THE concept of rebirthing old car brands is back with Dutch sportscar brand Spyker announcing it will start production of a new range from next year using money from a Russian oligarch.
The brand confirmed this week it was being backed by SMP Racing and BR Engineering, both offshoots of SMP Bank of Russia founder Boris Rotenberg, Russias biggest supplier of gas pipelines and electricity powerlines.
Additional funding will come from Luxembourg design studio Milan-Morady owned by Rotenbergs business partner Michail Pessis and German manufacturer R-Company that has been servicing current Spyker cars for owners.
Spyker, originally a Dutch company that made aircraft and exclusive cars from 1905 until it first closed its doors in 1953, s…
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