The Qatar Investment Authority (QIA) announced that it had acquired a significant minority stake in Sauber Holding AG, which will become Audi’s F1 factory team in 2026.

The deal will be completed next year, after Audi has taken full ownership of the Sauber team that is the basis for its entry. Qatar is the third largest shareholder in the Volkswa

Audi has sold a stake in its Formula One team to Qatar’s sovereign wealth fund ahead of the German manufacturer’s entry to the sport in 2026. Audi announced on Friday ahead of this weekend’s Qatar Grand Prix that the Qatar Investment Authority (QIA) had acquired a “significant minority stake” in the team,

The Qatar Investment Authority is buying a stake in the Audi Formula One racing team, joining other Gulf sovereign funds who have been channeling their vast wealth into global sports franchises.

Four of the current 24 races are in the Middle East – more than held in the United States. Read more at straitstimes.com.

Qatar is buying a significant minority stake in Audi's Formula One team, the Gulf country's estimated $510 billion sovereign wealth fund and the German carmaker said on Friday. The holding will be almost a third of the team,

The Qatar Investment Authority (QIA), the Gulf country's estimated $510 billion sovereign wealth fund, has signed binding agreements to buy a significant minority stake in Audi's Formula 1 team, the fund and carmaker said on Friday.