News Details
Qatar could eventually buy majority Audi F1 stake
Nov.12 Audi's new Formula 1 venture looks set to completely sidestep the financial crisis at Volkswagen. It is emerging this week that, amid the ongoing VW crisis, Sauber's new 100 percent owner Audi could be set to sell up to half of the F1 team for a tidy profit. Osterreich newspaper reports that Audi's purchase price of the Swiss-based Sauber team was 600 million euros. And the rumoured sale-price of a minority share sale to Qatar's sovereign wealth fund, potentially involving title sponsorship by Qatar Airways, could be worth a billion euros to Audi. 'Now Audi is coming (to Sauber),' former F1 supremo Bernie Ecclestone told Blick newspaper this week, 'but in the current situation the...
Full Story »
Full Story »
2mo ago from OneStopStrategy.com
0
You May Also Be Interested In...
Audi 'set to sell stake in Sauber to Emirate of Qatar'
© XPB Andrew Lewin
10/11/2024 at 15:2210/11/2024 at 13:44...
2mo ago from F1i.com
Wolff's first clue on Hamilton's move to Ferrari came...
© XPB Phillip van Osten
08/11/2024 at 17:2308/11/2024 at 17:49...
2mo ago from F1i.com
A nod to Formula 1's first female driver
Phillip van Osten
11/11/2024 at 12:3011/11/2024 at 11:09 Maria Teresa de...
2mo ago from F1i.com
Qatar to reportedly buy Audi F1 stake amid VW crisis
Audi's Formula 1 project has returned to the spotlight as reports now...
2mo ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia insists he will remain a "gentleman"...
No description available...
4h ago from Motorsport.com
Marquez: It’s “logical” Bagnaia has first say...
No description available...
1d ago from Motorsport.com
Ducati believes Marc Marquez and Francesco Bagnaia...
Ducati boss Davide Tardozzi believes it will be "very easy" to...
1d ago from MotorsportWeek.c...
What to expect from Ducati in the 2025 MotoGP season
The arrival of Marc Marquez at Ducati has made the 2025 MotoGP season one...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
22h ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
15h ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
1d ago from MotorsportWeek.c...
Alexander Rossi points to loyalty as main reason ECR...
Alexander Rossi is set to embark on a new journey with Ed Carpenter...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Monte Carlo: Tanak fastest as 2025 WRC cars make...
No description available...
19h ago from Motorsport.com
Tanak: 2025 Rally1 cars are how a "rally car...
No description available...
1d ago from Motorsport.com
Defender reveals challenger for 2026 Dakar Rally entry
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
City down and almost out in Paris as Arsenal march on...
Rushden is joined by Barry Glendenning, Nicky Bandini, Jonathan Fadugba...
1h ago from TheGuardian.com
Martin Odegaard trying to convince Manchester United...
No description available...
3h ago from SportsKeeda.com
Arsenal lineup vs. Wolves: Predicted XI for Premier...
Sports Mole takes an in-depth look at how Arsenal could line up for...
1h ago from SportsMole.co.uk
Preview: Wolverhampton Wanderers vs. Arsenal -...
Sports Mole previews Saturday's Premier League clash between Wolverhampton...
1h ago from SportsMole.co.uk
Comments
Hottest News
Newey handed huge Aston Martin blow in bleak 2025 prediction
Adrian Newey has been dealt a significant blow... Read More »
1h ago from GPFans.com
How Ferrari set about erasing Lewis Hamilton's Mercedes...
According to a report in Italian media, Ferrari... Read More »
1h ago from MotorsportWeek.com
FIA confirm NEW championship points system
The FIA have confirmed a new points system will... Read More »
5h ago from GPFans.com
