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...
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