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Spyker will be renamed Force India, after the FIA World Motor Sport Council accepted the name change at a meeting in Paris on Wednesday. Indian businessman Vijay Mallya and Dutch entrepreneur Michiel Mol bought out the Silverstone-based team earlier this month.

The new title is the first step taken by the squad to reflect Mallya’s previously stated aim of bringing an Indian flavour to the team. It is also understood that the new logo for Force India will include the Indian national flag in its design.

Mallya and Mol are the third owners in two years for the former Jordan team. The Midland group took over in 2005, before selling the squad on to Spyker late in 2006.