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Qatar secures stake in Audi F1 team

Formula 1

Qatar secures stake in Audi F1 team

By Chris Medland - Nov 29, 2024, 9:51 AM ET

The Qatar Investment Authority (QIA) has acquired a “significant minority stake” in Sauber Holding AG, the future Audi Formula 1 team.QIA is already a stakeholder in the Volkswagen Group – Audi’s parent company – and will provide a substantial capital injection that Audi said will allow the team to increase...

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