Formula 1: Qatar Investment Authority to become a minority shareholder in future Audi team (Sauber)
Qatari sovereign wealth fund Qatar Investment Authority (QIA) is to acquire "a substantial minority stake" in Sauber AG, itself wholly owned by German car manufacturer Audi, announced the latter on 29/11/2024. The deal, which would involve 30% of the Swiss company's shares, is intended to "accelerate preparations for Audi's Formula 1 entry...