Spyker

Spyker Cars, Lotus Cars Announce Signing of Cooperation Agreement

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May 13, 2008 -- Spyker and Lotus have reached agreement today on the outline of their intended cooperation, which will include a Parts and Platform Commonality Agreement (PPCA), a Parts and Accessories Supply Agreement pursuant to which Lotus would provide certain parts for Spyker's new C8 Aileron super sportscar, and a concept Design and Engineering Agreement relating to all of Spyker's future models.

Decisions of the World Motor Sport Council Announced

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24.10.2007 -- The World Motor Sport Council met in Paris on 24 October, 2007. The following decisions were taken:

FORMULA ONE WORLD CHAMPIONSHIP

There will be a total freeze on engine development for a period of 10 years, starting from 2008. A change can be made after five years but only with the unanimous agreement of all stakeholders and following a further two-year notice period. Total freeze means that there will be no exceptions for development of certain parts of the engine, as is the case under the current regulations.

A number of amendments were adopted for the 2008 Sporting Regulations and the 2008 and 2009 Technical Regulations. For full details please refer to www.fia.com.

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