Spyker joins W Group as Volodymyr Nosov becomes co-owner
11/06/2026
It sounds almost too Spyker to be real. But then again, Spyker has never been a normal car company.
Volodymyr Nosov, founder and president of W Group and WhiteBIT, has acquired a significant stake in Spyker, becoming a co-owner of the historic Dutch luxury sports car brand. As part of the move, Spyker will join the global W Group ecosystem, taking the group beyond fintech, blockchain and digital assets into the much more physical world of handmade sports cars.
That is already an unusual combination. Dutch supercar heritage. A Ukrainian crypto entrepreneur. A new digital ownership company. And an 800 hp Spyker C8 Preliator XXV heading for Pebble Beach.
A new investor for one of Europe’s most eccentric brands
Founded in 1880, Spyker is one of the oldest automotive names in the world. Its story is strange, romantic and deeply Dutch. The brand built cars, aircraft, racing machines and some of the most distinctive hand-built sports cars of the modern era. Aviation-inspired details, exposed mechanical beauty and highly limited production have always made Spyker feel different from almost everything else in the exotic car world.
The problem was never identity. Spyker always had that. The problem was survival. Over the years, the company has had more restarts, plans and promises than actual sustained production. That is why this new investment matters, but also why it has to be treated with a healthy amount of caution.
Victor Muller gets another shot
Spyker founder and CEO Victor Muller describes the partnership as a major milestone in the brand’s return to the global automotive market.
According to the announcement, Spyker has seen strong interest following the reveal of the new C8 Preliator XXV. W Group’s involvement is meant to bring long-term strategic support, technology and expertise to help build the next chapter.
The Spyker C8 Preliator XXV goes to Pebble Beach
The product story starts with the Spyker C8 Preliator XXV. Spyker plans to reveal the car at The Quail in Carmel, California, on 14 August 2026, followed by a display on the Concept Car Lawn at the Pebble Beach Concours d’Elegance on 16 August 2026.
Pebble Beach is where heritage, wealth, collectors and future classics all meet. For a brand like Spyker, it makes far more sense than a normal motor show. The audience understands limited production. It understands handcrafted detail. It understands cars that exist more as objects of obsession than transportation.
The headline technical figure is serious too. The C8 Preliator XXV is said to produce 800 hp from a non-hybrid twin-turbo V8, with a claimed top speed of 350 km/h. That gives Spyker a proper performance story.
Crypto money meets old-world craftsmanship
The most fascinating part of this story is the cultural contrast. Spyker represents old-world automotive romance: hand-built cars, aviation details, leather, metal, mechanical theatre and collector appeal. W Group represents a newer world: blockchain, crypto infrastructure, digital ownership, international fintech and tokenised ecosystems.
If Spyker Digital becomes a serious tool for collector engagement, ownership records, authentication, limited allocations and brand community, it could add a modern layer to a heritage brand. If it becomes buzzwords and token noise, it will hurt the credibility of a company that already needs to rebuild trust.
AutoNext Take
Spyker has had comeback stories before. Big announcements are not the hard part. Building cars, delivering them, supporting customers and creating a sustainable business around them is the hard part.
The W Group investment could be meaningful. Volodymyr Nosov brings capital, digital expertise and global reach. Spyker Digital could become a clever ownership and collector platform if it is built with restraint and purpose.
If this partnership gives Spyker the stability to build real cars in limited numbers, protect its design identity and deliver the C8 Preliator XXV properly, then this could be the most important chapter in the brand’s modern history.
