News Details

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 Reports that Audi is considering selling off a stake in Sauber to the Emirate of Qatar have taken on a new sense of urgency, with media sources suggesting that an official announcement is imminent. The first rumors were reported by veteran F1 journalist Joe Saward, and now Motorsport.com sources have suggested that a deal could go through as early as next week. Audi announced in March that it would be buying 100% of Sauber from former owner Finn Rausing for an estimated valuation of around 650 million euros. But recent weeks have seen the Audi's parent company Volkswagen AG engulfed in a series of business problems, with...
Full Story »
1y ago from F1i.com 0
Share

You May Also Be Interested In...

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...
1y ago from F1i.com

Bottas poised to learn Audi-Sauber fate ‘soon'

Nov.4 Audi-owned Sauber is now just days away from finally announcing...
1y ago from OneStopStrategy.com

Red Bull: Max Verstappen emulated Ayrton Senna with F1...

Red Bull boss Christian Horner admitted Max Verstappen's first lap in...
1y ago from MotorsportWeek.com

Jos Verstappen backs Lawson as Perez’s replacement...

©RB Phillip van Osten 07/11/2024 at 12:0707/11/2024 at 11:47 Liam...
1y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

You’re in the queue

Morning all, Andrew M is out of action today, so I’m on cover duty for...
5h ago from Arseblog.com

Sources: Man City and Arsenal lead race for English...

Jack Hinshelwood’s rise at Brighton & Hove Albion has been one of the...
5h ago from CaughtOffside.com

Martin Odegaard warned his place in starting XI no...

Arsenal’s emphatic 4-1 victory over Tottenham has not only reignited...
6h ago from CaughtOffside.com

'As it stands..': Latest on Liverpool move for 100m...

Liverpool have been heavily linked with a move for Yan Diomande in recent...
15h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.