Rumours had been floating about in the paddock throughout the mid-season about the possible sale of the team, less than two years after Alex Shnaider originally bought it from Eddie Jordan.

Michiel Mol became the new Director of F1 Racing and member of the Spyker board, and Mike Gascoyne became Chief Technology Officer from the end of the 2006 season.

Spyker signed four test and reserve drivers for the 2007 season: Adrián Vallés, Fairuz Fauzy, Giedo van der Garde and Markus Winkelhock.

[11] In March, Spyker announced a sponsor deal with Etihad Airways and Aldar Properties, two companies from Abu Dhabi, United Arab Emirates.

On 10 July, Albers was released from his Spyker contract due to a lack of sponsorship money, which would have funded the team's development programme.

[12] Despite former Red Bull Racing driver Christian Klien testing for the team on 12 July 2007,[13] Albers' replacement for the 2007 European Grand Prix was Winkelhock.

In August, the new B-Spec Spyker model, which the team hoped to use at the 2007 Turkish Grand Prix, failed the rear crash test which is set by the FIA.

[17] The team was sold to a consortium named "Orange India" led by Indian businessman Vijay Mallya and Dutch entrepreneur (and existing board member) Michiel Mol after approval by Spyker's shareholders.