Troubled Dutch sportscar maker Spyker has filed for protection from its creditors and appointed an administrator to help it restructure, Reuters reported yesterday. The company, formed in 2000 to resurrect an early 20th century Dutch auto marque, once fielded a Formula 1 racing team and briefly owned Swedish auto maker Saab before selling it on to Chinese-owned NEVS AB in 2012. Spyker has had a bumpy history since its revival, almost going under after selling the F1 team in 2007 at a loss, and again after its 2010 purchase of Saab foundered, forcing it to seek outside help. Earlier this year, a U.S. court dismissed the company's $3 billion lawsuit against General Motors. Spyker had accused General Motors of derailing its plan to sell Saab to a different Chinese buyer from the one that subsequently bought it.
