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Old 24th August 2022, 15:48   #1
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Audi to buy majority stake at Sauber F1 team; Official announcement expected soon

According to media reports, Audi is said to acquire a majority stake in the Sauber F1 team, which currently uses Ferrari-sourced engines while having Alfa Romeo as its title sponsor. The acquisition is part of the Volkswagen Group's plan to enter the pinnacle of motorsport with its Porsche & Audi brands from 2026.

Audi to buy majority stake at Sauber F1 team; Official announcement expected soon-alfaromeosauberf1.jpg

Reports state that Audi beat Andretti Global, which was also looking to acquire the Sauber F1 team. The German carmaker is said to have made a higher monetary offer for a small percentage of the ownership stake. By taking over the majority stake, Audi plans to build the F1 car chassis at the team's facility in Hunwil, while the engine will be manufactured in Germany by Audi themselves.

Audi CEO, Markus Duesmann is said to have been one of the greatest backers of the brand's entry into F1. Duesmann himself was the head of development at BMW-Sauber between 2007-2009 and knows the Swiss Hinwil operation. Reports also state that Audi hired Adam Baker for a 'special tasks' role in end-2021. He is set to become the Managing Director of the new team. Baker has previously worked at BMW and the FIA.

According to reports, Audi is set to make an official announcement as soon as F1 returns from its summer break for the Belgium Grand Prix, which will be held between August 26th - 28th, 2022.

Source: Motorsport.com

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Old 24th August 2022, 17:31   #2
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Re: Audi to buy majority stake at Sauber F1 team; Official announcement expected soon

If this news is true, then Sauber will have had engine power from Merc, BMW and now Audi.

This makes the Driver market more interesting as Audi may want a German driver at the wheel and thus, Zhou paves the way for Mick Schumacher. Mick has been in talks to exit FDA apparently, with Alpine and Alpha Tauri being touted as possible destinations.
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Old 25th August 2022, 11:40   #3
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Re: Audi to buy majority stake at Sauber F1 team; Official announcement expected soon

So Mick Schumacher for Alfa Romeo (Audi) looks possible now. Good move on Audi's part.
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