Spyker Agrees to Sell Sports-Car Unit to Vladimir Antonov

Spyker Cars NV, the Dutch owner of Saab Automobile, agreed to sell its sports-car unit to Russian businessman Vladimir Antonov to help reduce debt.

Antonov, a former Spyker chairman and shareholder, will pay 15 million euros ($21 million) for the maker of the C8 Aileron and other supercar models that retail for more than $200,000, the Zeewolde, Netherlands-based company said today. In addition, Antonov would pay as much as 17 million euros over six years depending on the unit’s future profits.