Audi validate comprehensive Sauber F1 takeover

On the eve of the Saudi Arabian Grand Prix, Audi has formally verified that it programs to comprehensive its acquisition of the Sauber organisation forward of its 2026 Method one entry.

In August 2022, Audi declared its programs to consider more than the Sauber F1 staff in 2026 when new technological polices will consider result. Nonetheless, with modifications in Audi’s administration, rumours have commenced to flow into various instances that the German producer could simply call off its F1 motivation.

The Ingolstadt-dependent producer has now verified its programs to consider a one hundred % stake in the Sauber Team. Audi has declared that a corresponding arrangement has been attained with the recent bulk shareholder, Islero Investments AG, which completely supports the adjust.

Oliver Hoffmann, at present heading the Specialized Improvement division, will be manufactured a Basic Consultant by the Board of Administration, and as a end result will be accountable for applying AUDI AG’s Method one motivation and entry into the leading degree of motorsport. The recently designed place will unite all 3 pillars of the Method one plan: the stake in the storied Swiss racing staff, enhancement of the electrical power device by the Audi Method Racing GmbH at the Neuburg web site, as nicely as the strategic steering and activation of the plan by AUDI AG.

Basic agent Oliver Hoffman reported: “I would like to thank the whole staff at Specialized Improvement for the wonderful overall performance in current many years, and I am happy of the exceptional products and solutions ensuing from our intense operate that we will deliver to the streets in the coming months.

“Motorsport, significantly Method one, is my major enthusiasm. I am certain that by bundling obligations and using more than one hundred for every cent of Sauber Team, we will further more speed up our preparations for the start in 2026.”

Hoffman extra: “I am delighted we had been ready to safe the companies of Andreas Seidl as Audi F1 Crew CEO. He is just the correct male for our bold approach. Many thanks to his wide expertise from management roles on the producer and Method one staff facet, he will make a considerable contribution to Audi’s Method one venture.”

In relationship with this, Oliver Hoffmann is stepping down as a Member of the Board of Administration of AUDI AG. Audi CEO Gernot Döllner will consider demand of the Specialized Improvement division in addition to his current obligations. He will continue on the ongoing transformation of Specialized Improvement. Other than shortening enhancement instances, the concentration is mostly on additional productive buildings and obvious regions of accountability in get to operationalize the prioritization of products and solutions and systems as recommended by the Audi Agenda.

In preparing of its entry into the FIA Method one Planet Championship in 2026, Audi is filling an additional vital purpose. As Audi F1 Crew CEO, Andreas Seidl will be in demand of the implementation of the Audi F1 venture as nicely as the Audi F1 Crew. He will also be the deal with of the potential Audi Method one Crew.

Born in Passau, Germany, Seidl started his motorsport occupation in BMW’s Method one plan he was also Director of Race Functions for the duration of his time there. As Crew Principal, Seidl celebrated various environment championships and 3 general victories at the prestigious 24 Several hours of Le Mans. From 2019 to 2022, Seidl was Crew Principal of the McLaren Method one Crew, right before using more than as CEO of Sauber Team in 2023.

Seidl commented: “I thank Gernot Döllner and Oliver Hoffmann for their belief and am seeking ahead to foremost Audi into Method one jointly with a remarkably determined staff as CEO of the Audi F1 Crew.

“We have a obvious roadmap for how we want to develop into aggressive in Hinwil as nicely as in Neuburg. We have bold targets. Realization of them is in development and will be further more accelerated by means of the comprehensive takeover of Sauber by AUDI AG.”