Audi sells stake in Formula One team to Qatar sovereign wealth fund

By The New York Times   |   1 year ago
Audi sells stake in Formula One team to Qatar sovereign wealth fund

Audi has sold a stake in its Formula One team to Qatar's sovereign wealth fund, QIA, ahead of its entry into the sport in 2026. This partnership will bring financial support and infrastructure development for Audi's F1 project, transitioning Sauber into Audi's works team.

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