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Audi F1

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sports1 year ago

Qatar Fund Invests in Audi's F1 Future with Strategic Stake

The Qatar Investment Authority (QIA) has acquired a significant minority stake in Sauber Holding AG, which will become Audi's factory team in Formula 1 by 2026. This strategic investment aims to support the team's infrastructure and growth, aligning with QIA's focus on long-term growth potential. The move comes as Sauber prepares for its transition to Audi, with new leadership and driver line-ups, including Mattia Binotto and Jonathan Wheatley. The investment reflects confidence in Audi's F1 project and the growing commercial potential of Formula 1.

via Formula 1|
#audi-f1#formula-1#investment
sports1 year ago

Qatar Acquires Stake in Audi's Formula 1 Team

The Qatar Investment Authority (QIA) has acquired a significant minority stake in Sauber Holding AG, the future Audi Formula 1 team, providing a substantial capital injection to enhance infrastructure and recruitment. This investment, part of Audi's strategy to strengthen its F1 project, will be finalized by mid-2025, with QIA gaining a board seat. Audi CEO Gernot Döllner emphasized the importance of this partnership in achieving the team's long-term goals and becoming a top competitor in F1 by 2026.

via RACER|
#audi-f1#formula-1#qatar-investment-authority
sports1 year ago

Bottas Explores Options After Sauber Exit Amid Mercedes Speculation

Valtteri Bottas has expressed excitement about his future amid rumors of a potential return to Mercedes as a reserve driver for the 2025 F1 season. This follows Audi F1's announcement of their 2025 driver lineup, which does not include Bottas, as they signed F2 leader Gabriel Bortoleto. Bottas, who has a history with Mercedes, is considering the reserve role after his departure from Sauber, where he had agreed to stay before the team opted for a younger driver. Audi F1 chief Mattia Binotto acknowledged the difficulty in releasing Bottas.

via Planet F1|
#audi-f1#driver-lineup#f1-2025