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119 days ago
Updated 117 days ago
Audi Acquires Sauber Full Ownership for 2026 F1 Entry
Audi Acquires Sauber Full Ownership for 2026 F1 Entry

Audi Acquires Sauber Full Ownership for 2026 F1 Entry

News summary

Audi has successfully completed its full acquisition of Sauber Holding AG, securing 100% ownership as part of its ambitious plans to enter Formula 1 as a constructor in 2026. This acquisition was expedited, concluding earlier than anticipated, and is valued at approximately €600 million. Audi's entry into F1 coincides with a new era of technical regulations, and the team will compete under the Audi name starting in 2026, although it will race as the Stake F1 Team Kick Sauber in 2025. Key appointments have been made, including Mattia Binotto as project manager and Jonathan Wheatley as team principal. The acquisition is expected to enhance the team's competitiveness, aided by a partnership with the Qatar Investment Authority. The team will retain its Swiss identity while transitioning to German representation in 2026.

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Sports Illustrated
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Audi Completes Full Takeover of Sauber F1 Team For Eye-Watering Sum
119 days ago
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Sports Illustrated
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Audi Completes Full Takeover of Sauber F1 Team For Eye-Watering Sum
119 days ago
Read Full Article
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100% Left
Information Sources
43ca6625-20fa-4fff-8e8e-3cc88620488e
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Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
117 days ago
Bias Distribution
100% Left
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Story Coverage
alt
Sports Illustrated
Left
Audi Completes Full Takeover of Sauber F1 Team For Eye-Watering Sum
119 days ago
Read Full Article
alt
Sports Illustrated
Left
Audi Completes Full Takeover of Sauber F1 Team For Eye-Watering Sum
119 days ago
Read Full Article
Ask VT AI
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Information Sources
43ca6625-20fa-4fff-8e8e-3cc88620488e
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  • Formula 1
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