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 »
1d 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...
3d 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...
5d 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...
2d 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...
2d ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin vs Francesco Bagnaia: MotoGP title...
The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...
10h ago from MotorsportWeek.c...
Marquez feared his "time was over" in final...
No description available...
11h ago from Motorsport.com
How Martin can clinch the 2024 MotoGP title in the...
No description available...
11h ago from Motorsport.com
2024 MotoGP Barcelona Grand Prix – How to watch,...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
1d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
5d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
2d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal handed injury boost as 2 key injured players...
No description available...
56m ago from SportsKeeda.com
Manchester United and Liverpool among clubs seeking...
No description available...
4h ago from SportsKeeda.com
Arsenal looking to tie down key player to new...
No description available...
3h ago from SportsKeeda.com
Liverpool, Arne Slot Premier League favourites: Title...
Sports Mole examines the Premier League title race after Liverpool took a...
3h ago from SportsMole.co.uk
Comments
Hottest News
F1 superstar in EMBARRASSING driving 'test' gaffe
A Formula 1 star has suffered embarrassment after... Read More »
56m ago from GPFans.com
F1 Today | Chandhok exclusive on Hamilton, and F1 to have a...
Today may not have seen so much breaking news in... Read More »
46m ago from GPBlog.com
F1 Commission green lights array of changes for 2025 and...
The FIA's Formula 1 Commission met in Geneva on... Read More »
2h ago from F1i.com
