sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
F1 team 'to be sold to Qatari investors' in shock move later this month

Home> F1

Updated 14:22 21 Nov 2024 GMTPublished 15:49 7 Nov 2024 GMT

F1 team 'to be sold to Qatari investors' in shock move later this month

The announcement is expected next month.

Tom Jenkins

Tom Jenkins

google discoverFollow us on Google Discover

Audi F1 is set to become a Qatari-owned team as a takeover announcement is expected with the team set to rebrand for the 2026 season.

The German manufacturer first announced they would become an F1 power unit supplier in 2022, and would join the sport in 2026 once the new engine regulations are introduced.

This announcement was paired with the news they would be officially entering the sport as they partnered with Sauber, who are currently known as the KICK F1 team.

Sauber have been preparing for their Audi rebrand for quite some time, with the signing of German driver Nico Hulkenberg a key move for Audi who insisted on German representation in their driver pairing.

Advert

This put the likes of Mick Schumacher in the running for the second Sauber seat for 2025, however, the team announced on Monday the signing of F2 championship leader Gabriel Bortoleto for next season.

As well as driver representation, Audi hopes their arrival in F1 can reignite hope that the German Grand Prix can return to the calendar after being absent since 2019.

However, Audi themselves are set to become a non-German team with Qatar investors set to announce a majority stake in the team.

Ralf Bach told F1 Insider that Audi have already sold to the investors, and the announcement will be made at the Qatar Grand Prix next month.

Audi F1 car that was revealed in 2022- Getty
Audi F1 car that was revealed in 2022- Getty

Bach sees it as a major blow to Formula 1 in Germany, as the deal means Audi’s iconic four rings will essentially be ‘make-up’ for a Qatar-fronted team.

“What we also didn’t tell you is that Audi will no longer be a German team in the future because, from what I’ve heard, they have Qatari backers," Bach said via F1 Insider.

"The majority of the Audi team sold, more or less announced in Qatar. We will have Audi, [where] the four rings are just make-up. The majority of the team will belong to people from Qatar."

Featured Image Credit: Getty

Topics: Formula 1, Qatar

Tom Jenkins
Tom Jenkins

Tom Jenkins is a Social Editor and Journalist for SPORTBible. Specialises in Football and F1 but has experience covering a variety of sports such as MMA, Boxing and Cricket. Suffers weekly as an Evertonian.

X

@tomjenkns

Recommended reads

Tyson Fury explains why his 14-year-old son Prince has “no choice” but to become a boxerGettyTyson Fury targets Jon Jones clash as next move after boxing confirmedGetty“I don’t fight for a country” – Michael 'Venom' Page reveals why he won’t walk out with a flag at UFC LondonGeoff Stellfox/Getty ImagesLerone Murphy details ‘bucket list’ fight ahead of UFC LondonChris Unger/Zuffa LLC

Advert

Choose your content:

4 hours ago
5 hours ago
22 hours ago
a day ago
  • ADAC Motorsports
    4 hours ago

    Max Verstappen narrowly avoids crash while making fearless overtake in Mercedes

    Verstappen pulled off a remarkable piece of driving to keep his #3 car out of the wall at the Nurburgring Nordschleife.

    F1
  • ADAC Motorsports
    5 hours ago

    GT3 driver's reaction speaks volumes as Max Verstappen overtakes him in Mercedes

    Verstappen is competing in a four-hour GT3 race at the Nurburgring Nordschleife this weekend.

    F1
  • Getty
    22 hours ago

    Max Verstappen forced out of Mercedes in concerning incident at Nurburgring

    Max Verstappen is set to drive at the Nurburgring Nordschleife this weekend.

    F1
  • Getty
    a day ago

    Audi team principal set to join F1 rivals as official statement on exit issued

    An official statement has been released by Audi.

    F1
  • UK high street store is selling a merino wool collection that looks designer
  • Max Verstappen handed new penalty by FIA one day before Brazilian GP as F1 title race takes shock twist
  • F1 team forced to make late driver change hours before sprint qualifying at Brazilian GP
  • Rare black flag handed out at the Brazilian GP as F1 driver is disqualified for the first time in over a decade