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Asharq Al-Awsat

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Asharq Al-Awsat

Audi Takes Minority Stake in Swiss-Based Sauber Group

Audi Sauber Sauber Group F1 Volkswagen

02 October 2018, France, Paris: An employee polishes the logo of an Audi vehicle on the first press day of the Paris International Motor Show. (dpa)

Audi has taken a minority stake in the Sauber Group whose Swiss-based Formula One team are due to become the German car manufacturer's factory outfit from 2026.

Sauber said in a statement on Monday that, as planned, the Volkswagen-owned brand took the stake this month but gave no financial details.

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