Formula 1 boss, Bernie Ecclestone, is in partnership to bid for Saab.
The announcement came shortly after a deadline for expressions of interest in the company passed without any public bids.

Around 3,400 workers at the Swedish motor company, Saab, have passed a tense evening waiting for news of any rescue bid for their company.
Now a second bid has also emerged, from the Dutch sports carmaker, Spyker Cars. It has unsuccessfully bid before.

Mr Ecclestone's offer is in partnership with the Luxembourg-based private investment company, Genii Capital, which recently invested in Renault's Formula 1 team.
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