According to Autosport, sales are affected by Volkswagen’s financial situation.
Audi, which is rising to Formula 1, is selling part of its F1 team to Qatar, says, among other things Autosport magazine.
Audi bought 100% of the team formerly known as Sauber and it is planned to start as an F1 team in 2026. However, according to new information, Audi may sell part of its ownership to Qatar.
According to the magazine, sales are affected by the financial situation of the German company Volkswagen AG, which owns Audi. In Germany, there has even been talk of closing factories and ending the work of 30,000 people.
According to Autosport, insiders have said that due to the economic crisis, it is currently difficult to justify the expensive and extensive F1 project.
– According to our principle, we do not comment on speculations, Audi replied to Autosport about selling the stake.
Audi’s plans were first reported by an F1 journalist Joe Saward at the end of October. According to Autosport, it is possible that Qatar’s investment is larger than previously expected. According to information, Qatar can invest up to one billion euros in the stable.
Valtteri Bottas will drive for Sauber until the end of this season, but the team has already chosen new drivers for next season. It has been rumored that Bottas will move to Mercedes’ back-up driver.