MARCH 15, 2007

Spyker lands Abu Dhabi backing

The Spyker team has announced sponsorship from two Abu Dhabi government-owned companies: Etihad Airways and Aldar.

Etihad is the national airline of the United Arab Emirates but has been overshadowed by Emirates and now wants to get more exposure on the world scene. Aldar is a real estate company, controlled by the Mubadala Development Company, which is turn controlled by the Abu Dhabi government. Mubadala is also a shareholder in Ferrari, Spyker's engine supplier. Aldar is also the firm that is building the planned Ferrari theme park in Abu Dhabi.

The team will now be known as the Etihad Aldar Spyker team.