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 »
6mo 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...
6mo 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...
7mo 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...
7mo 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...
7mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...

Popular On GunnersToday.com

Manchester United and Arsenal handed boost as striker...

Manchester United and Arsenal have received a boost in their pursuit of...
6h ago from SportsKeeda.com

Martin Zubimendi considering snubbing move to Arsenal...

Real Sociedad star Martin Zubimendi is considering rejecting Arsenal in...
10h ago from SportsKeeda.com

PSG president recalls Luis Enrique's bold prediction...

Paris Saint-Germain (PSG) boss Luis Enrique was confident of winning the...
11h ago from SportsKeeda.com

Xabi Alonso to inform Real Madrid veteran that he's no...

Real Madrid manager Xabi Alonso is all set to inform David Alaba that he...
10h ago from SportsKeeda.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.