{"id":23397,"date":"2024-03-08T11:37:25","date_gmt":"2024-03-08T16:37:25","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/sport\/audi-to-take-100-ownership-of-sauber-f1-team-from-2026\/08\/03\/2024\/"},"modified":"2024-03-08T11:37:25","modified_gmt":"2024-03-08T16:37:25","slug":"audi-to-take-100-ownership-of-sauber-f1-team-from-2026","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/sport\/audi-to-take-100-ownership-of-sauber-f1-team-from-2026\/08\/03\/2024\/","title":{"rendered":"Audi to take 100% ownership of Sauber F1 team from 2026"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<p>Audi will take 100% control of Swiss-based Sauber ahead of its transformation into the German carmaker&#8217;s factory Formula One team from 2026, the Volkswagen-owned brand said on Friday.<\/p>\n<p>Oliver Hoffmann will step down from Audi&#8217;s management board to take overall responsibility for the F1 programme while Andreas Seidl, already in place at Sauber&#8217;s base in Hinwil in Switzerland, will run the team.<\/p>\n<p><strong>&#8211; <a href=\"https:\/\/www.espn.co.uk\/f1\/story\/_\/id\/34296466\/unlapped-how-listen-watch-espn-new-f1-show-episode-archive-more\" target=\"_blank\" rel=\"noopener nofollow\">Unlapped: How to listen or watch ESPN&#8217;s F1 show<\/a><\/strong><\/p>\n<p>Audi CEO Gernot Doellner will take charge of the technical development division, previously headed by Hoffmann, in addition to his existing duties.<\/p>\n<p>Audi said the supervisory boards of Volkswagen and Audi had voted for a complete takeover of the Sauber Group after agreement with current majority shareholder Islero Investments, linked to Swedish billionaire Finn Rausing.<\/p>\n<aside class=\"inline inline-photo full\">\n<figure><picture><source data-srcset=\"https:\/\/a2.espncdn.com\/combiner\/i?img=%2Fphoto%2F2024%2F0308%2Fr1301931_1296x729_16%2D9.jpg&amp;w=570&amp;format=jpg, https:\/\/a2.espncdn.com\/combiner\/i?img=%2Fphoto%2F2024%2F0308%2Fr1301931_1296x729_16%2D9.jpg&amp;w=1140&amp;cquality=40&amp;format=jpg 2x\" media=\"(min-width: 376px)\"><source data-srcset=\"https:\/\/a2.espncdn.com\/combiner\/i?img=%2Fphoto%2F2024%2F0308%2Fr1301931_1296x729_16%2D9.jpg&amp;w=375, https:\/\/a2.espncdn.com\/combiner\/i?img=%2Fphoto%2F2024%2F0308%2Fr1301931_1296x729_16%2D9.jpg&amp;w=750&amp;cquality=40&amp;format=jpg 2x\" media=\"(max-width: 375px)\"><img class=\" lazyload lazyload\" data-image-container=\".inline-photo\" height=\"320\" width=\"570\"\/><\/source><\/source><\/picture><figcaption class=\"photoCaption\">Audi will take full control of Sauber from 2026.\u00a0<cite>Getty<\/cite><\/figcaption><\/figure>\n<\/aside>\n<p>The carmaker said in January 2023 that it had taken a minority stake in Sauber, without giving details.<\/p>\n<p>Audi is making its own F1 power unit in Neuburg in Bavaria.<\/p>\n<p>&#8220;The entry into Formula One is not only the pinnacle of Audi&#8217;s very successful history in motorsport, but also as big a sporting challenge as it is a financial commitment,&#8221; said Manfred Doess, chairman of Audi&#8217;s supervisory board.<\/p>\n<p>&#8220;Through the bundling of Oliver Hoffmann&#8217;s responsibilities and the complete takeover of the Sauber Group, we are accelerating our preparations for the 2026 season.&#8221;<\/p>\n<p>Seidl, who was team principal at McLaren before joining Sauber at the end of 2022, said: &#8220;We have a clear roadmap for how we want to become competitive in Hinwil as well as in Neuburg,&#8221;<\/p>\n<p>&#8220;We have ambitious goals. Realization of them is in progress and will be further accelerated through the complete takeover of Sauber by Audi AG.&#8221;<\/p>\n<p>Last month, Sauber launched its new car and livery as part of its rebranding under the name Stake.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.espn.co.uk\/f1\/story\/_\/id\/39684176\/audi-take-100-ownership-sauber-f1-team-2026\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Audi will take 100% control of Swiss-based Sauber ahead of its transformation into the German carmaker&rsquo;s factory Formula One team from 2026,<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/sport\/audi-to-take-100-ownership-of-sauber-f1-team-from-2026\/08\/03\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":23400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[213],"tags":[5600,4039,3327,91],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/23397"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=23397"}],"version-history":[{"count":1,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/23397\/revisions"}],"predecessor-version":[{"id":23399,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/23397\/revisions\/23399"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/23400"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=23397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=23397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=23397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}