Audi buys minority stake in Sauber ahead of F1 entry in 2026

Audi buys minority stake in Sauber ahead of F1 entry in 2026

Audi has completed the acquisition of a minority stake in the Sauber Formula 1 team, which it will partner with in 2026.

Audi announced in August last year that it would enter Formula 1 in 2026, when new engine regulations come into force.

It was not initially clear which team this would be with, but it was later announced that they would be partnering with Sauber, which is now known as Alfa Romeo.

As part of this strategic partnership between the two parties, Sauber will be Audi’s factory team and the Hinwil plant will be used for chassis construction. At the same time, Audi will develop its power unit.

At the time, Sauber had announced that Audi would buy a stake in the team at some point, but there has been no word on that since then.

Sauber has now announced that Audi has bought a percentage stake in the Swiss-based team under the current deal, but did not give any details on the size of the stake.

Sauber described this development as an “important step” for Audi’s F1 entry program.

“The Sauber Group is pleased to announce that, in accordance with the plans announced last October, Audi has acquired a minority stake in the Sauber Group in January 2023,” Sauber said in a statement. was explained.