The future Audi factory team in Formula 1 will soon also be financed from Qatar. The state fund Qatar Investment Authority (QIA) is acquiring “a significant minority stake” in the racing team, Audi announced on Friday on the sidelines of the Grand Prix in the emirate. The team will compete under the name Sauber until the end of 2025, after which the German manufacturer will officially take over. According to media reports, QIA is taking over around a third of the shares, Audi announced on Friday about a “significant capital inflow” and that they had found a “long-term and reliable partner” for the Formula 1 project. “QIA’s investment reflects the trust that Audi’s Formula 1 project has already won,” said Audi CEO Gernot Döllner: “The additional capital will accelerate the team’s growth and is another milestone in our long-term strategy.”
Audi had already completed the purchase of the traditional Swiss racing team at the beginning of this year. For the hoped-for promotion to the top group of Formula 1 from 2026, investments are necessary at the locations in Hinwil and Neuburg; Audi is now receiving fresh money through the deal with Qatar. The German factory team is the latest of numerous projects in top-class sport that are co-financed by one of the Gulf states.
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