(S (S (BASENP (PRP It)) (VP (VP (VBD was) (VP (VBN confirmed))) (SBAR (IN that) (S (BASENP (NNP Spyker)) (VP (MD will) (VP (VP (VP (VB change) (BASENP (NNS owners))) (BASENP (JJ next) (NN season))) (S (VP (VP (VBG becoming) (BASENP (DT the) (JJ first) (NNP Indian) (JJ national) (NNP Formula) (NNP One) (NN team))) (PP (IN in) (BASENP (NN history))))))))))) (PERIOD .))