Audi is one of the biggest names in the world of motorsport. Now, the German carmaker will be finally entering Formula 1 officially in 2026 after taking over the Sauber team. However, reports have emerged that the auto giant is already planning to sell shares of the project to Qatar.
As per reports, the Qatar Investment Authority (QIA), which is the sovereign wealth fund of Qatar is set to acquire a minority stake in the Audi F1 project. The value of this stake is not yet known, however, it is believed that it would be crucial in the team’s future expansion. This would be Qatar’s first venture into team ownership in Formula 1.
Although, the country already hosts the Qatar GP. It must be noted that QIA is a shareholder in Audi’s parent company Volkswagen as well as sister brand Porsche. Thus, this minority stake would be building upon an existing relationship of the Volkswagen Group.
RELATEDJeremy Clarkson deems three-time champ Max Verstappen the ‘greatest driver’ in the history of F1Audi F1 not for complete sale ahead of 2026 debutThe German carmaker has invested heavily into its F1 project for the 2026 season. However, the rumors of a stake being sold to the QIA raises concerns over Audi potentially already planning to sell the team entirely. However, the company has made it clear that it will not be fueling speculation as the team was not for sale.
Mattia Binotto and Audi’s F1 showcar (images via IMAGO)We do not participate in speculation. The team is not for sale. Audi said, as reported by AMuSAudi faces an uphill task with its F1 entry.
Presently, Sauber sits last in the standings due to an abysmal 2024 season. The Hinwil-based squad will need to make major gains within the next twelve to eighteen months to meet the German carmaker’s targets. RELATEDEx-F1 driver urges Max Verstappen to replace Fernando Alonso as Aston Martin’s long-term ‘bet’