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Audi reassures fans as Qatar investment powers F1 project
© XPB Michael Delaney
29/11/2024 at 15:5329/11/2024 at 16:01 Despite financial challenges plaguing its parent company, the Volkswagen Group, Audi has reaffirmed its unwavering commitment to Formula 1. In a move that strengthens the German manufacturer’s project, Audi has confirmed its strategic partnership with the Qatar Investment Authority (QIA), to which it has sold a minority stake in their Sauber F1 team. Addressing concerns at the Qatar Grand Prix, Audi CEO Gernot Dollner emphasized that the partnership wasn't a cost-saving measure due to Volkswagen's struggles. "We have a business plan, and it's a business for us," he asserted. “This F1 project is an...
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