The Qatar Investment Authority (QIA) announced that it had acquired a significant minority stake in Sauber Holding AG, which will become Audi’s F1 factory team in 2026.

With Audi set to enter Formula 1 as a works outfit after the takeover of the Sauber F1 team by 2026, the German automaker has announced the sale of the new team

Audi has sold a stake in its Formula One team to Qatar’s sovereign wealth fund ahead of the German manufacturer’s entry to the sport in 2026. Audi announced on Friday ahead of this weekend’s Qatar Grand Prix that the Qatar Investment Authority (QIA) had acquired a “significant minority stake” in the team,