Despite financial challenges plaguing its parent company, the Volkswagen Group, Audi has reaffirmed its unwavering commitment ...
As Audi announces sale of stake in F1 team to QIA, its company boss has explained why it is fully committed to project amid ...
CEO of QIA The Audi F1 team have confirmed Qatar's leading state-backed fund have made a purchase of a significant minority stake ahead of their entry to join F1 in 2026. Sky News understands that ...
Audi have sold a minority stake in their Formula 1 team to Qatar as the Arab world’s involvement with F1 continues to grow. The German manufacturer has relinquished a reported 30% of their stake ...
But the Qatari buy-in answers a specific need for both parties. For Audi and VW it represents an opportunity to stop conspicuous spending on F1 at a time when the group is under pressure in Germany ...
The Qatar Investment Authority (QIA) announced on Friday ahead of the Qatar Grand Prix that it had acquired a “significant” minority stake in Sauber Holding AG, which will become Audi’s ...
QIA will take a seat on the board. “The investment by QIA reflects the trust and confidence the Audi F1 Project has already garnered, underscoring unwavering commitment of Audi to the initiative,” ...
With Audi set to enter Formula 1 as a works outfit after the takeover of the Sauber F1 team by 2026, the German automaker has announced the sale of the new team's partial share to the Qatar ...