Apparatus for molding a generally hollow and seamless article having undercut portions comprising a one-piece distensible and flexible hollow male mold having a generally cylindrical side wall having a plurality of radially outwardly extending annular projections for defining radially inwardly extending grooves and ridges on the inside surface of an article molded thereon, said flexible mold also having an end wall extending across one end of said side wall such that said mold defines a generally cylindrical cavity, said male mold also having an annular radial flange extending outwardly from said side wall and at an end thereof which is opposite from said end wall, a mandrel receivable in said generally cylindrical cavity and defining a generally annular vacuum chamber with said mold, plate means extending across and abutting against said flange and said mandrel for removably supporting said mold and mandrel and having a sealing engagement therebetween, aligning means between said plate means and said mold flange and said mandrel for accurately but removably locating said mold and mandrel on said plate means, said mandrel being foraminous such that a vacuum may be drawn evenly through said mandrel for insuring radially inward collapse of the flexible mold, said plate means having a fluid pressure connection to a source of vacuum such that a vacuum may be drawn through said plate means and said mandrel and from said annular vacuum chamber to cause said mold to contract radially inwardly to release a molded article from around said mold.