QIA acquire minority share in future Audi team
A new driver line-up will arrive next season in the form of veteran Nico Hulkenberg and rookie Gabriel Bortoleto, while former Ferrari boss Mattia Binotto joined as Chief Operating and Chief Technical Officer over the summer and Red Bull’s Jonathan Wheatley will take up the position of Team Principal from the middle of 2025.
Gernot Döllner, CEO of AUDI AG and Chairman of the Board of Directors of Sauber Motorsport AG, commented on the news of QIA’s investment: “The investment by QIA reflects the trust and confidence the Audi F1 Project has already garnered, underscoring unwavering commitment of Audi to the initiative.
“This additional capital will accelerate the team’s growth and is yet another milestone on our long-term strategy. QIA’s involvement further energizes the dedicated efforts at both the Hinwil and Neuburg facilities as they work towards the entry of Audi in 2026.”
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"Be fearful when others are greedy – and greedy when others are fearful." The famous words of US investment guru Warren Buffett
