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Audi is ready to enter Method 1 in 2026 with a partnership with present staff Sauber.
The automaker bought a minority stake within the Swiss F1 staff early final yr, however is now reportedly planning a full takeover.
Citing individuals aware of the matter, Bloomberg reported on Wednesday that Audi initially deliberate to slowly enhance its stake in Sauber to a most 70% however underneath the steerage of latest CEO Gernot Döllner, who took over the reigns at Audi final fall, the plan has modified to full possession.
Sauber’s fundamental shareholder at current is Longbow Finance, a Swiss funding agency that bought the staff in 2016 from founder Peter Sauber and fellow key shareholder Monisha Kaltenborn.
After its cope with Alfa Romeo ended final yr, Sauber will compete in F1 this season underneath its personal identify. The staff’s identify shall be modified to Audi in 2026, when it turns into the official manufacturing facility staff of the automaker.
Audi has established the brand new firm Audi Method Racing primarily based in Germany to supervise the F1 program. Audi Method Racing has additionally been charged with creating the new energy unit the staff will use from 2026.
In accordance with Bloomberg’s sources, present Audi R&D chief Oliver Hoffmann will oversee the F1 venture whereas a successor for the R&D chief position continues to be being determined.
Fellow Volkswagen Group model Porsche was additionally seeking to enter F1 with its personal energy unit and presumably a manufacturing facility staff. Porsche was in negotiations with Purple Bull Racing, although the talks resulted in 2022 with no deal being brokered. Porsche stated on the time it stays open to an F1 entry ought to the fitting alternative come up.
Cadillac can be seeking to kind an F1 entry with Andretti World, the father or mother firm of Andretti Autosport. Their bid for an entry by 2025, utilizing Renault energy items, was rejected, however there’s nonetheless an opportunity of an entry by 2028, when Normal Motors would have the ability to provide its personal energy unit for the staff.
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