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Sauber confirms Audi investment and strategic partnership
The Sauber Group confirmed on Monday that Audi had acquired a minority stake in the Swiss company in January, a move that seals the two parties' partnership for Formula 1. "The Sauber Group is pleased to announce that, as per the plans outlined in October last year, Audi acquired a minority stake in the Sauber Group in January 2023," read a statement from Sauber. "This is an important milestone on the way to Audi’s entry in Formula One, scheduled for 2026, for which the Sauber Group will be the German brand’s strategic partner." Audi's minority stake interest in Sauber is somewhat of a surprise as it had been expected that the German manufacturer would acquire a...
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