Spyker declares bankruptcy

The news has been grim for Spyker in recent months, the Dutch carmaker having entered voluntary bankruptcy proceedings to stave off a full foreclosure. However, the inevitable has now happened, with its finances unable to be restructured, and full bankruptcy declared.

it isn’t the first time Spyker has disappeared into the history books, with the company first founded in the 1880s as a bespoke carriage-builder by the Spiker brothers, building coaches for nobility and the aristocracy before declaring bankruptcy in 1908 and 1926.

The name Spyker was revived in 1999, and the company launched its unique C8 sports car (pictured). Spyker itself tried to save Saab in 2011 when GM decided to sell up, and even tried to break in to Formula 1. But those ambitions never bore fruit, and Spyker, like many other bespoke and boutique carmakers in recent times, may finally be finished.

OFFICIAL RELEASE: SPYKER COMPANIES DECLARED BANKRUPT

Zeewolde, the Netherlands, 18 December 2014. Today the District Court of Midden-Nederland, at the request of the administrator, converted the moratorium of payment, granted to Spyker N.V. and its wholly owned subsidiaries Spyker Automobielen B.V. and Spyker Events & Branding B.V. (collectively “Spyker” or the “Company”) on December 2nd, last, to bankruptcy. The cause for this conversion was that the committed bridge funding did unfortunately not reach the company in time. The administrator will continue his work but now as receiver.

Victor R. Muller, Founder and Chief Executive Officer said: “None of the ambitions we had when we founded Spyker 15 years ago, has vanished as a result of today’s events. In 2000 we set out to establish a super sports car business from scratch with a global distribution and we achieved that. Over the years we undertook some daring ventures that left their marks on the company which in turn contributed to today’s demise.

However, I would like to make clear that as far as I am concerned “this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning” to quote Winston Churchill. I will relentlessly endeavour to resurrect Spyker as soon as practically possible and, assuming we will be successful, pursue our goal to merge with a high performance electric aircraft manufacturer and develop revolutionary electric Spykers with disruptive sustainable technology.

This is the moment to express my gratitude to our customers, dealers, suppliers and of course our employees and Board. Their loyalty and support was vital to build the brand over the past decade and a half. They can count on us continuing to live by the Spyker axiom “Nulla Tenaci Invia est Via” (Latin for “For the tenacious no road is impassible”).”

New Focus RS to hit the States in 2015

Ford will launch a new high-performance Focus RS in January at the Detroit Auto Show, and the USA is on the list of lucky recipients.

The cult car, of which this writer is a proud owner (a 2010 hatch in Ultimate Green) will see its next iteration released globally in reportedly greater numbers than before, though they will still be capped for exclusivity.

Owners of the Focus ST may find this news somewhat of a dampener, with many hoping the ST badge would remain the top tier of the Focus hatch range. Understandably, too, with its turbocharged, 252-horsepower four-cylinder and sweet handling package.

However, the new RS could use Ford’s 2.3-liter turbo-four which can reach 350 horses easily, and rumors abound that it will be four-wheel-drive instead of front.

Red Bull Racing Raided

Thieves have ram-raided the Red Bull F1 team’s home office and factory in Milton Keynes, stealing a horde of memorabilia from the display cabinets that flank the front reception.

Six men used the vehicle to gain access, however they didn’t venture any further than the front office, ignoring the many other treasures that would undoubtedly lie around an F1 factory floor and instead taking off with only the F1 trophies inside the cabinets.

Team principal Christian Horner said they were “devastated” by the break-in as the trophies “took years and hard work to accumulate”.

Fortunately, many of the stolen trophies were just replicas, and not the real awards handed out at multiple Championship rounds over the team’s GP history.

Ken Box Gymkhana 2

A host of pretender and parody videos always follow in the wake of the latest Ken Block Gymkhana videos. This week, we were treated to one of the best; the second instalment of Ken Box.

It’s just that - a cardboard box, with a Monster rally car on all four sides complete with the pseudonym HooisKen (rather then Ken Block’s Hoonigan moniker), hiding a Razor Crazy Kart and driven by a dude called Ali Kermani.

After a much loved first parody that saw nearly 2.8 million views, the ante has been upped with sponsorship from GoPro - meaning every possible creative and crazy angle is captured - and a bigger set with more machines and tricks.

Enjoy.

Gymkhana 7. Nuff said.

This video really needs no introduction. In fact, we would be surprised if you were even reading this, rather than simply clicking on the video and watching the latest instalment of Ken Block’s Hoonigan series of sideways, smoking ‘khana videos.

