09:15 (Ref:1922588)

Quote:

Originally Posted by The Badger

I agree with you but , tell me why someone would want to invest mega amounts in a team when the car probably will not beat a 430 or a 997 , yet anyway . Even if the Spyker has improved over last year , so has ferrari and Porsche ..... so the goal post is ever moving on Spyker .

I love that little car , in fact if i had the money , i would buy one !!!

Well some people want to race GT2. Buying spyker squadron would be logical, instead of making your own. Why start from zero, when you can start half way through? If I win the mega jackpot I would buy spyker instead of turning a, lets say a audi r8 or a megane into a GT2 racemonster. It would cost me much more investment and grey hairs (even if I am 21

).

The Badger · 28 May 2007, 09:35 (Ref:1922605)

Quote:

Originally Posted by The Real DMN

Because the ACO has always favored the different when it comes to giving out invites?

That is not reason enough for somebody to shell out heaps of cash , so they get a LM entry .

The Badger · 28 May 2007, 09:37 (Ref:1922610)

Quote:

Originally Posted by kingkai

Well some people want to race GT2. Buying spyker squadron would be logical, instead of making your own. Why start from zero, when you can start half way through? If I win the mega jackpot I would buy spyker instead of turning a, lets say a audi r8 or a megane into a GT2 racemonster. It would cost me much more investment and grey hairs (even if I am 21

).

teams are there to win ..... and as i said above ..... Spyker hasnt proven anything yet ? Great shame that !!!

For that same reason , why doesnt somebody invest in WR then ..... they are already half there and almost guranteed an LM entry !!!

brielga · 28 May 2007, 10:20 (Ref:1922640)

Quote:

Originally Posted by AU N EGL

Price is still approprate. A buyer will pay what they think is right.

But then again, many sellers are too proud of what they are selling.

OTOH, I guess some ppl just dont realize how much racing costs.

I know how much racing costs, it's the specific case (where e.g. some facilities are used that are not owned by the racing team) that modifies the amount sometimes, that's all...

AU N EGL · 28 May 2007, 10:46 (Ref:1922664)

Quote:

Originally Posted by brielga

I know how much racing costs, it's the specific case (where e.g. some facilities are used that are not owned by the racing team) that modifies the amount sometimes, that's all...

True, True, but then again as you know, EVERY thing is negotiable.

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