Stefano Domenicali, Formula 1 President and CEO, Mohammed ben Sulayem, President of the International Automobile Federation (FIA), Markus Duesmann, Chairman of the Board of Management of AUDI AG, and Oliver Hoffmann, Member of the Board of Management for Technical Development of AUDI AG

F1: Audi acquires its first stake in Sauber team

The Sauber Group announced today that, as per the plans outlined in October last year, Audi acquired a minority stake in the Sauber Group in January 2023.

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.

The German auto giant is currently building a separate factory at Neuberg in Germany to develop the 2026 F1 power unit.

The 3,000-square-meter building will house test benches for the hybrid engine and is an expansion of the site that was previously the home of Audi’s successful LMP1 program in the World Endurance Championship.

 

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