Spyker Sold to Michiel Mol and Vijay Mallya

The sale of Spyker F1 Team to Michiel Mol and Vijay Mallya has been announced. Spyker F1, whose drivers are perpetually out of point-scoring positions (whether is it the machine or the man, well, we'll leave it to you), bought over Midland F1 Racing (which bought over Jordan Grand Prix). None of these 3 teams were ever top-tier racing companies, which lead us to wonder if such teams are always at the bottom because of the limited development capabilities.

Bernie Ecclestone, owner of Formula 1, for one, isn't apologetic for Spyker's short stint in Formula 1. He expressed his feelings about how Spyker had not contributed anything to the sport freely, and the deal would be finalised on September 29.

Spyker's highest ever finish in a race was in last week's Belgian Grand Prix, when Adrian Sutil finished in 14th position.