Home / Auto News / News article: Spyker Sold to British Coachbuilder for $44 Million; Russian Mafia Ties Pop Up Again - AutoGuide.com News
 |  Feb 24 2011, 9:21 AM

Spyker Cars, a Dutch sports car company no one would know of were it not for its purchase of Saab from GM, has just announced its own sale. Sort of.

The current company known as Saab Spyker Automobiles will retain Saab, but sell off the niche-market Spyker brand for $44 million to CPP Global Holdings Ltd, a coachbuilder based in Coventry, England.

Here’s where it gets interesting.

CPP is backed by Russian billionaire Vladimir Antonov. Sound familiar? It might if you’ve been paying close attention to the Saab-Spyker story. Back in 2009, it was Antanonv’s involvement in Spyker that initially prevented the sale of Saab from GM. As it turns out, Antanov was allegedly tied to the Russian mafia – and with General Motors being majority owned at this time by none other than the U.S. government, well, let’s just say it wouldn’t have been a good PR move for the Obama administration to sell off millions of dollars of taxpayer assets to the Russian mafia.

No connection between Antanov and the Russian mafia was ever confirmed and Spyker Cars CEO Victor Muller has publicly stated that he does not believe there is a connection.

At the time Antanov pulled out of Spyker allowing the sale to go through, which was surprising as Spyker seemed to easily come up with the necessary funds to seal the deal – hinting that Antanov was secretly still involved. Now it appears Antanov is getting his exotic Dutch sports car company back.