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Mol: Spyker is fully-funded for 2007

Spyker owner Michiel Mol has told his team that there are no worries about their budget for this year as they aim to challenge for points in the second half of the season

Ahead of his outfit's first official race as Spyker in Australia this weekend, Mol is bullish that his team are now moving forward after the difficulties they faced under the Midland ownership.

"It's always difficult to really tell, but I think we have the momentum now," he said in an interview on Spyker's official website. "We have turned a downward spiral into an upward one.

"We got Ferrari, we got Mike Gascoyne, and we've got two great young drivers. We're taking the right steps, and now we have to deliver. That will take time.

"I think we can score some points this year, especially after mid-season, when the B-spec car will arrive. I think from that moment onwards we hope to become serious midfield contenders. And that's definitely the target for next year - that's when you can really start racing, and the fun starts. We want to move from there slowly towards the top."

Although Spyker do not have an official title sponsor, Mol has said that the budget for 2007 is in place - although he has not given up on adding more backers to help the team move forwards faster.

"We are still talking to a number of potential big sponsors but we've covered the budget for this year," said Mol. "So in terms of our business plan, we're safe.

"We can do all the changes, all the growth, all the things we want, but of course if we can get extra backing, we can just move faster. To get a title sponsor on board is our plan for 2008."

Mol, who has confirmed he will attend every race this year, claims that he is relishing the increased focus that has been placed on his team.

"It's a new experience for me, but suddenly the world is looking over your shoulders at everything you do. If you use it the right way, that is actually a very good thing.

"I think we've moved from a bit of a greyish feeling with the team to being younger and more modern and open-minded. I think that's one of the best things we have done. So that went better than I expected.

"Getting our sponsors and partners in, getting the drivers, getting the right people, getting the car done, I would say it's all according to plan. And the plan was pretty ambitious."

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