Albers axed by Spyker

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Albers was involved in drama at the French Grand Prix at the start of the month, when he came in for a routine stop on lap 30, but pulled away too quickly, dragging the entire fuel hose out of the refuelling rig.

Team principal Colin Kolles said: "This has been a very difficult decision."

He added: "Christijan has started to find some form in the car, but the team's ambitious development programme has been seriously compromised by non-payment by one of his sponsors and we are faced with no other option."

The team's director of Formula One, Michiel Mol, added: "The decision to replace Christijan is one of the hardest I have had to take since becoming involved in the team.

"By terminating the contract with Christijan and the subsequent entering into a new contract it enables us to safeguard our strong financial footing, needed to fulfil our technical and commercial goals.

"We would also like to stress this decision has nothing to do with Christijan's recent performances - we still have faith in his contribution as a driver - but the long-term future of the team is of paramount importance.

"We would like to thank Christijan for his input and wish him every success in the future."

An announcement on Albers' replacement and the financial conditions will be made in due course.