SEPTEMBER 2, 2007
Spyker Cars in legal trouble?
Spyker Cars NV, the parent company of the Spyker F1 team, is going to have to answer questions about its activities from the Autoriteit Financiele Markten (AFM), the Dutch stockmarket regulator, which has indicated that it has doubts about Spyker's 2006 financial statements and whether these comply with International Financial Reporting Standards (IFRS) rules. AFM says it has embarked on a judicial action to force Spyker to restate the accounts. AFM says there are several questions that need to be answered, some of them involving the F1 team.