Mallya and Mol set for Spyker takeover

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Indian businessman Dr Vijay Mallya and Dutch entrepreneur Michiel Mol look set to become the new owners of the Spyker Formula One team, which was bought from the Midland Group only a year ago by sportscar makers Spyker Cars. Mallya - Chairman and CEO of Toyota sponsors Kingfisher Airlines - and Mol - Spyker's Formula One Director - say they have had their offer accepted by the Spyker board, and that the deal is expected to go through within a month.

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