Despite all the problems and management changes Spyker cars continued to compete on circuits around the world. The Spyker Squadron entered the C8 Spyder GT2R in the six-round European Le Mans Series, the Sebring 12 Hours and of course the ever popular 24 Hours of Le Mans. Instead of building new cars the two 2006 cars were rebuilt and upgraded to 2007 specifications. One of the cars was run by the private team of Speedy Racing, owned by Swiss Spyker dealer Alexandre Pesci.
In the GT2 class of the European Le Mans Series the cars were moderately successful, scoring a podium finish and some top 5 positions. At the end of the season the Speedy Racing Team beat the Spyker Squadron with a 5th place in the final standings; the Spyker Squadron had to settle for 7th place.
(picture by Nicolas Meunier, used with permission)

Results of the 2007 edition of the 24 Hours of Le Mans endurance race were dramatic for Spyker however. Both cars were entered by the Spyker Squadron; the number 85 factory car was driven by Belicchi, Caffi and Chiesa and the number 86 Speedy Racing Team car by Janis, Hezemans and Kane. Despite the experienced and accomplished driver line-up Spyker couldn't make a lasting impression. Remarkable about the driver line-up was that Speedy Racing Team drivers Belicchi and Chiesa were now placed in the factory car while teammate and former Formula 1 driver Alex Caffi competed against Spyker in a Ferrari 430 GT in the European Le Mans Series that same season.
The number 85 car was withdrawn after just over 12 hours of racing with terminal transmission problems, after the car had survived a spin and an off in the preceding hours. It took only slightly more than 7 hours of racing for the number 86 car to break down beyond repair. Driver Jarek Janis stopped the car beside the track 2 hours before with serious mechanical problems and ultimately it was entered into the pits to never leave again.
As the Le Mans race is stipulated by Spyker as the main event for proving the quality of their cars and establishing their name, the failure to finish was both a disappointment and a severe setback in an already very difficult year.
(picture by Nicolas Meunier, used with permission)

Spyker's Formula 1 Team should have been the crown on the efforts to promote the make by racing. Unfortunately things panned out very differently and instead of a crown the F1 Team became the proverbial stone around the neck of the company. Two cars were entered for the 2007 season.
The chassis appeared quite similar to that of 2006 but was in fact a new design by John McQuilliam. It was dubbed the F8-VII, referring to it being a Formula 1 car with 8 cylinders for 2007 (that last bit in Roman numeration). Later in the season it was upgraded into a B-specification by technical director Mike Gascoyne.
More striking about the 2007 Spyker F1 car was its engine. The Toyota engine used in 2006 was now replaced by a Ferrari unit which was expected to be more competitive. This Tipo 057 V8 engine displaced 2398 cc and produced over 700 hp @ 19000 rpm. No need to say that this premium engine deal took a large chunk out of Spyker's F1 budget.
Yet it didn't bring the results that were hoped for. The new chassis proved to be more solid than it was quick and the aerodynamics were less efficient than that of competing designs. It resulted in a car that was hard to set-up correctly with consequent lack of grip and speed. The Ferrari engines turned out to be reliable but weren't able to give the car an edge over the competition.

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