Volodymyr Nosov buys majority stake in Spyker

Volodymyr Nosov has acquired a majority stake in Dutch sports car maker Spyker and folded the marque into his W Group. The buyer plans to launch Spyker Digital to develop digital ownership and infrastructure solutions for the premium automotive sector. Financial terms were not disclosed.

Nosov is founder and president of W Group and the crypto exchange WhiteBIT. W Group will add Spyker to its global ecosystem as part of a plan to expand beyond fintech and digital assets into premium manufacturing and luxury mobility. The company reports serving 35 million users across 150 countries. WhiteBIT operates more than 900 trading pairs, supports over 340 assets and eight fiat currencies, and has partnerships with Visa, esports platform FACEIT, FC Barcelona and Juventus.

Spyker was founded in the Netherlands in 1880 and builds hand-crafted sports cars with aviation-inspired design and very limited production runs. The brand’s history includes the world’s first four-wheel-drive car in 1903, aircraft production during World War I, and entries in Formula One and the 24 Hours of Le Mans. W Group stated the investment is intended to support Spyker’s revival and long-term development while preserving its craftsmanship.

Spyker Digital will operate as a new technology company focused on digital ownership tools, customer experience features and brand engagement systems for premium cars. The initiative will explore uses of blockchain and related technologies to record provenance, manage limited-edition releases and create new ways for owners to interact with the manufacturer while keeping production exclusive.

Nosov commented that he has long collected rare automobiles and admires Spyker’s design and heritage, calling the purchase both personal and strategic. He added that Spyker Digital will integrate European engineering traditions with digital products and tokens.

Victor Muller, founder and chief executive of Spyker, welcomed the partnership and pointed to strong interest since the announcement of the new Spyker C8 Preliator XXV. Muller noted the deal provides long-term support and access to technologies and expertise for the marque’s next chapter.

Spyker plans to unveil the C8 Preliator XXV at The Quail in Carmel, California, on August 14 and to display it at the Pebble Beach Concours d’Elegance on August 16. The model uses a non-hybrid twin-turbo V8 rated at about 800 bhp and has a top speed near 350 km/h (217 mph). Production will be limited.

W Group described the acquisition as part of a long-term plan to combine digital asset capabilities with premium physical manufacturing and to expand the company’s holdings beyond digital markets.