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Al Jazeera
Al Jazeera

Qatar’s sovereign wealth fund takes a stake in Audi’s future F1 team

RB's Yuki Tsunoda during during practice for Formula One's Qatar Grand Prix [Jakub Porzycki/Reuters]

The sovereign wealth fund of Qatar is acquiring a “significant minority stake” in what will become Audi’s Formula 1 works team from 2026, in a deal announced Friday before the Qatar Grand Prix.

A joint statement said the Qatar Investment Authority will be “a long-term investor and partner” and provide “a substantial capital injection” that will help the team expand its infrastructure.

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