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Audi buys stake in Sauber ahead of 2026 F1 entry

Audi has taken one other step in direction of its Components One entry in 2026 by buying a minority stake within the Sauber F1 staff this month.

Final yr, Audi introduced its plan to enter F1 in 2026 and in October confirmed it will run its personal staff by shopping for a stake in Sauber and constructing its chassis on the staff’s manufacturing facility in Hinwil, Switzerland.

Sauber at present competes in F1 underneath the Alfa Romeo identify as a part of a sponsorship cope with the Italian automobile firm that is because of finish after the upcoming season.

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Actual particulars of the timeline for Audi’s acquisition in Sauber haven’t been made public, however on Monday the Swiss staff confirmed Audi had lately acquired a minority stake.

“The Sauber Group is happy to announce that, as per the plans outlined in October final yr, Audi acquired a minority stake within the Sauber Group in January 2023,” a press release stated.

“This is a crucial milestone on the best way to Audi’s entry in Components One, scheduled for 2026, for which the Sauber Group would be the German model’s strategic accomplice.”

Audi’s energy unit mission for 2026 is being primarily based in Neuburg, Germany, the place the corporate has already began the event of its F1 engine.

Former McLaren staff principal Andreas Seidl was appointed as Sauber’s CEO in January this yr and can oversee preparations for the Audi mission.

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