A nice change is the car he uses for this chapter - not his usual Ford fare of a rally-tuned Focus or Fiesta, but rather a 850hp 1965 Mustang with some major mods, the most obvious being an all-wheel drivetrain, showcased at the start of the video by a huge slo-mo burnout which has all four wheels smoking incessantly.

It had 2.3 million hits and counting in its first day.

Enjoy.

Caterham crowdfund last race of the season

Motorsport enthusiasts are an awesome lot; generous to a fault. “Do I spend that thirty bucks on a nice Sunday roast, or pop the money towards a new exhaust?”

These type of decisions are taken in all seriousness… Off to McDonald’s it is.

After missing the last round in Astin, Texas following the announcement that the team had entered administration (along with fellow backmarker team Marussia, who faces similar stresses), Caterham turned to the fans to get them back on track.

Turning to a crowdfunding appeal, the team offered up money can’t (usually) buy assets such as pieces of the cars and driver paraphernalia, to space on the cars at a fraction of the usual sponsor price, to straight up donations from the fans. They have managed to raise almost three million dollars in the process.

Despite being just over $780,000 short of their set financial goal of $3.7 million, the Caterham Formula One team will indeed be on the grid at Abu Dhabi for the final race of the season anyway.

A representative from the administration firm who controls Caterham’s assets has admitted that this is also the best avenue for the beleaguered team from their point of view, saying “… the best way to keep this team alive and attract possible buyers was to show that it’s still a racing team and be in Abu Dhabi for the finale”.

Unfortunately this hasn’t stopped the administrators from making any unnecessary staff redundant, and the axings continue in the background as the team prepares to fly out.

Still, the effort is a great, if temporary, result for the team, and for motorsport enthusiasts in general.

Camry sheds its cardigan

The media must have been either ready for something big, or ready to yawn, when Toyota lifted the covers on a very normal-looking Camry at the 2014 SEMA auto show. But given it’s SEMA, odds were it was somethign a little more exciting than the usual cardigan car.

Indeed it was, with Toyota revealing the Camry’s full drivetrain and tubed chassis skeleton by lifting the entire shell off the car, Funny Car style, and show off its 850-horsepower, supercharged 5.7-liter V8 engine appropriated from the Tundra ute.

Also donated from the truck are the transmission and rear running gear to handle the power and torque, while the TRD arm and the Motorsports Technical Center donated all the go-fast bits including NOS to enable the sleeper to drag a quarter mile in a claimed 9.8 seconds. The build, it is claimed, was completed in just 11 weeks.

Check out the video HERE.

Bianchi still ‘critical but stable’

The family of French Formula One driver Jules Bianchi has finally released a statement about the condition and ongoing treatment of the young Marussia driver, following his massive shunt at the Japanese GP a month ago.

Bianchi remains in a “critical but stable” condition in Mie General Medical Centre in Yokkaichi, according to his family, though they said there was “no new information to give”.

“His condition continues to be classified by the medical professionals here as critical but stable,” reads the statement.

“Although we have no new information to give, we recognise that there are a huge number of people all around the world who are supporting Jules and willing him on in his fight.

“We owe it to his many fans to acknowledge the continued outpouring of messages, and to provide some information, however brief it may be.”

It concluded: “We will provide a further update when it is appropriate to do so. In the meantime, thank you to everyone who continues to keep Jules in their thoughts and prayers.”

The statement is timely, given that questions will inevitably be asked before the United States Grand Prix this weekend, and the sad fact that both Marussia and fellow backmarker team Caterham have withdrawn from the round, citing financial concerns.

The New York Times slams the door on car news

In another sign of the digital, err, times, the The New York Times is shutting down its automotive section.

Usually a part of the paper’s Sunday edition - and no more than that - the section will be closed down in favor of online classifieds and the odd motoring story in the News section.

The Times shut down its automotive blog pages last year in a precursory attempt to save cash, but it obviously has not been enough. The LA Times shut its auto section down over six years ago.

Vegas next for F1 Circus?

Forget New Jersey - the next US location allegedly on the radar of Formula 1 is Las Vegas.

After a 32-year absence, rumours have started leaking out of the Nevada strip following trips by motorsport circuit designer Hermann Tilke, and suggestive comments by F1 boss Bernie Ecclestone.

While eyeing off the strip, the organisers will no doubt be sure to avoid the trappings of the past, ie the Caesars Palace Grand Prix of 1981 which had limited areas of track, and limited success.

With the Circuit of the Americas, Canada GP, and now Mexico returning to the calendar, Bernie may have found another slot in his busy F1 calendar that can afford the sanctioning fees that cripple other countries and smaller circuits. For where better than to roll the dice than Vegas?