Forward of the total works rebranding in 2026, Audi has confirmed that its full takeover of the Hinwil-based Sauber outfits has been totally accomplished this month.
In August 2022, Audi introduced its plans to take over the Sauber F1 team in 2026 when new technical rules will take impact. Nevertheless, with modifications in Audi’s administration, rumours had began to flow into a number of occasions that the German producer may name off its F1 dedication.
Final 12 months’s Saudi Arabian Grand Prix then noticed the Ingolstadt-based producer verify its plans to take a one hundred pc stake within the Sauber Group., with Audi asserting {that a} corresponding settlement had been reached with the present majority shareholder, Islero Investments AG.
Within the meantime, Audi created a facility in Neuburg a. d. Donau which is answerable for the event of the F1 hybrid drive. Along with the Hinwil facility, the workforce from Neuburg will type the longer term manufacturing facility workforce with which Audi will compete within the high class in 2026.
Forward of final 12 months’s Qatar Grand Prix, Audi then confirmed that QIA, the sovereign wealth fund of the State of Qatar, has signed definitive agreements to amass a major minority stake in Sauber Holding AG that can grow to be Audi’s future manufacturing facility workforce.
The German marque defined that QIA’s funding will present a considerable capital injection and pave the way in which for growing infrastructure.
The German automobile producer has now confirmed to Auto Motor und Sport that the whole takeover of the Sauber outfit has been accomplished
“The whole takeover of Sauber Holding AG by Audi AG was accomplished as deliberate in January 2025. Audi has thus taken the subsequent necessary step on the way in which to Formulation 1 shortly after the flip of the 12 months. Audi beforehand held a minority stake in Sauber Holding AG.
It’s unknown when Audi intends to promote the minority stake to Qatar’s sovereign wealth fund, however it’s believed that deal will contain the switch of about 30 % of the shares.
